AI Business Aug 1, 2026
Meta Drops 10% as Cash Burn Reaches Crisis Levels
Meta shares fell 10% after Q2 2026 earnings revealed the company burned through nearly all its free cash flow in one quarter, driven by massive AI infrastructure spending. The results raised questions about the sustainability of Meta's AI investment strategy.
AI Business Jul 29, 2026
Google's AI Spending Projections Surge to $205 Billion, Rattling Wall Street
Alphabet revealed AI infrastructure spending projections reaching $205 billion, significantly exceeding analyst expectations. The massive expenditure sent Google shares down 6% as investors questioned the return on investment timeline.