Alphabet reports miss on earnings and revenue

Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020.

Geert Vanden Wijngaert | Bloomberg | Getty Images

Alphabet reported first quarter earnings after the bell. Here are the results:

Earnings per share (EPS): $24.62 per share, vs. $25.91 expected, according to Refinitiv

Revenue: $68.01 billion, vs. $68.11 billion expected, according to Refinitiv

Wall Street is also watching other key numbers in the Alphabet report:

YouTube advertising revenue: $6.87 billion expected vs. $7.51 billion expected, according to StreetAccount
Google Cloud revenue: $5.82 billion vs. $5.76 billion expected, according to StreetAccount
Traffic acquisition costs (TAC): $11.99 billion vs. $11.69 billion expected, according to StreetAccount

WATCH: Cramer looks at Humana, UPS and other earnings reports

Source

World

Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up

November 6, 2025

Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images | Lightrocket | Getty Images Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI’s ChatGPT in “agentic” capabilities — or understanding what a user wants without explicit step-by-step instructions. […]

World

Job cuts in October hit highest level for the month in 22 years, Challenger says

November 6, 2025

Jobseekers during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor […]

World

Google’s rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon

November 6, 2025

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google is making its most powerful chip yet widely available, the search giant’s latest effort to try and win business from artificial intelligence companies […]