Says expects larger headwind in Q1 from foreign exchange. Says expects headwind from leap year. Says YouTube and cloud services combined ended year at annual run rate of $110B. Says making Gemini 2.0 flash AI model available tomorrow. Says YouTube continues to be number one in streaming watch time in the U.S. Says early investment in podcasts is paying off. Says Waymo made tremendous progress. Says Waymo averaging over 150,000 trips each week. Says developing sixth-generation Waymo Driver which will significantly lower hardware costs. Says people shop more than 1B times per day across Google. Says could see variability in cloud revenue growth rates. Says expects some headcount growth in 2025 in key investment areas. Comments and guidance taken from Q4 earnings conference call.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Alphabet reports Q4 Google advertising revenue $72.46B vs. $65.52B last year
- Alphabet reports Q4 Google Cloud revenue $11.96B vs. $9.19B last year
- Alphabet CEO says Q4 ‘a strong quarter’ driven by ‘leadership in AI’
- Alphabet to invest $75B in capital expenditures in 2025
- Alphabet Class A shares down 7% after Q4 report