- GOOG raised annual capex by $10B to about $200B for AI projects, turning free cash flow negative for the first time since IPO; shares fell roughly 7% after the update.
- GOOG may face up to $10 billion in private damages in Europe after initial enforcement under the EU Digital Markets Act; this follows an earlier DMA-related loss and ongoing EU penalties.
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Key facts: NASDAQ:GOOG capex to ~$200B; FCF negative, $10B DMA risk
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GOOG raised annual capex by $10B to about $200B for AI projects, turning free cash flow negative for the first time since IPO; shares fell roughly 7% after the update.GOOG may face