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Tesla stock closed down 14.52% and Alphabet closed down 6.89%

Tesla stock closed down 14.52% and Alphabet closed down 6.89% after they signaled increased AI spending, amid worries about the mounting costs of the AI boom

Tesla stock closed down 14.52% and Alphabet closed down 6.89%

Shares of Alphabet and Tesla fell on Thursday after both companies signaled increased AI spending, unnerving investors worried …

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Source: CNBC · Opens in new tab