3 posts tagged with "Alphabet"
Alphabet announced $175-185 billion in 2026 capital expenditure, nearly double 2025 spending. Stock dropped 5% as investors question Big Tech's AI spending sustainability, despite Google Cloud revenue spiking 48%.
Alphabet, Amazon, and Meta collectively announced over $600 billion in 2026 AI capital expenditure. Stocks dropped across the board as investors question whether returns will ever justify the spending.
Alphabet's Waymo raised $16 billion in the largest autonomous driving funding round ever, more than doubling its valuation to $126 billion. The company plans expansion to 20+ cities including Tokyo and London.