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Wall Street slides after Alphabet revenue miss stirs AI spending worries

Original: Wall Street slides as Alphabet revenue miss revives AI capex jitters

US stock markets fell after Alphabet reported quarterly revenue below expectations, renewing concerns that heavy capital spending on artificial intelligence is not yet paying off for big tech. The miss weighed on other AI-linked stocks and put investors on edge ahead of results from other major technology companies.

Why now: Alphabet's revenue shortfall revived investor anxiety about the returns on massive AI infrastructure spending.

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