Alphabet’s Future Spending Commitments Soar to $811 Billion

Google reported $811B in contracted future spending commitments at end-June, up nearly $500B from just three months earlier. The sharp increase signals materially stronger forward spending visibility, which is modestly supportive for sentiment around Alphabet’s outlook.

Analysis

Google reported $811B in contracted future spending commitments at end-June, up nearly $500B from just three months earlier. The sharp increase signals materially stronger forward spending visibility, which is modestly supportive for sentiment around Alphabet’s outlook.