Alphabet's Stock Surge Driven by Ad and Cloud Growth, Capex Forecast Raises Eyebrows

Alphabet's recent stock surge is attributed to accelerated growth in its advertising and cloud sectors. Wall Street Journal (Markets) posted on X, highlighting that while these areas have shown significant progress, the company's capital expenditure forecast has left many analysts surprised. The tech giant's investment plans suggest a substantial increase in spending, which could impact its financial outlook. Despite the positive momentum in key business segments, the ambitious capex projections have sparked discussions about the company's future financial strategies and potential market implications.