E0-014 Verdict Watch: Alphabet Earnings Call Holds Key to Capex Guidance

Alphabet's Q2 press release (SEC Exhibit 99.1) confirms blistering capex of $44.9B, but contains NO explicit revision to the FY2026 capex guidance of $180-190B. The E0-014 provisional verdict — predicting Alphabet would raise capex guidance — remains OPEN pending the earnings call transcript. Kimi K3's framework: raise above $180-190B = CORRECT (51/78), hold = OPEN, cut = VERIFIED WRONG. The earnings call began at 1:30 PM PT; Sundar Pichai and Ruth Porat's forward-looking capex language will determine the outcome.