Asa Fitch

Google-parent Alphabet has been on a tear the past year. There are plenty of reasons to believe its stock still has room to run, despite worries about its AI spending.

Plus, Nvidia considers an OpenAI guarantee, and young adults turn to AI to help them talk.

Investors are practically begging AI's big spenders to blink. Who will be first? Markets are making the option of pulling in the reins—or at least keeping capital spending steady—tantalizing.

The company’s all-out splurge is running into higher costs, borrowing constraints and investor pushback.

Meta is anticipating capital expenditures of around $137.5 billion this year—a total that analysts expect to put it into negative free cash flow territory in the latter half of the year for the first time since its IPO in 2012. The company will likely fall deeper in the hole next year, when project

Mark Zuckerberg, chief executive of Meta - David Paul Morris/Bloomberg Meta Platforms might not be the first Big Tech company to rein in AI spending.

Meta Platforms might not be the first Big Tech company to rein in AI spending. But the argument that it should be is growing stronger.

The picks and shovels of the AI boom are still hard at work. Three of tech’s biggest spenders reported earnings recently that suggested they are nowhere near ready to close up their pocketbooks.Alphabet last week and Meta Platforms yesterday raised their capital-spending plans for this year and s

Investors have been fretting over how Big Tech is going to make a return on all its AI spending. Cloud computing increasingly looks like the answer.

Investors are coming around to the idea that Big Tech spending on AI can make sense—as long as there is a cloud-computing business involved.