Alphabet and Tesla shares dropped after both companies raised AI capex targets sharply, pushing free cash flow negative and alarming investors.

Alphabet and Tesla report Q2 2026 earnings on July 22. Tesla holds 11,509 BTC with unrealized losses, while Alphabet's AI capex hits $180-190B.

(Bloomberg) -- Stocks fell ahead of Alphabet Inc.’s earnings as traders waited for the clearest read yet on whether the vast sums technology hyperscalers are pouring into…

Meta, Microsoft and Amazon brace for scrutiny as spending soars and returns lag