Alphabet (GOOGL), the parent company of Google, has announced a $75 billion capital expenditure budget for 2025. This reflects a large increase

The search giant said it will spend a staggering $75 billion this year as the AI arms race heats up. Investors may have concerns about whether it will pay off. Shares in Google’s parent company, Alphabet (Nasdaq: GOOG),

Key Takeaways Shares of Google parent Alphabet tumbled Wednesday amid worries about whether the tech giant's spending on AI will pay off. Several analysts lowered their price targets for the stock, citing concerns about the company's weaker-than-expected cloud growth and plans to ramp up spending on AI.

Alphabet was falling on Wednesday as it shocked the market with its heavy spending plan. Wall Street analysts say it can still show a return on investment.