Alphabet investors will be looking for updates on spending, search competition, cloud performance and regulatory news when the Google parent reports earnings Tuesday night. Alphabet is scheduled to report its fourth-quarter financials after the stock market closes on Tuesday.

While analysts traditionally focus on revenue and profitability, this quarter’s results are about more than just numbers.

DeepSeek last week shook markets with its promises of lower-cost, lower-energy artificial intelligence that could go head-to-head with platforms like ChatGPT. And as interest in the China-based AI developer’s chatbot surged,