Jim Cramer Says “Google Spent to Defeat Bing and All Other Comers, I Think It’s Doing It Again.”

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer commented on. Cramer noted that the company reported a “stunning quarter,” as he said:

We know some tech companies can transcend the morass. Alphabet, the parent company of Google, reported a stunning quarter this evening with their Gemini 3 platform already racking up an astounding 750 million monthly average users. But any gains could be a little muted there because they are spending about $175 to $185 billion on capital goods. Wall Street was only looking for $115 billion. That’s a big chunk of money. By the way, a lot of that could be headed to Google favorite Broadcom. But it’s a $4 trillion company, I’m not sweating the program. Gemini’s winning the AI race, at least on the consumer side, so I think it’s worth every penny to spend. Remember, Google spent to defeat Bing and all other comers. I think it’s doing it again. It worked.

Photo by Kai Wenzel on Unsplash

Alphabet Inc. (NASDAQ:GOOGL) provides tech-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms like YouTube and Google Play.

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