Alphabet shares drop on higher AI spending, earnings miss

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Alphabet company shares went down. The company made less money this time.

The company made much money in total. But money from ads was not enough.

Google Cloud business grew very much. Selling AI chips helped the company.

Alphabet spent much money on new things. This is for future plans.

Google makes many new AI things. A judge made a rule about its ads.

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Did Alphabet company shares go down?

Yes, Alphabet company shares went down.

Did the company make less money this time?

Yes, the company made less money this time.

Did Google Cloud business grow very much?

Yes, Google Cloud business grew very much.

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