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GOOGLEarnings2024-10-29
Alphabet's CFO gives an early indication of the direction of capital spending next year, promising details later.
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Anat Ashkenazi · Alphabet Investor Relations · Alphabet 2024 Q3 Earnings Call
“As we think into 2025, we do see an increase coming in 2025. And we will provide more color on that on the Q4 call, likely not the same percent step-up that we saw between '23 and '24 but an additional increase.”
Key terms
- CapEx
- — Capital expenditure: money spent on long-lived assets such as servers and data centres.
- step-up
- — The size of the increase from one year to the next.
Educational summary of a public statement. Not investment advice.