Alphabet crushed earnings. $96.4 billion revenue. $2.31 EPS. But $22 billion capex for $12 billion growth?
Alphabet’s second quarter numbers came in hot. But the heat didn’t translate. Revenue hit $96.43 billion, up 14% year-over-year. Net income landed at $28.2 billion. EPS printed $2.31, beating the $2.27 estimate. Operating margin held at 32%. On paper, it’s … Read more