Alphabet shares fall despite strong earnings on AI spending concerns

Alphabet shares dropped 5% on Thursday morning, even after the company posted better-than-expected Q4 results. The sell-off came after the company announced a massive capital expenditure forecast for 2026, ranging between $175 billion and $185 billion, more than double its 2025 spending. On top of that, YouTube ad revenue missed estimates, spooking investors even further. […]