Google Has the Muscle to Overpower Spending Worries

Alphabet’s stock rose over 80% in the past year, making it the third most valuable public company behind Nvidia and Apple.

Alphabet raised its 2026 capital spending guidance by $15 billion to around $200 billion, with higher amounts expected for 2027.

Alphabet’s Gemini 3.5 Pro model has been delayed for weeks after initially being expected in June.

Alphabet reported a 24% revenue rise and surging sales in its cloud-computing unit in its quarterly earnings.

Analysts expect $257 billion of capital spending for Alphabet in 2027, which could nearly make its free cash flow negative.