wdctll|7月 23, 2026 03:29
Google's capital expenditure guidance for this year is around 200 billion.
For next year, they didn’t specify an amount, just said it will increase.
But the market currently expects their capital expenditure next year to be 300–350 billion.
The problem is their free cash flow has already turned negative.
So where will the extra 100–150 billion come from?
Issuing bonds in the market or issuing more shares?
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