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Alphabet's Google Cloud Soars 82% YoY, Fuels Bold AI Capex Bet

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Google Cloud revenue surged 82% YoY to $24.8B with margins expanding to 35.5%, driven by AI, TPU chips, and Gemini integration.
  • Alphabet raised 2026 capex guidance to $195-205B, justified by demand exceeding supply.
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GOOGL price history

344.98 +8.10% over the displayed period

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