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Alphabet faces investor skepticism after Q2, with negative free cash flow and elevated CapEx guidance overshadowing robust operating results. GOOGL's Cloud revenue surged 82% to $24.8B, with operating ...
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Alphabet stock price jumps as Google parent plans $80 billion fundraising for AI expansion
Alphabet stock price drew investor attention after Google parent Alphabet announced plans to raise as much as $80 billion to support a large expansion of its artificial intelligence infrastructure.
It's hard not to come away impressed by Google Cloud, whose revenue growth is accelerating in remarkable fashion. The segment ended the second quarter with a whopping $514 billion in customer backlogs ...
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