Alphabet Loses $500 Billion as AI Spending Fears Shake Big Tech

Live Global Market News

Shares of Google’s parent company experienced a decline exceeding 12% on Thursday, marking the most significant drop in its history – a single-day decrease surpassing any recorded during the Covid-19 pandemic or the 2008 financial crisis. The drop erased roughly Read More …

Big Tech’s Spending Surge Captivates Wall Street

Traders

Investors are seeking additional evidence that the substantial investments made by major technology firms in artificial intelligence will yield significant returns. The largest US technology firms are currently engaged in a significant expenditure initiative aimed at gaining a competitive advantage Read More …