ANDREW SKYZ 🏦

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Alphabet's Earnings Miss and AI Cash Burn Spark $500B Market Rout

Alphabet reported Q3 revenue of $127.6B but negative free cash flow of $9.1B amid $51.4B capex. Shares plunged 12–13%, wiping ~$475–500B in market value and triggering a broader tech/Nasdaq selloff over AI monetization and spending concerns.

4 Sources, 9d ago, updated 9d ago

OpenAI reportedly cuts funding target by $10 billion to about $20 billion

OpenAI's valuation target was reportedly lowered from $1.4 trillion to $1.25 trillion amid investor concerns over AI spending.

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36 Sources, 8d ago, updated 8d ago

Featured in

Alphabet's Earnings Miss and AI Cash Burn Spark $500B Market Rout

OpenAI reportedly cuts funding target by $10 billion to about $20 billion

Featured in

Alphabet's Earnings Miss and AI Cash Burn Spark $500B Market Rout

OpenAI reportedly cuts funding target by $10 billion to about $20 billion