Alphabet posted negative free cash flow of $5.9 billion in Q2 — the first time that's happened since the company went public — despite $119.8 billion in revenue (up 24%) and Cloud revenue surging 82% to $24.8 billion. The market's verdict: great quarter, but the AI spending bill is terrifying.
Money Moves
Alphabet stock cratered 7.1% Thursday, wiping out $294 billion in market cap, after raising 2026 capex guidance to as much as **$205...
