Alphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027

Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report.Earnings per share: $5.11 Revenue: $109.9 billion vs $107.2 billion expected by analysts polled by LSEGIt is unclear if EPS was comparable to the $2.63 expected by analysts polled by LSEG.Wall Street was also watching several other numbers in the report:Google Cloud: $20.02 billion vs. $18.05 billion estimated, according to StreetAccountYouTube advertising: $9.88 billion vs. $9.99 billion estimated, according to StreetAccount Traffic acquisition costs: $15.22 billion vs.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.