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Alphabet's Free Cash Flow Is Declining Faster Than Analysts Expected. Is This AI Stock Still a Buy?

Source: fool.com

Corporate EarningsArtificial IntelligenceCompany FundamentalsTechnology & Innovation
Alphabet's Free Cash Flow Is Declining Faster Than Analysts Expected. Is This AI Stock Still a Buy?

Alphabet's free cash flow fell short of Wall Street expectations, reflecting a one-time fine and investment in AI infrastructure. Cloud sales more than doubled in the quarter, as the company targets an AI cloud market estimated at $2 trillion by 2030.

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