Alphabet reported fourth-quarter earnings that beat analyst estimates, yet missed revenue expectations. The company cited slower growth across its advertising, YouTube, and services businesses than the prior year. The cloud unit achieved 30% year-over-year growth while trying to keep up with Amazon Web Services and Microsoft Azure. Alphabet’s Waymo division announced multiple expansions and plans to scale its self-driving car operations. These include widening its robotaxi coverage in major U.S. cities, launching services in new locations, and preparing for its first international tests in Tokyo. Shares fell 9% in after hours trading on Tuesday.
