16:46:09 EDT Thu 23 Jul 2026
Enter Symbol
or Name
USA
CA



Alphabet CDR (CAD Hedged)
Symbol GOOG
Shares Issued 33,550,000
Close 2026-07-22 C$ 54.64
Market Cap C$ 1,833,172,000
Recent Sedar+ Documents

Globe/wire say Alphabet has mixed Q2 messages

2026-07-23 09:15 ET - In the News

The Globe and Mail reports in its Thursday edition that Alphabet on Wednesday posted its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns about continued delays to its flagship artificial-intelligence model were aggravated by a $15-billion increase in capital spending plans for 2026 (all figures U.S.). A Reuters dispatch to The Globe says the search giant now expects to spend between $195-billion and $205-billion in capital expenditures, its finance chief Anat Ashkenazi said on a call with analysts. The company said last quarter that it planned to spend between $180-billion and $190-billion this year. Shares of the company were down about 3 per cent in extended trading. The stock was initially volatile but mostly flat, but dipped after Ms. Ashkenazi announced the capex update. Revenue at Google Cloud rose 82 per cent to $24.8-billion during the quarter ended June, driven by strong demand from AI-hungry enterprises worldwide. Analysts on average expected a 64-per-cent increase. Advertising revenue came in at $81.6-billion compared with estimates of $81.1-billion. Total revenue for the quarter was $119.8-billion, beating the consensus estimate of $116.9-billion.

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