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Alphabet's Rising Capex Sparks Investor Doubts on AI ROI

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The Story

News Summary

  • D-Wave Quantum shares plunged 24.6% in July amid tech spending skepticism.
  • Alphabet's rising capex ($205B) and negative free cash flow fueled investor doubts about AI/quantum bets paying off, pressuring GOOGL sentiment.
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GOOGL price history

343.90 +7.77% over the displayed period

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