Alphabet Negative Free Cash Flow: What’s Really Happening
Alphabet posted its first negative free cash flow quarter since its 2004 IPO, even as revenue grew 24% and profit beat estimates. Here’s why, and what it signals about the AI spending race.
Insights, Analysis, and Perspective on Wall Street.
Alphabet posted its first negative free cash flow quarter since its 2004 IPO, even as revenue grew 24% and profit beat estimates. Here’s why, and what it signals about the AI spending race.
Equifax beat second-quarter earnings estimates but its stock still fell 7% after weak guidance pointed to a slowdown in mortgage lending. Here’s what it means for borrowers.
3M shares jumped 7% after the industrial giant beat second-quarter earnings estimates and raised its full-year profit guidance. Here’s what happened.
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