Likes ReceivedGoogle proved the real existence of AI demand with an 82% cloud growth rate, yet demonstrated diseconomies of scale with $205B in CAPEX—when every $1 invested only yields $0.82 in output, the market chose to vote with its feet.
$Alphabet - C(GOOG.US) Q2 earnings beat expectations
The search and cloud computing giant saw its Q2 revenue grow 24% year-over-year
Strong AI demand, capex guidance raised to 195-205 billion
And then it dropped 🤔
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