Google-parent Alphabet shares plunged 12 percent on Thursday, their worst day since the internet search giant went public in 2004 (ANDREJ IVANOV) Shares in US tech giants were pummeled on Friday, capping a week of earnings results that raised questions on Wall Street about whether the AI spending bonanza was sustainable. Microsoft, Alphabet and Amazon all reported quarterly results this week, and each signaled it would keep pouring money into data centers and chips even as investors grow impatient for returns.
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