WS #12702
Alphabet's first-ever quarterly cash burn ($5.9B) and raised capex forecast spook investors; Alphabet shares fell 7%, dragging Meta, Amazon, and Tesla. Ongoing: SK Group and Nvidia $750B semiconductor supply deal and $950B cooperation projects remain a high-significance positive for NVDA and AI sector.
Big Tech AI Spending Fears
Alphabet's first-ever quarterly cash burn ($5.9B) and raised capex forecast spook investors; Alphabet shares fell 7%, dragging Meta, Amazon, and Tesla.
Ongoing: SK Group and Nvidia $750B semiconductor supply deal and $950B cooperation projects remain a high-significance positive for NVDA and AI sector.