Alphabet's Increased Capex Spending Sparks Technical Warning for Stock Price
Alphabet (GOOG) experienced a stock price decline following its Q2 earnings report, as increased capital expenditures on AI initiatives raised concerns among investors. The company reported $44.9 billion in capex and revised full-year guidance upward to between $195 billion and $205 billion.
Tickers: $GOOG
Topics: AI Alphabet earnings capex spending Google Cloud growth