Alphabet stock sinks after Google parent announces $180 billion spending plan for 2026 in massive AI bet

Alphabet (GOOGL, GOOG) stock fell as much as 5% early Thursday as the tech giant's spending plans blew past forecasts, leaving investors questioning the scale and sustainability of Big Tech's investment plans to win the AI race. In its fourth quarter earnings report, the Google parent company said its 2026 capital expenditures would land in a range of $175 billion-$185 billion, roughly double the $91.4 billion the company invested in 2025. Wall Street analysts had expected the company to spend closer to $ ...