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Alphabet's Earnings Beat Hides a Capex Story That Has Reddit Talking

A deep dive into why GOOGL moved up 27 spots in Reddit rankings on July 30, 2026, as retail investors debate the market's mixed reaction to Alphabet's earnings and massive infrastructure spending.

  1. Alphabet reported Q2 EPS of $9.11 vs. $2.90 expected, but the beat was largely from a $94 billion unrealized gain on its SpaceX stake.

  2. Investor concerns over Alphabet's $195-205 billion 2026 capex and a looming $20 billion annual depreciation charge starting in 2027 are weighing on the stock.

  3. Reddit discussions highlighted the contrast between Alphabet's drop and

    AMZN
    $AMZN's post-earnings surge, with users questioning the market's logic.

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