Alphabet Stock Eyes Worst Day in 14 Months on CapEx Spending

Alphabet shares are down 5.4% to $323.32 after the company raised its capital expenditures outlook to expand AI-related investment. The incremental AI capex implies higher spending intensity and potential near-term margin pressure, even as it signals continued commitment to AI buildout.

Analysis

Alphabet shares are down 5.4% to $323.32 after the company raised its capital expenditures outlook to expand AI-related investment. The incremental AI capex implies higher spending intensity and potential near-term margin pressure, even as it signals continued commitment to AI buildout.