Amazon, Meta and Microsoft face skeptical investors this week after Google report sparked sell-off

Alphabet revealed plans to increase its 2026 capital expenditure forecast alongside second-quarter earnings released on Wednesday, prompting a 7% decline in its stock price on Thursday. The announcement reflected the company’s efforts to expand data center capacity for artificial intelligence operations. Shares of Amazon, Meta, and Microsoft also fell in the aftermath, signaling broader investor concern about the spending patterns of major technology infrastructure providers.
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