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July 6, 2025
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Alphabet shares fall 7% in Frankfurt after revenue miss
  • Finance

Alphabet shares fall 7% in Frankfurt after revenue miss

Cs news5 months ago5 months ago01 mins

LONDON (Reuters) – Alphabet shares fell 7.3% in Frankfurt on Wednesday a day after the company reported quarterly earnings that showed cloud revenue growth slowed and missed analyst expectations. Shares in the company dropped over 8% in extended trading on Tuesday following the results, having ended regular trading up 2.56%. (Reporting by Alun John; Editing…

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DeepSeek's 'Sputnik moment' sparks rout in AI-linked stocks
  • World News

DeepSeek’s ‘Sputnik moment’ sparks rout in AI-linked stocks

Cs news5 months ago07 mins

By Amanda Cooper and Ankur Banerjee LONDON/SINGAPORE (Reuters) -Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector. Startup DeepSeek last week launched a free assistant it says uses less data…

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Oracle shares rise 9% after Trump unveils $500 billion AI plan
  • World News

Oracle shares rise 9% after Trump unveils $500 billion AI plan

Cs news5 months ago01 mins

LONDON (Reuters) – Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, together with OpenAI and SoftBank. The joint venture, called Stargate, plans to invest $500 billion, Trump said at the White House the previous day. Oracle shares…

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Alphabet shares in Frankfurt rise 1.8% after results
  • Finance

Alphabet shares in Frankfurt rise 1.8% after results

Cs news8 months ago8 months ago01 mins

LONDON (Reuters) – Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were “paying off” as its earnings and revenue came in ahead of analyst’s expectations. Its U.S. shares rose nearly 6% in after-market trading from Tuesday’s official close of $169.68. (Reporting by Alun…

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