U.S. Stocks Fall as Alphabet Slide Weighs on AI Optimism
U.S. stocks declined after Alphabet’s revenue shortfall drove one of the largest one-session market-capitalization drops for a single company on record, raising doubts about AI infrastructure returns.
By Rob CurranThe bigger they are, the harder they fall.U.S. stocks declined as a revenue shortfall from Google parent Alphabet caused one of the largest one-session market capitalization drops for a single company on record, feeding doubts about the payoff from artificial-intelligence infrastructur…