Alphabet slides premarket as Google AI costs meet cloud headwinds
Alphabet Inc. Class A comes into July 8 with more of a funding angle than a typical Google headline. Shares are down a bit in early trading, but the bigger question is whether Wall Street wants to keep backing Google’s AI spending as a high-return story, or if it starts treating it more like a cycle weighed down by dilution and debt. Nasdaq is closed for July 3 for Independence Day, with trading back to normal on Wednesday.
