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Alphabet Shares Tumble More Than 10% After Revenue Miss, Cash Burn Worsens

Reuters06:26

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Comment(2)

  • ABC888
    ·07:09
    It looks like Alphabet still needs some time to bottom out. Only then will the share price have room to recover. Right now, it's a falling knife.
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  • neo26000
    ·06:59
    I've said this about a billion times, but apparently it needs saying a billion and one: CAPEX does NOT automatically translate into profits. Spending billions on AI infrastructure is not the same as earning billions from it. But hey, why bother with revenue, margins, cash flow, or return on investment when you can just announce another $100 billion in spending and watch Wall Street applaud? Apparently, the more you spend, the richer you become. Revolutionary economics! 😂
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