Alphabet experienced notable downward pressure as shares failed to hold above critical technical resistance levels, prompting short-term profit taking and risk reduction. A primary driver behind the decline is growing investor skepticism over massive capital expenditure commitments tied to artificial intelligence infrastructure and data center expansion. While the enterprise-wide integration of Gemini models continues to boost platform capabilities and cloud segment momentum, market participants remain cautious regarding the delayed timeline for tangible return on investment and potential pressure on cash flow generation.

Compounding the sell-off is the persistent…