Alphabet, the parent company of Google, has released its fourth-quarter financial report, revealing an EPS of $2.15, marginally surpassing forecasts. Total revenue amounted to $96.47 billion, slightly undershooting market projections. Notably, Google's advertising business generated $72.46 billion in revenue, while the cloud business contributed $11.9 billion, both figures exceeding market expectations. The company anticipates capital expenditures of around $75 billion in 2025, earmarked for ongoing investments. Nonetheless, following the release of the financial report, Google A shares experienced a 4.55% decline in after-hours trading, with Amazon shares also dipping by 1.3%.
