The $500 Billion Question: Can Google Cloud's Massive AI Backlog Outrun Its Mind-Boggling CapEx Boom on Oct. 28?

Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction, NASDAQ:GOOG) reports third-quarter results after the close on Wednesday, October 28. Google Cloud's backlog stands at $514 billion, and 2026 CapEx guidance runs $195 billion to $205 billion.