The paradoxical market reaction stemmed from a single number that overshadowed the earnings triumph: an eye-watering $85 billion capital expenditure commitment for the year. The parent company of Google reported earnings per share of $2.31, crushing analyst estimates of $2.17, while revenue soared to $96.42 billion against expectations of $93.94 billion. This massive commitment dwarfs the capital spending of most Fortune 500 companies and signals the extraordinary costs of remaining competitive in artificial intelligence.
Author: Tega Egwabor
Published at: 2025-07-23 21:26:22
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