Googles parent company, Alphabet, beat Wall Street expectations on Wednesday, and is planning a sharp increase in capital spending in 2026 as it continues to invest deeply in AI infrastructure. Alphabet on Wednesday reported profit of $34.5bn in the recently ended quarter, as revenue from cloud computing soared 48%. The company also forecast spending between $175bn and $185bn this year, a figure much higher than analysts expectations of roughly $115bn. In an earnings call, investors pressed...
