Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending

T1Covered by 1 source · first reported by The Hindu — Technology / BusinessLine — Info-tech at 30 Oct, 12:59 UTC

Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns

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Sources

• T1Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spendingThe Hindu — Technology / BusinessLine — Info-tech30 Oct, 12:59