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Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend
Both Alphabet and Meta said they expect their capex to continue growing this year, but investors sent Alphabet's shares up, while Meta's stock slid.
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bbc.com
Big US tech stocks swing as investors probe AI spending
Meta, Amazon, Alphabet and Microsoft all reported earnings at the same time on Wednesday.
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forbes.com
Earnings Reveal The First Real Winners And Losers Of The AI Arms Race
Alphabet surged while Microsoft and Meta fell as Big Tech earnings revealed a new divide: investors reward AI payoffs, not spending. Here’s how each hyperscaler performed.
