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Alphabet: 3 Key Takeaways for Long-Term Investors

Heavy infrastructure spending is now tied to protecting margins as demand scales, a balancing act that will define returns for years.

  • Alphabet's Q3 2026 revenue grew 25% to $127.6 billion, driven by AI adoption.
  • Google Cloud led revenue growth with 103% increase to $30.7 billion.
  • Capital expenditures for 2026 projected between $195 billion and $205 billion.

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