Alphabet Inc Expects Q4 Headwinds In Hardware Segment; Says Q3 Capex Was $8B With Largest Component In Servers, Data Centers
Portfolio Pulse from Benzinga Newsdesk
Alphabet Inc. has announced that it expects headwinds in its hardware segment for Q4. The company also revealed that its Q3 capital expenditure was $8 billion, with the largest component being servers and data centers.
October 24, 2023 | 9:06 pm
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Alphabet's Q4 outlook for its hardware segment could impact its stock. The company's Q3 capex of $8 billion, mostly spent on servers and data centers, may also influence investor sentiment.
The announcement of expected headwinds in Alphabet's hardware segment for Q4 could negatively impact investor sentiment, potentially leading to a decrease in the company's stock price. The large Q3 capex, primarily spent on servers and data centers, may also influence investor sentiment, as it indicates significant investment in infrastructure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Alphabet's Q4 outlook for its hardware segment could impact its stock. The company's Q3 capex of $8 billion, mostly spent on servers and data centers, may also influence investor sentiment.
The announcement of expected headwinds in Alphabet's hardware segment for Q4 could negatively impact investor sentiment, potentially leading to a decrease in the company's stock price. The large Q3 capex, primarily spent on servers and data centers, may also influence investor sentiment, as it indicates significant investment in infrastructure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100