Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Alphabet reported second-quarter earnings on Wednesday, beating revenue expectations despite the company's stock price declining following the announcement. • The stock dip is primarily attributed to investor concerns over a projected increase in capital expenditures (capex) heading into 2026. • This spending surge is driven by the company's aggressive investments in AI infrastructure to remain competitive in the evolving search and cloud markets.
cnbc.com



