Breaking news

Google’s Earnings Fall Short As Cloud Revenue Misses Expectations

Shares of Alphabet, Google’s parent company, plunged in after-hours trading on Tuesday after the tech giant’s Q4 earnings report revealed weaker-than-expected cloud revenue and a significantly higher spending outlook for 2025.

Key Figures

  • Alphabet’s stock fell 7% to $193 by 4:35 p.m. EST, wiping out nearly $180 billion in market value.
  • The company beat EPS estimates with $2.15 per share, slightly above Wall Street’s $2.12 forecast.
  • However, revenue came in at $96.5 billion, narrowly missing expectations of $96.7 billion.
  • Google Cloud, a major AI-driven growth area, generated $11.96 billion in revenue—below the projected $12.19 billion.
  • Alphabet forecasted $75 billion in capital expenditures for 2025, far exceeding analysts’ $58.8 billion estimate.
  • Earlier in the day, Alphabet’s stock hit a record high of $207.71 before tumbling post-earnings.

Advertising Remains A Powerhouse

Alphabet’s core ad business continues to thrive, bringing in $72.46 billion in Q4—easily surpassing forecasts of $71.66 billion and shattering Q3 2024’s $65.85 billion record.

The Bigger Picture

Despite its dominance in digital advertising—where 75% of its revenue originates—Alphabet is pushing hard into AI with its Gemini chatbot. However, like Meta, it’s committing to aggressive spending in 2025, a move that investors are scrutinizing amid uncertain returns.

With cloud growth slowing and capital expenditures rising, Alphabet’s ability to balance AI ambitions with profitability will be key to its stock’s performance in the months ahead.

Wizz Air Reopens Fixed Price Flight Subscription In Cyprus

Overview Of The New Subscription Model

Low-cost airline Wizz Air has reintroduced its fixed-price flight subscription, Wizz MultiPass, for passengers in Cyprus. The program allows travellers to secure fixed flight prices on international routes to and from Cyprus for one year, regardless of seasonal demand or short-term fare fluctuations.

Subscription Details And Benefits

The subscription targets passengers who travel regularly and plan trips in advance. Members receive one confirmed one-way or return flight each month, provided bookings are made at least five days before departure. Optional services can be added depending on travel preferences. These include Wizz Priority, which provides priority boarding and two cabin bags, plus a 20-kilogram checked bag.

Flexible Booking And Pricing Structure

Subscribers can book their first flight immediately after activating the plan, with travel possible from five days later. The subscription renews automatically on the first day of each month. Passengers who sign up mid-month can still start using the service if at least five days remain in the month. In such cases, the first payment is charged immediately, and the subscription resets on the first day of the following month.

Detailed Fare Breakdown

For one-way travel, the first-month fee is €156, followed by a recurring monthly charge of €57 for the remaining 11 months. Passengers choosing return flights pay an initial fee of €312, with a monthly charge of €114 thereafter. Additional services are available at an extra cost. Wizz Priority costs €33 for one-way flights and €66 for return trips, while a 20-kilogram checked bag costs €42 one way or €84 for return travel.

Strategic Differentiation And Customer Impact

The subscription is designed for passengers in Cyprus who travel frequently on fixed routes and prefer predictable travel costs. Wizz MultiPass differs from the airline’s “Wizz All You Can Fly” program, which allows multiple flights across the airline’s network but requires a £8.64 booking fee per flight and limits bookings to the final 72 hours to three hours before departure, depending on seat availability.

Expert Commentary And Market Trends

Silvia Mosquera Gonzalez, Chief Commercial Officer at Wizz Air, noted that travellers increasingly seek price stability when planning trips, particularly during peak travel periods. She stated that the Wizz MultiPass subscription allows passengers in Cyprus to secure fixed travel costs for an entire year, whether they travel frequently for work or plan several leisure trips. The program reflects broader efforts by airlines to introduce subscription-style products that provide predictable pricing in a market characterized by fluctuating fares.

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