1 week ago
Alphabet (GOOGL) Plunges 7% Despite Strong Earnings as AI Infrastructure Costs Balloon to $205B
Alphabet (GOOGL) fell 7% post-earnings despite beating Q2 forecasts. The culprit? A $205B CapEx increase for AI infrastructure overshadowed strong results.
The post Alphabet (GOOGL) Plunges 7% Despite Strong Earnings as AI Infrastructure Costs Balloon to $205B appeared first on Blockonomi.
Source: Blockonomi →Related News
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