Alphabet Shares Tumble More Than 10% After Revenue Miss, Cash Burn Worsens

Reuters10-29 06:26

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ABC888
    10-29 07:09
    ABC888
    It looks like Alphabet still needs some time to bottom out. Only then will the share price have room to recover. Right now, it's a falling knife.
  • neo26000
    10-29 06:59
    neo26000
    I've said this about a billion times, but apparently it needs saying a billion and one: CAPEX does NOT automatically translate into profits. Spending billions on AI infrastructure is not the same as earning billions from it. But hey, why bother with revenue, margins, cash flow, or return on investment when you can just announce another $100 billion in spending and watch Wall Street applaud? Apparently, the more you spend, the richer you become. Revolutionary economics! 😂
    • David3547: 
      people perceive the potential earnings so it is spent more earn more haha
Leave a comment
2
2