- Q3 capex $51.4 billion
- Q2 capex $44.9 billion
- Free cash flow negative $9.1 billion
- Missed analyst expectations
Alphabet spent $51.4 billion on capex in Q3, up from $44.9 billion in Q2. Free cash flow was negative $9.1 billion, well below expectations. Shares slid 10% premarket on the AI build-out cost.
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