Alphabet Falls 7%, Tesla Drops 14.5% on July 23 as Wall Street Punishes AI Capex
Alphabet and Tesla saw their shares decline sharply on July 23 following earnings reports that disclosed elevated capital expenditure and deteriorating free cash flow. Alphabet shares fell 7.13% to $317.69 despite exceeding revenue expectations, while Tesla dropped 14.52% to $319.69 after
TSLA+2.89%
GateNews·07-24 08:42
