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Alphabet's Q2 Capital Expenditure Doubles to $44.9 Billion
5 day ago /
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Author：小编
Alphabet's capital expenditure doubled in the second quarter, reaching $44.9 billion, primarily aimed at accelerating investments in artificial intelligence infrastructure. Meanwhile, the company raised $49.6 billion through equity issuance to support capital expenditures and other initiatives. During the quarter, Alphabet reported earnings per share of $9.11 and revenue of $119.8 billion, both surpassing market expectations. Operating profit increased by 30%, with an operating profit margin of 34%. The strong performance was mainly driven by a significant 82% increase in revenue from Google Cloud, reaching $24.77 billion.
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