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[ARTICLE · art-74254] src=wsj.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↓ negative

Google's AI Spending Spree Has Investors Nervous

Google parent Alphabet Inc. reported Q2 2026 earnings that showed a 35% surge in capital expenditures to $13.2 billion, driven by heavy investment in AI infrastructure, sparking investor concerns about returns. CFO Ruth Porat said the company remains committed to AI spending despite market jitters, as operating income rose 12% to $28.4 billion but missed analyst estimates.

read1 min views1 publishedJul 26, 2026

Article URL:

https://www.wsj.com/tech/ai/alphabet-googl-q2-earnings-report-2026-stock-f6bdd223 Comments URL: https://news.ycombinator.com/item?id=49057589

Points: 1

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