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2026-02-04 23:12:49 UTC

npub1k3…q9t9m on Nostr: Google parent Alphabet says it could double capital spending in 2026 Alphabet said on ...

Google parent Alphabet says it could double capital spending in 2026
https://finance.yahoo.com/news/google-parent-alphabet-forecasts-sharp-210559455.html

Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google parent as it deepens investments to push ahead in the AI race.

Alphabet shares were volatile in after-hours trading - falling 6% before recouping losses, as investors weighed the swell ‌in spending against surging revenue and profit, both of which beat expectations in the December quarter.

https://stacker.news/items/1426653