Alphabet Reports $9.07 Billion Free Cash Flow Burn; Shares Fall 6%
Alphabet reported negative free cash flow of $9.07 billion, versus analysts’ estimates, as it spends heavily to expand cloud capacity. Shares fell more than 6% in extended trading.
Alphabet reported negative free cash flow of $9.07 billion, versus analysts’ estimates, as it spends heavily to expand cloud capacity. Shares fell more than 6% in extended trading.