AIThe Next Webabout 4 hours ago
Alphabet lifts capex guide to $205bn
1 min read
Alphabet raised its full-year capital-expenditure guidance to $205bn, up from $180bn to $190bn, as quarterly capex doubled to $44.9bn. Google Cloud revenue jumped 82% to $24.8bn, but free cash flow turned negative $5.9bn, the first quarterly outflow in nearly two decades. Shares fell about 5% in extended trading.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyGoogle
Summary by ByteBrief
