Alphabet's AI and cloud growth beats expectations, raising capex guidance to $190B for long-term dominance.

Alphabet reported a strong quarter driven by rapid growth in its cloud business and AI services, surpassing expectations. The company raised its full-year capital expenditure guidance to $190 billion, signaling a major investment push aimed at securing generational leadership in AI and cloud computing. This aggressive spending reflects confidence in the profitability and future potential of its AI infrastructure, particularly with demand for Gemini-powered services exceeding forecasts. Investors are considering advanced options strategies to capitalize on Alphabet's momentum and upcoming earnings events.