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2026February › 04

Wall Street

5 months ago

Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending

Google’s parent company, Alphabet, beat Wall Street expectations on Wednesday, and i…

The entertainment giant has once again promoted its theme parks boss to CEO. Investors hope it will be different this time
Analysts are betting on solid growth within Alphabet's cloud and search businesses. They're also expecting Meta's strong results to give Alphabet a lift.
Hedge funds are increasing their short bets against software stocks, contributing to the brutal sell-off in the space so far this year, according to sources at two major funds on Wall Street.
Asia-Pacific markets looked set to fall, tracking Wall Street losses as a sell-off in U.S. technology stocks weighed on sentiment.

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