Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — Wall Street's tolerance for unchecked artificial intelligence spending broke Wednesday evening. In a sharp post-market divergence, Alphabet sank more than 12% after massive infrastructure outlays drove another quarter of negative free cash flow, while Oracle rallied 10.7% as enterprise demand accelerated across its cloud business. The contrast highlights a critical turning point for tech: investors are no longer rewarding open-ended capital expenditures—they are demanding immediate returns on invested capital.
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