JPMorgan: Google 2027 Capital Spending Could Boom Near $400 Billion

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Google stock tumbled Thursday on parent Alphabet's (GOOGL) second-quarter earnings report, which marked the first quarter of negative free cash flow since the company became public in 2004. A surge in artificial intelligence-driven capital spending drove the change. Wall Street is now focused on how high Google's 2027 capital spending could go, with JPMorgan forecasting that it could approach $400…