Unternehmen: Alphabet-Gewinn schrumpft um ein Viertel – Google-Mutter kann Erwartungen nicht erfüllen
Alphabets Cloudgeschäft wächst rasant, doch hohe Investitionen in KI-Infrastruktur belasten den Cashflow. Der bereinigte Gewinn der Google-Muttergesellschaft fällt deutlich.
Alphabet, the parent company of Google, reported a decline in profits, falling short of market expectations. The company's earnings shrank by a quarter, and its stock price fell by nearly nine percent on Wall Street following the release of the results. The decline was attributed to unexpectedly high costs associated with constructing new data centers, which overshadowed the stormy growth of Alphabet's cloud division.
Google's advertising revenue, a crucial income source for the conglomerate, increased by about twelve percent year-on-year to $63.35 billion, falling short of the analysts' projections of around $65 billion. Google Cloud managed to boost its sales by more than 100 percent to $30.7 billion, with growth of nearly 82 percent in the previous quarter.
Alphabet incurred a negative free cash flow of approximately $9 billion due to the significant investment in expanding its AI infrastructure. The company plans to invest $205 billion in new server farms this year.
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