Alphabet said it plans about $75 billion in capital expenditures this year. Analysts surveyed by Bloomberg had expected $57.9 billion. Big Tech companies have been increasingly under scrutiny for ...
Google parent Alphabet (GOOGL) said it plans to invest $75 billion in capital expenditures this year, as it joins Big Tech rivals in accelerating spending on artificial intelligence infrastructure.
One thing analysts called out in their first-look notes on Alphabet's results was that the company's $75 billion capital-expense forecast came in higher than what many were modeling. The target ...
Alphabet has seen 'one of the more negative reactions to earnings reports this earnings season,' says Bespoke Investment Group Big Tech stocks were under pressure on Wednesday, as shares of U.S ...
Big Tech stocks were under pressure Wednesday, as shares of U.S. stock market giants, including Google parent Alphabet Inc., struggled in the wake of their recently reported earnings results.
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The bigger picture: Technology shift reshapes global landscape. With Alphabet, Microsoft, and Meta going all in on AI, the tech world is seeing a big shift. Global markets are watching how these AI ...