AI spending: News & Analysis

Alphabet and Tesla Triggered a Nasdaq Selloff With Record AI Spending

Alphabet posted its first-ever negative quarterly free cash flow after spending $44.9 billion on capex, while Tesla's margins disappointed and its AI-related capex surged 142%. Together they dragged the Nasdaq down 2.8% on Thursday.

[July 23, 2026]::READ -->

Alphabet and Tesla Triggered a Nasdaq Selloff With Record AI Spending

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Alphabet Stock Drops 7% After Disclosing $94 Billion SpaceX Stake and Negative Free Cash Flow

[Markets]July 23, 2026

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Alphabet Burns $5.9 Billion in Free Cash Flow as AI Capex Hits $44.9B in a Single Quarter

[Finance]July 23, 2026

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