At that time, shares of Apple (NASDAQ: AAPL) traded more than 8% lower, Meta Platforms (NASDAQ: META) was down more than 6%, and shares of Alphabet (NASDAQ: GOOGL) were off by more than 3%.

Earlier in the day, Alphabet, whose shares were up 7.9 per cent, reiterated that it would spend about $75 billion this year to build out data center capacity, doubling down on its generative AI bet.

LAS VEGAS: Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure ...

The U.S. and Vietnam have launched trade negotiations after President Donald Trump paused the implementation of a 46% tariff on Vietnam’s exports, a move that could bolster the country’s ...

Alphabet aims to boost AI and data center capacity Tariffs may raise data center costs but demand high, executive says Alphabet clients Papa John's, Intuit tout AI benefits Las Vegas, April 9 ...

Shares of the companies, which include AI chip giant Nvidia, Apple, Tesla and Microsoft, were up between 7.8% and 13%, powering a market rally that pushed the Nasdaq up 8%. The group of ...

Alphabet stock fell 22.1% in Q1 2025 following disappointing revenue and uncomfortably generous capital spending plans. Some investors see Alphabet's $75 billion capital expense budget as a threat ...

The company is facing pressure on two fronts—the government and a host of new AI-powered search rivals. It has the capacity to meet both challenges and continue to prosper.

Apple, Nvidia and Meta Platforms alone accounted for more than half of that, losing a combined $653 billion. All three companies saw further losses Friday. San Francisco companies Wells Fargo ...

After Thursday's sell-off, Apple trades at about 28 times forward earnings, Meta is at 21.4 times forward earnings, and Alphabet has sunk below 17 times forward earnings. All of those levels are ...

At that time, shares of Apple (NASDAQ: AAPL) traded more than 8% lower, Meta Platforms (NASDAQ: META) was down more than 6%, and shares of Alphabet (NASDAQ: GOOGL) were off by more than 3%.