WS #16548
Alphabet shares have plummeted 13% to $281.14 as Wall Street begins to price in the margin risks of aggressive AI capital expenditure. UBS lowered its price target to $332, maintaining a Neutral rating, while Morgan Stanley raised Microsoft's target to $650, highlighting a divergence in how the market views AI monetization between the search giant and the cloud leader. This development marks a critical inflection point for the mega-cap tech narrative.
Alphabet AI Spend Selloff
Alphabet shares have plummeted 13% to $281.14 as Wall Street begins to price in the margin risks of aggressive AI capital expenditure. UBS lowered its price target to $332, maintaining a Neutral rating, while Morgan Stanley raised Microsoft's target to $650, highlighting a divergence in how the market views AI monetization between the search giant and the cloud leader. This development marks a critical inflection point for the mega-cap tech narrative.