Is the capex spending defense, or is the return not there? Settles
Did Alphabet shares close higher on the first full trading day after Alphabet disclosed a 2027 capital-spending budget above its 2026 budget than at the close before the disclosure?
Read the 2027 capital-expenditure figure or range Alphabet gives in the release or on the call, and the Nasdaq close of GOOGL on the first full trading day after it against the close before.
Source: Alphabet investor relations, quarterly earnings release and call
- The return is not there read as destruction
- The spending is defense read as defense
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