Alphabet and Tesla test Wall Street's patience as AI spending overshadows growth

Shares of Alphabet and Tesla fell after the companies reported massive spending increases in their quarterly earnings reports, testing Wall Street's patience as AI investments overshadow near-term growth.

Alphabet and Tesla test Wall Street's patience as AI spending overshadows growth Source: CNBC Technology https://www.cnbc.com/technology/ Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports. Get AI news in your inbox Daily digest of what matters in AI.