KI: Teurer KI-Wettlauf – Alphabet verschreckt die Wall Street
Die Cloudsparte verdoppelt ihren Umsatz, trotzdem stürzt die Alphabet-Aktie ab: Werbegeschäft und Gewinn enttäuschen, der KI-Ausbau verschlingt Milliarden.
Google's parent company Alphabet surpassed Wall Street's expectations in the third quarter on both revenue and profit. However, investors are growing increasingly doubtful about the return on the record spending on artificial intelligence (AI). The stock plummeted on Wednesday, falling nearly eleven percent after hours. Business operations reported a second consecutive double-digit increase, with revenue rising 25 percent to $127.6 billion, slightly below forecasts.
Google search advertising, the primary revenue source for the conglomerate, only grew by twelve percent to $63.4 billion, falling short of estimates around $65 billion. Even YouTube's video platform lagged behind with $11.2 billion in advertising revenue, underestimating its potential. Despite the profit slump, Alphabet earned $26.2 billion, a quarter less than a year ago, equating to $2.12 per share, down from $2.87 a year earlier. Wall Street was anticipating earnings close to three dollars per share.
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