AlphaSpace Weekly Recap: Alphabet Flops, Intel Shocks, and Tesla Tanks
Technology companies faced severe market corrections during a frenzied earnings season as ballooning capital expenditures alarmed investors, according to Yahoo Finance AlphaSpace data. Alphabet shares suffered a steep 7.13% decline after executives raised full-year capex guidance to $205 billion, while Intel posted its strongest revenue growth in 15 years following a federal equity investment. Alphabet … Read more