Wall Street Ends Lower as Alphabet Revenue Miss Revives AI Capex Jitters
U.S. stocks fell Thursday as investors reassessed big tech’s AI spending after high-profile earnings and inflation data. The Federal Reserve held interest rates steady the day before.
By Stephen Culp and Shashwat ChauhanUS stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and crucial inflation data the day after the Federal Reserve held US interest rates steady.All three major US equity indexes lost gr…