AMD and Alphabet Stocks Drop Following Q4 Earnings Reports

Reported about 7 hours ago

Alphabet's stock fell over 7% in after-hours trading after its Q4 earnings slightly missed estimates, reporting $96.47 billion in revenue. Meanwhile, AMD also saw a decline despite strong earnings, as its data center revenue of $3.9 billion fell short of expectations. Analysts discussed Alphabet's cloud revenue miss and rising CapEx spending as key issues affecting both companies.

Source: YAHOO

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