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Google (GOOGL) Plummets on $185B AI Spending Shock Amid Intense Tech Selloff

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Google's surprise $185 billion AI spending plan triggered a sharp 6% share drop, worsening an ongoing tech selloff.
  • Amid broader market jitters, Amazon earnings and European central bank decisions loom as investors weigh risk amid soaring costs and falling crypto and metals prices.
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GOOGL price history

349.39 +8.30% over the displayed period

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