Alphabet lost $270 billion in market value in a single session, exposing cracks in Wall Street's AI spending thesis and raising questions for crypto

A single doubt about AI-chip valuations swept four markets in one day, from a ten percent crash in Seoul to barely a ripple in Latin America. Here is why.

Alphabet and Amazon face investor backlash over combined $375B+ in 2026 AI capex plans, with hyperscaler spending on track to reach $725 billion this year.