Alphabet pops, Meta tanks as each company raises capex spend

CNBC • U.S. • 21 minutes ago

Both Alphabet and Meta said they expect their capex to continue growing this year, but investors sent Alphabet's shares up, while Meta's stock slid.

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Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend

Both Alphabet and Meta said they expect their capex to continue growing this year, but investors sent Alphabet's shares…

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