Big Tech Stocks
Alphabet shares fall 10% as free cash flow turns negative
The company burned $9.07 billion in the third quarter as capital spending on AI outran cash from operations.
The company burned $9.07 billion in the third quarter as capital spending on AI outran cash from operations.
A surging AI rally and record Google Cloud growth are pushing Alphabet within reach of Nvidia at the top of the global market-cap ranking — but the...