Google Shares Slide as AI Spending Overshadows Cloud Growth

Google's Red-Hot Cloud Growth Drives Second-Quarter Revenue Gains

Google Shares Slide as AI Spending Overshadows Cloud Growth

The market reaction to the results of Google’s parent Alphabet and Elon Musk’s Tesla suggests that investors are becoming increasingly wary of the tech giants’ ballooning spending…

Google's AI Spending Spree Has Investors Nervous

(Bloomberg) -- Stocks fell as unease over ever-higher artificial intelligence investment outweighed an otherwise strong earnings report from Alphabet Inc.

Alphabet and Tesla both beat revenue expectations, yet their shares fell in after-hours trading due to heavy spending on AI infrastructure.

Tesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed earnings and rising AI spending. The…