Google (GOOGL.US) Q2 cloud revenue soared by 82%, but capital expenditures are expected to skyrocket to $205 billion, the first time in history that negative cash flow has scared the market.

Wisdom Finance APP learned that after the close of trading on July 22nd Eastern Time, Google's parent company Alphabet (GOOGL.US) announced its financial report for the second quarter of 2026. Despite the historically strong growth in cloud computing business, the stock price fell nearly 5% in after-hours trading due to the company raising its full-year capital expenditure guidance to a maximum of $205 billion in 2026 and experiencing its first ever negative free cash flow in a single quarter, along with continued delays in the flagship AI model Gemini 3.5 Pro.