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The headline of this article says it all: Alphabet (GOOG 1.75%) (GOOGL 1.68%) stock is cheaper than the S&P 500 (^GSPC 2.13%) index. It might seem a bit odd that a dominant tech company would fall ...

It is forecasting a staggering $75 billion in 2025 capex. Despite myriad advantages, Alphabet sports a forward price-to-earnings (P/E) ratio of just 20.4, compared to 28.4 for Meta Platforms.