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Tag: Alphabet

AI Spending Fears Hit Big Tech Stocks as Nasdaq Slides

The Nasdaq MarketSite in Times Square, New York (file photo, 2021). Photo: Ajay Suresh via Flickr, CC BY 2.0 (creativecommons.org/licenses/by/2.0)

Alphabet, Intel and Amazon shares fall as investors question huge AI spending and weaker cash flow. The numbers behind the tech sell-off, explained.