Alphabet shelled out $13 billion on capital expenditures in the third quarter, and CFO Anat Ashkenazi says to expect a similar level in the current quarter. The company sees big potential to ...
Alphabet stock is supported by cloud growth, and rising AI investments boost future prospects. Here's what investors need to know.
Alphabet beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that capital ...
Alphabet's capital spending was also on the rise, with the company booking capital expenditures of $17.20 billion in the quarter. That was about 20% higher than $14.3 billion in the fourth quarter, ...
Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the ...
(Reuters) -Alphabet on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion and predicted a further increase next ...
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