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Alphabet Shares Slide 7% as AI Investment Push Drives CapEx Forecast Higher
Finance

Alphabet Shares Slide 7% as AI Investment Push Drives CapEx Forecast Higher

Alphabet’s stock dropped almost 7% after the company raised its 2026 capital spending forecast to $205 billion, overshadowing a record quarter in search and cloud revenue. The heavy investment in AI infrastructure is expected to impact profits over the long term.

July 26, 2026

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