Alphabet Down 8% Despite Cloud Sales Doubling; Spending Outpaces Cash
Alphabet fell 7.79% in after-hours trading as Google Cloud sales more than doubled to $30.7 billion; $51.4 billion capex pushed free cash flow to -$9.1 billion.
1 h ago10 min read
Alphabet fell 7.79% in after-hours trading as Google Cloud sales more than doubled to $30.7 billion; $51.4 billion capex pushed free cash flow to -$9.1 billion.