Alphabet set to report Q3 earnings as AI spending concerns weigh on shares
AIAlphabet reports third-quarter results after the bell Wednesday, with analysts expecting earnings of $3.02 per share on $128.2 billion in revenue, up 25% from a year earlier. Analysts expect capital expenditure to rise 130% to $55.2 billion and free cash flow to be negative $2.27 billion, according to FactSet and LSEG. Cloud revenue is projected to grow 90% to $28.7 billion.
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CNBC · Technology · cnbc.comPublished · added here
Original title: Alphabet set to report Q3 earnings after the bell as shaky AI trade looks for signs of strength