GOOGL ▼ -10.1% - Alphabet Inc. $GOOGL Alphabet: CFO Warns of Near-Term Margin Pressure From Third-Party AI Compute Capacity, Expects Significant CapEx Increase in 2027 ? • Capacity Constraints: Google began using third-party compute capacity at the end of Q3 and plans to ramp usage in Q4. • Margins: CFO expects near-term margin headwinds from reliance on external compute capacity. • CapEx: Capital expenditures expected to increase significantly in 2027. 28-OCT-2026 05:20 PM ET