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Morgan Stanley gives Google stock investors reason to rethink AI spending
Yahoo2026.06.21Source: Yahoo
Google stock investors were, for the most part, bracing for another AI spending headache. For some context, the tech giant had already bumped its full-year 2026 capex guidance to $180 billion to $190 billion, saying demand for AI compute is “unprecedented.” At the same time, 2027 capex is expected ...