As Alphabet burns through cash on AI, it's turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow.

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Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow.
Alphabet's earnings beat and strong cloud growth are helping to justify raised spending projections.
Tony Zhang breaks down this options trade that defines downside risk in GOOGL.

Shares declined Thursday as Google's staggering $185 billion capital-expenditure forecast overshadowed a blowout fourth quarter.
As the Google parent company edges closer to a $4 trillion market capitalization, a new bull cheers AI advantages that can keep the rally going.
As AI spending rises, these two Big Tech names will be best-positioned to deliver a return on investment, according to JPMorgan.
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Cloud results from Alphabet, Amazon and Microsoft should show benefits from the explosive rise of AI agents.
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