This Tech Giant Is Investing $75 Billion on AI. Is It Time to Buy?
Portfolio Pulse from
Alphabet reported mixed Q4 2024 results with a 12% revenue increase to $96.5 billion, slightly below Wall Street expectations. The company is investing $75 billion in AI, which could impact its future performance.
February 17, 2025 | 1:15 pm
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Alphabet's Q4 2024 revenue increased by 12% to $96.5 billion, slightly missing Wall Street's target. The company is investing $75 billion in AI, which could drive future growth.
Despite missing revenue expectations, Alphabet's significant investment in AI suggests a strong focus on future growth. This could positively impact the stock price as investors anticipate potential returns from AI advancements.
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