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NASDAQ:GOOGL 5 February 2026

Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Wall Street dipped again Thursday, dragged down by tech stocks as worries resurfaced over the costs tied to AI development, with Alphabet and Qualcomm leading the declines. At 9:41 a.m. ET, the Dow was off 0.56%, the S&P 500 had fallen 0.51%, and the Nasdaq slipped 0.50%. Alphabet dropped 2.6%, while Qualcomm plunged about 8%. Melissa Brown from SimCorp called the AI trade “perhaps the extinguisher this year.”
Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

U.S. stocks dropped Thursday as Alphabet’s announcement of a steep rise in capital spending sparked fresh concerns over when AI-driven growth will start turning a profit. By 9:41 a.m. ET, the Dow had slipped 0.56%, the S&P 500 lost 0.51%, and the Nasdaq was down 0.50%. Alphabet’s shares tumbled 2.6%. “The AI trade … is perhaps the extinguisher this year,” said Melissa Brown, managing director of investment decision research at SimCorp. https://www.reuters.com/business/sp-nasdaq-futures-subdued-markets-digest-alphabets-ai-spending-plans-2026-02-05/
US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

U.S. stock index futures were largely flat early Thursday as traders waited for weekly jobless claims and a delayed report on job openings, and weighed Alphabet's new AI spending plan ahead of Amazon's results later in the day. By 5:16 a.m. ET, Dow E-minis, futures contracts tied to the index, were down 36 points, or 0.07%, while S&P 500 E-minis were up 9 points, or 0.13%, and Nasdaq 100 E-minis were up 78.25 points, or 0.31%. Alphabet fell 2.4% in premarket trading after laying out capital expenditure plans that could nearly double this year, while Qualcomm slid 10.4% and Arm dropped 7%; chip names such as Broadcom rose, and “unforgiving scrutiny over AI capex continues to spook investors,” said Thomas Monteiro, senior analyst at Investing.com.
Google’s $185B AI spending plan jolts tech stocks as AMD plunges

Google’s $185B AI spending plan jolts tech stocks as AMD plunges

World stocks dipped Thursday after Alphabet unveiled plans to boost capital spending to as much as $185 billion by 2026. Chipmaker AMD’s 17% drop the day before added to a tech selloff that’s erased nearly $850 billion in market value this month. Craig Inches, head of rates and cash at Royal London Asset Management, described the markets as being at a “delicate stage.” https://www.reuters.com/business/retail-consumer/global-markets-global-markets-2026-02-05/
Google’s $185B AI spending shock rattles stocks as Nasdaq slide spreads to Asia

Google’s $185B AI spending shock rattles stocks as Nasdaq slide spreads to Asia

Asian stocks slipped Thursday after Alphabet, Google's parent company, announced a steep rise in capital spending — targeting long-term assets like data centres and chips. The move intensified the tech sell-off that has already weighed on Wall Street this week. MSCI’s broad Asia-Pacific index excluding Japan dropped 1.8%, while South Korea’s KOSPI plunged 3.9% as investors fled tech-heavy markets. https://www.reuters.com/business/retail-consumer/global-markets-global-markets-2026-02-05/
Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slipped below $71,000 in Asian hours on Thursday as a renewed slide in global technology stocks bled into crypto markets, cutting short hopes that last week’s violent swings were settling down. The world’s largest token fell as much as 7.5% over the past 24 hours and touched lows near $70,700 before paring some losses, CoinDesk data showed. https://news.futunn.com/post/68459830/bitcoin-slips-below-71000-as-ai-driven-tech-rout
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