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News 2026-07-23 20:26 UTC

4 Reasons to Buy Alphabet Stock After the CAPEX Shock: Bank of America

Shares of Alphabet Inc. (NASDAQ: GOOGL ) suffered their biggest one-day decline since May 2025 after the company surprised investors with another massive increase in artificial intelligence spending. Wall Street focused on one number: an additional $15 billion in planned capital expenditures for 2026, pushing expected