AISiliconANGLEabout 1 hour ago
Alphabet stock sinks on higher AI spending
1 min read
Alphabet reported Q2 revenue of $119.8 billion, beating estimates, but earnings of $2.85 per share missed the $2.89 forecast. The company raised its 2024 capex forecast to $195-$205 billion, up from $180-$190 billion. Stock fell over 2% in extended trading.
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