Alphabet has announced plans to increase its capital expenditures for 2026 to as much as $190 billion, with expectations of a 'significant increase' in 2027. This bold move comes as Google reports an impressive 81% jump in profits, largely driven by the booming cloud business.
On a day marked by strong earnings across Big Tech, Alphabet's stock emerged as a standout gainer, reflecting investor confidence in its growth trajectory and strategic investments in technology and infrastructure.