Alphabet’s $9bn cash burn drags neocloud stocks lower
Investing.com - Alphabet posted negative free cash flow of $9.07 billion in the third quarter, its second consecutive quarter of cash burn, sending GOOGL shares down more than 10% in premarket trading on Thursday and pulling neocloud stocks sharply lower.
Investing.com - Alphabet posted negative free cash flow of $9.07 billion in the third quarter, its second consecutive quarter of cash burn, sending GOOGL shares down more than 10% in premarket trading on Thursday and pulling neocloud stocks sharply lower.
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