Soaring capital expenditures! Google plunges 7.5% after hours, sparking half an hour of panic

Gelonghui, February 5th｜Alphabet, Google's parent company, disclosed its Q4 earnings last year. It is expected that capital expenditures in 2026 will reach $175 billion to $185 billion, aiming to seize the growth opportunities driven by AI investment and infrastructure, an increase of 91%-102% compared to 2025. Alphabet's revenue reached $113.828 billion, up 18% year-on-year, surpassing the expected $111.43 billion. Net profit was $34.455 billion, with earnings per share of $2.82, up 31%, exceeding the expected $2.63.