Alphabet just smashed Q2 revenue with a 24% jump to $119.8 billion, fueled by an 82% surge in Google Cloud—now raking in $24.8 billion and triple the operating income at $8.8 billion. But here’s the twist: despite the stellar numbers, the stock dipped after hours as Alphabet’s AI bet triggered record-breaking spending. Capital expenditures hit $44.9 billion, turning free cash flow negative for the first time ever—$5.8 billion in the quarter alone. With a new $120B+ spending forecast for the second half, negative cash flow looks like a trend. Yet, with $240B in cash reserves and a strategic AI advantage through Gemini, Cloud, and Ads, this heavy investment might be the setup for massive long-term gains.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
