🔴 GOOGL is trading 2.5% down today as heavy AI spending weighs on margin outlook

GOOGL is trading 2.5% down at $336.80 as investors reassess rich AI-driven valuations and Alphabet’s heavy infrastructure spending.

• Recent commentary highlights concerns that rising AI capital expenditures (capex) may pressure long-term margins and investment returns.
• The stock has been sliding since its mid-May peak, reflecting ongoing pressure on megacap tech despite a generally supportive broader market backdrop.