Search giant boosted spending on AI investments to more than $50bn in the quarter
Google's stock dropped as much as ten percent after its quarterly earnings. Cloud revenue more than doubled to $30.7 billion, but search revenue grew just 12 percent, slower than expected. Google...
In its Q3 earnings, Google said its AI investments are leading to more searches than ever, yet it's not making money at the same rate.
Google stock rose amid Q3 cloud computing growth that beat expectations while internet search advertising growth slowed again.
Google stock faces a Q3 earnings test amid renewed investor worries over the core internet search advertising business.
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