Alphabet’s shares dip as investors wait for AI bets to pay off
Google parent’s sales, excluding partner payouts, were US$71.36 billion in Q2 Alphabet shares fell about 3 per cent in premarket trading on Wednesday before New York exchanges opened.Photo by THE CANADIAN PRESS/AP, Seth Wenig Capital spending rose to US$13.2 billion in the second quarter, supporting Google’s AI programs and computing power needs, the company said … Read more