Maybe, just maybe, big tech firms need to do a better job of explaining their AI investment strategies. Shares of Google parent Alphabet fell 7% on Thursday after the company disclosed a further increase in capital expenditures this year—money it will spend on new AI chips, servers and data ...

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…

Alphabet shares fell 3% as Pichai defends AI strategy. Odds for Alphabet as second-largest company by market cap on July 31, 2026 at 3.3% YES.