Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue

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Google parent Alphabet plans billion capital expenditures this year, misses on cloud revenue

(Reuters) -Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts’ target.

The tech giant’s shares were down 9% in extended…

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https://finance.yahoo.com/news/google-parent-alphabet-misses-quarterly-210818247.html

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