Jim Cramer Says “Google Spent to Defeat Bing and All Other Comers, I Think It’s Doing It Again.”
Group 1 - Alphabet Inc. reported a "stunning quarter" with their Gemini 3 platform achieving 750 million monthly average users [1] - The company is projected to spend between $175 billion to $185 billion on capital goods, significantly higher than Wall Street's expectation of $115 billion [1] - The investment in Gemini is seen as crucial for maintaining competitiveness in the AI sector, particularly against rivals like Bing [1] Group 2 - Alphabet provides a range of tech-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms like YouTube and Google Play [3]