# 1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending > Source: > Published: 2026-07-24 19:41:08+00:00 # 1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending Source: [CNBC Technology](https://www.cnbc.com/technology/)"Capex trends are going to be the number one focus," Club portfolio director Jeff Marks said Friday ahead of next week's Big Tech earnings. Get AI news in your inbox Daily digest of what matters in AI.