Google goes cash flow negative for the first time as AI data center buildout increases capex to a staggering $44.9 billion in a single quarter — CFO warns that capex will increase in 2027 as company banks big on TPUs
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The company raised its 2026 spending guidance to as much as $205 billion and quadrupled its inventory to $10 billion.
    • partial_accumen@lemmy.worldEnglish
      102·
      17 hours ago

      There are better targets for the anger for not paying enough taxes:

      Alphabet (Google parent company) earned $132.17 billion in profits in 2025 and paid $26.656 billion in US taxes for an effective tax rate of 20.1%. Sure this could be, and historically was, higher before trump cut the corporate tax rate from 35% in 2017.

      Tesla, on the other hand at the same time in 2025, paid $0 in US taxes in 2025 on profits of $3.794 billion for an effective tax rate of 0%.