Google Burned Through $9 Billion in Cash Last Quarter, and Wall Street Shredded Alphabet Stock for It
Alphabet's free cash flow came in at negative $9.1 billion as capital spending hit $51.4 billion, and search missed estimates. Eric Bleeker weighs that against Google Cloud's 103% growth and why the Microsoft playbook could still reward long-term investors.
Eric Bleeker, CFA has been investing for more than 20 years. He began his career working at Microsoft before joining Motley Fool, one of the largest publishers of financial research. In his 15 years at Motley Fool Eric served as the General Manager for Fool.com and led coverage in the Technology & Telecom sector. In addition, he was a featured columnist and has hosted dozens of investing seminars attended by more than a million total investors. Eric has more than 1,000 financial bylines to his name and has been featured in The Wall Street Journal, CNBC, Fox Business, and many other leading publications. He is currently focused on artificial intelligence investing and is a CFA Charterholoder.
