Why Alphabet (GOOGL) stock crashed today, Feb 5: what happened to Alphabet shares as the US stock market t
Alphabet (GOOGL) stock plummeted today, February 5th, following a massive $185 billion capital expenditure forecast for 2026, which nearly doubles its previous spending and ignited fears over profitability despite beating revenue estimates. This aggressive "AI-first" pivot, aimed at bolstering AI infrastructure, caused a widespread selloff felt across the US stock market, including the S&P 500, Dow Jones, and Nasdaq Composite, as investors questioned if AI returns could justify such historic costs. The decline also impacted other tech stocks, commodities like silver and gold, and even Bitcoin, reflecting broader market concerns about valuations and future economic growth amidst higher-than-expected jobless claims.
https://m.economictimes.com/news/international/us/why-alphabet-googl-stock-crashed-today-feb-5-what-happened-to-alphabet-shares-as-the-us-stock-market-turned-deep-in-red/articleshow/127942899.cms