Alphabet increases AI spending but gets rewarded for further proof that it's paying off
As of Wednesday's nearly record-high close of around $350, the stock was already up nearly 12% year to date.
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As of Wednesday's nearly record-high close of around $350, the stock was already up nearly 12% year to date.
Alphabet's cloud business is accelerating relative to competitors, analysts say
Alphabet, Amazon, Meta, and Microsoft all beat first-quarter earnings expectations on Wednesday, but investors are poised to closely scrutinize their heavy spending on AI.
Alphabet reported Q1 2026 earnings, which revealed YouTube continues to see a double-digit uptick in ad revenue.
Alphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027