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2026-07-23 08:41:16

🚨 Shares of Alphabet and Tesla fell in premarket trading after both companies announced higher AI spending.

Alphabet dropped around 4% after raising its 2026 capital expenditure forecast to $195B-$205B, while Tesla fell over 5% after reporting a 142% jump in capex to $5.79B in Q2.
Investors are growing more concerned about the rising cost of the AI race.

TSLA-1.27%

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