Alphabet shares fall more than 7% on revenue miss, heightened AI investments
1. Alphabet's Q4 revenue of $96.47B missed estimates of $96.56B. 2. Company plans to spend $75B on AI capital expenditures moving forward. 3. YouTube and search segments are experiencing slowing year-over-year growth. 4. Higher CAPEX raises concerns about operational leverage affecting stock performance. 5. Analysts highlight cloud revenue and spending as reasons for stock underperformance.