sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago

Tesla falls 10%, Alphabet sinks 5% as AI spending concerns spook investors

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Tesla falls 10%, Alphabet sinks 5% as AI spending concerns spook investors

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago

Tesla, Alphabet lose hundreds of billions in value in post-earnings stock plunge

Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.

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It will result in the end of American hegemony and the rise of China

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