GOOG is trading at $320.28 (-3.92%) as a continued selloff follows guidance for 2026 capital expenditures to reach nearly double 2025 levels.
- Alphabet projected $175-185B in 2026 capex, fueling investor concerns that aggressive AI infrastructure spending will erode profit margins.
- The decline persists despite a Q4 earnings beat featuring $113.8B in revenue and 48% year-over-year growth in Google Cloud.
- This move extends yesterday's -2.16% drop to $333.34, aligning with a broader tech rotation as the Nasdaq falls 0.68%.