Alphabet rises ahead of quarterly results; capex plans in focus
Alphabet shares rose 1.1% ahead of quarterly results due after Wednesday’s closing bell. Analysts expect revenue of $128.22 billion, up 25%, and adjusted earnings per share of $3.02, compared with $3.10 a year earlier.
1. Earnings expectations
Alphabet shares rose 1.1% ahead of its quarterly results, due after the closing bell Wednesday. Analysts expect revenue of $128.22 billion, up 25%, and adjusted earnings per share of $3.02, versus $3.10 a year earlier.
2. Capex and AI in focus
Investors will focus on AI model progress and capital spending plans. Last quarter, Alphabet raised its full-year capex forecast, overshadowing strong cloud growth and sending shares lower after the report; investors will also watch for updates on the new Genie 4 model after delays with Gemini.
