Alphabet Shares Drop Amid Soaring AI Capex Despite Strong Cloud Growth

Alphabet's shares fell by 6% following a significant increase in capital expenditure guidance, overshadowing an 82% surge in Google Cloud revenue. The move also impacted Meta Platforms and Snap negatively.

By David Moadel Thu, July 23, 2026 at 5:00 PM GMT+3 3 min read · Yahoo Finance · July 23, 2026, 14:00 UTC

Alphabet Shares Drop Amid Soaring AI Capex Despite Strong Cloud Growth

Tickers: $GOOGL $META $SNAP

Topics: AI capital_expenditure cloud_growth earnings_report

Read the full article at Yahoo Finance

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