Alphabet’s $185 billion AI spend plan keeps Google shares on edge into Monday
New York, Feb 7, 2026, 09:34 EST — Market closed.
Alphabet’s Class C shares (GOOG) dropped 2.48% to $323.10 on Friday. The stock continued to slide after Google’s parent company warned of a significant AI-related spending surge. 1
U.S. markets are closed for the weekend, leaving investors to chew on whether Big Tech’s AI spending still looks like just another cost squeeze, or if the growth narrative finally takes over. According to a Reuters review, last week’s trading brought new nerves about 2026 spending plans across the industry. Andrew Wells, chief investment officer at SanJac Alpha, called the AI trade “got too pricey” as traders kept baking years of optimism into valuations. 2
The broader…
