Google's stock cratered after its latest earnings, and Wall Street is blaming it on Alphabet's $25 billion spending spree

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Google's stock cratered after its latest earnings, and Wall Street is blaming it on Alphabet's $25 billion spending spree
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Google analysts said investors may have been shaken by 'lower than anticipated operating profit and much higher levels of capital expenditures.'

 

Maybe because they rig search results

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