Alphabet Raises 2026 AI Capex Guide to $205 Billion, Dragging Tech Stocks and the Nasdaq Down 2.5 Percent
Alphabet raised its full-year 2026 capital expenditure guidance for artificial intelligence infrastructure to a range of $195 billion to $205 billion, significantly above its previous forecast and reflecting an accelerated pace of data center and computing equipment purchases.
The revised outlook pushed shares lower at the open, igniting a broader technology selloff that dragged the Nasdaq Composite down 2.5 percent and triggered the Magnificent Seven group of megacap stocks to post their steepest single-day loss since April 2025.
From the sources (25 posts)
@stocksavvyshay$GOOGL Q2 EARNINGS • Revenue $119.8B vs Est. $116.9B • EPS $9.11 vs. Est. $2.89 • Operating Income $40.8B vs Est. $40.4B • Cloud Revenue $24.8B vs Est. $22.4B • CapEx $44.9B vs Est. $44.2B
@bearlyaiGoogle Cloud is now a $80B run rate business, accounting for ~20% of Alphabet’s total sales (up from 5% of sales in 2020)
@trungtphanRT @bearlyai: Google Cloud is now a $80B run rate business, accounting for ~20% of Alphabet’s total sales (up from 5% of sales in 2020) htt…
@unusual_whalesBREAKING: Google, $GOOGL, earnings: - EPS: $9.1, est: $2.91 - Revenue: $119 billion, est: $116 billion
@wallstengineALPHABET $GOOGL Q2’26 EARNINGS HIGHLIGHTS 🔹 EPS ex disclosed equity-gain impact: ~$2.85 (Est. $2.90) 🔴 🔹 Revenue: $119.80B (Est. $117.02B) 🟢; +24% YoY 🔹 Revenue ex-TAC: $103.62B (Est. $101.07B) 🟢; +27% YoY 🔹 CapEx: $44.92B (Est. $44.1B) 🟡;
@zerohedge*ALPHABET 2Q GAIN ON EQUITY SECURITIES $99.03B
@negligible_cap*ALPHABET: GEMINI APP HAS 950M MAUS Woah
@stockmktnewzGoogle $GOOGL spent $44.9 Billion on CAPEX last quarter above expectations of $44.2B
@firstsquawkALPHABET Q2 2026: REVENUE $119.80B (EST $117.02B); REVENUE EX-TAC $103.62B (EST $101.07B); OPERATING INCOME $40.77B (EST $40.55B); GOOGLE SERVICES $94.54B (EST $94.32B); GOOGLE CLOUD $24.77B (EST $22.46B); GOOGLE ADVERTISING $81.63B (EST $8
@gurgavinGOOGLE JUST REPORTED EARNINGS *2Q REV. $119.80B, EST. $117.02B ( BEAT ✅ ) *2Q GOOGLE AD REV. $81.63B, EST. $81.12B ( BEAT ✅ ) *2Q GOOGLE SERVICES REV. $94.54B, EST. $94.32B ( BEAT ✅ ) *2Q OPER INCOME $40.77B, EST. $40.55B ( BEAT ✅ ) $
@zerohedgeALPHABET 2Q REV. EX-TAC $103.62B, EST. $101.07B ALPHABET 2Q GOOGLE CLOUD REV. $24.77B, EST. $22.46B ALPHABET 2Q GOOGLE AD REV. $81.63B, EST. $81.12B ALPHABET 2Q GOOGLE SEARCH & OTHER REV. $63.27B, EST. $63.28B ALPHABET 2Q CAPEX $44.
@stockmktnewzGOOGLE $GOOGL JUST REPORTED EARNINGS EPS of $9.11 Revenue of $119.8B beating expectations of $113.6B
@financialjuice🔴$GOOGL Alphabet Q2 Earnings Revenue $119.80B, est. $117.02B Revenue ex-TAC $103.62B, est. $101.07B Operating Income $40.77B, est. $40.55B Google Services Revenue $94.54B, est. $94.32B Google Cloud Revenue $24.77B, est. $22.46B Google Adve
@tradfi*ALPHABET 2Q GOOGLE AD REV. $81.63B, EST. $81.12B *ALPHABET 2Q GOOGLE SERVICES REV. $94.54B, EST. $94.32B *ALPHABET 2Q OPER INCOME $40.77B, EST. $40.55B *ALPHABET 2Q REV. $119.80B, EST. $117.02B $GOOGL
@tradfi*ALPHABET 2Q CAPEX $44.92B, EST. $44.15B $GOOGL
@semianalysis_BREAKING: GOOGLE CLOUD GENERATES REVENUE PRIMARILY FROM THE SALE OF TPU SYSTEMS! $GOOG Google Cloud has shifted from being a cloud to a hardware vendor, and this quarter was the first time they said "primarily" with meaningful language cha
@photoncapAI investment in progress
@semianalysis_BREAKING: WE KNOW PRODUCTS IS A PART OF GOOGLE CLOUD AND NOT THE MAJORITY OF REVENUE TPUs got sold in the quarter, services margin is a bit weak, but very very strong print
@firstadopterGoogle raised 2026 capex outlook to $195-205 billion from prior $180-190 billion. Google expects margin pressure from greater use of third parties for cloud capacity (Q3)
@firstadopterGoogle CEO Sundar Pichai was asked about Gemini's frontier model progress problems and its lack of leadership in agentic coding, which was the key pillar of my “Google is Secular Short” call. I think it's fair to say Sundar ABSOLUTELY FLOP
@stocksavvyshay$GOOGL is providing one of the clearest answers yet to whether hyperscalers are building profitable AI businesses or simply spending enormous amounts of money to defend their positions. Google Cloud grew 82% while producing a nearly 36% op
@beth_kindigGoogle $GOOG reported Cloud revenue up 82% YoY in Q2 to $24.8 billion, accelerating 19 points from Q1's 63% growth and 50 points faster than the 32% growth reported in Q2 2025. $AMZN $MSFT
@charliebilelloGoogle Q2 Revenues increased 24% YoY a new record high of $120 billion. Net Income increased 298% YoY to a record $112 billion, of which $98 billion (87%) came from unrealized gains in equity securities (SpaceX, Anthropic). Cloud revenue gr
@thetranscript_$GOOGL Alphabet CFO Anat Ashkenazi: Cloud revenue surged 82% to $24.8B, with underlying growth accelerating even excluding first-time TPU system sales. “Cloud revenues were up 82% to $24.8 billion, driven primarily by GCP, which grew faste
@saxena_puruAlphabet Q2 '26 results (YoY) Revenue: $119.8B (+24.2%) Google Search: $63.3B (+16.8%) Google Cloud: $24.8B (+81.8%) Operating income: $40.8B (+30.4%) Cloud op. income: $8.8B (+211.9%) Google Cloud acceleration is impressive! $GOOG