AICNBC Techabout 2 hours ago
Alphabet and Tesla test investor patience
1 min read
Alphabet and Tesla reported negative free cash flow in the second quarter and forecast higher capital expenditures, overshadowing better-than-expected revenue. Tesla shares slid 4% and Alphabet dropped over 3% in after-market trading. Alphabet raised its 2027 capex forecast to $195-$205 billion, while Tesla reported $5.79 billion in quarterly capex, up 142%.
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