Brent crude topped $100 as Middle East tensions escalated while Alphabet and Tesla sold off on surging AI spending.
Alphabet lost $294B market value, Tesla worst week since Mar 2020: both crushed on AI capex—Alphabet $44.9B Q2 (+100% YoY), Tesla $5.8B FCF negative. Tech managers face market shift: AI capex not a value driver; capital flows to defense/banks; oil >$100 reshapes planning.
Two of America's largest companies reported earnings this week.
Neither was punished for what it sold.
Both were punished for what they spent.
Alphabet Inc.
(NASDAQ:GOOGL) lost $294 billion in market value on Thursday, the largest single-session loss in the company's history.
ASX set to slump as oil surges over $US100, Tesla and Alphabet tumble
AI spending concerns resurface after Alphabet and Tesla report earnings | The National
Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall Street
Stocks Fall as AI Spending Fears Grow, Oil Rises: Markets Wrap
Big Tech's AI Reckoning: This Earnings Week Could Decide The Next Leg Of The Market
US stocks declined with heavy selling in the Nasdaq following Alphabet and Tesla earnings, while oil prices and yields were higher amid the geopolitical backdrop - Newsquawk Daily Asia-Pac Market Open
Oil tops $100 US per barrel, as Tesla and Alphabet drag stocks lower | CBC News
Stocks Fall as AI Spending Worries Grow, Oil Rises: Markets Wrap
Alphabet, Tesla shares fall as AI spending raises investor concerns
Stocks Fall as Alphabet Stokes AI Spending Fears: Markets Wrap
Rising oil prices and sharp drops for two of Wall Street’s most influential companies, Alphabet and Tesla, yanked the US stock…
Shares in Big Tech companies sink as earnings reports from Microsoft and others come into focus
Tesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker…
(Bloomberg) -- Stocks fell as unease over ever-higher artificial intelligence spending outweighed an otherwise strong earnings…
Alphabet and Tesla got punished for spending. Four more of the biggest names report this week.
US President Trump said he was "considering a massive attack greater than anything before" and was close to making a decision.
