US tech shares fall as AI spending worries hit earnings
Intel fell as much as 30% and Reddit 26% after weaker outlooks, while Alphabet had already lost more than $500 billion.
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Stories tagged #alphabet
Google says AI search earns less than web search as growth slows
Alphabet's Q3 EPS of $2.12 missed a $3.02 consensus, and shares fell almost 12 percent after the report.
Google expands AI Mode search ads to international markets
Alphabet reported $127.6 billion in quarterly revenue, while Search ad growth slowed to 12% from 17%.
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What must happen for AI’s trillion-dollar gamble to pay off
Hyperscalers need 2.7x productivity gains by 2030 to justify nearly $1.1 trillion in AI data center spending, or risk bankruptcy and capital misallocation.
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