Investors Dump Alphabet Stock After Profit Miss, Ad Slowdown and Eye-Watering AI Spending Spree
Summary
Alphabet shares drop over 10 per cent as profit misses forecasts, ad growth slows and AI-focused capital spending drives the company into negative free cash flow.
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Investors Dump Alphabet Stock After Profit Miss, Ad Slowdown and Eye-Watering AI Spending Spree
Alphabet shares drop over 10 per cent as profit misses forecasts, ad growth slows and AI-focused capital spending drives the company into negative free cash flow.
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