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CNBC
CNBC
US · 4 hrs ago
78◉ Centre
Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Alphabet is planning to double its capital expenditure to up to $190 billion in 2024 and is seeking investor funding to support this massive expansion programme.

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Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite
Alphabet expects capex to reach up to $190 billion this year, double last year's spending, and the company is turning to investors to help fund its expansion.
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