Dow Jones Top Company Headlines at 7 PM ET: Google Shares Slide as AI Spending Overshadows Cloud Growth | Tesla's ...

AI spending concerns resurface after Alphabet and Tesla report earnings | The National

Alphabet and Tesla raised 2026 capex for AI ($205B and $25B+), causing market sell-off: Alphabet -6.89%, Tesla -14.52%. Four hyperscalers will spend $650B on AI capex (+67% YoY), but Tesla's negative cash flow signals ROI concerns. Manager IT must reassess AI investment timing and expected returns.