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NewsData16h ago

Alphabet seeks up to $25 billion from its latest bond sale: Bloomberg

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Alphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital spending outlook triggered a significant selloff. Hyperscalers are issuing more bonds to fund costly artificial intelligence investments. Big Tech companies are expected to spend over seven hundred thirty billion dollars this year. Alphabet posted its first negative free cash flow in its second-quarter report.

The source's own excerpt, unedited

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