Can we admit search isn't dead?
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ Can we admit search isn't dead?
Search grew 11.7% in Q2, YouTube ads were up 13.1%, and Cloud was up 31.7%.
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Here's the crazy part. Alphabet invested $22.4 BILLION in capex and still had $5.3 billion in free cash flow left.
They're going to bludgeon everyone else in AI with their cash flow. No one else has the scale and will to keep up.
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The cloud compounds and compounds.
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