Alphabet Falls as $205 Billion Spending Plan Fuels AI Cost Fear
Alphabet Inc. raised its capital spending forecast to a range of $195 billion to $205 billion this year, up from a previous forecast of $190
Alphabet Inc. raised its capital spending forecast to a range of $195 billion to $205 billion this year, up from a previous forecast of $190 billion. The company's quarterly cash flow was negative for the first time since going public, with negative free cash flow of $5.9 billion in the period, and its cloud revenue totaled $24.77 billion, up 82% from a year earlier. Bloomberg's Mandeep Singh joins to discuss. Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE Subscribe to our Podcasts Bloomberg Daybreak Bloomberg Surveillance Bloomberg Intelligence Balance of Power Bloomberg Businessweek Listen on Apple CarPlay and Android Auto with the Bloomberg Business app Apple CarPlay Android Auto Visit our YouTube channels Bloomberg Podcasts Bloomberg Television Bloomberg Originals Quicktake
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