By Bradford Betz
Publication Date: 2026-02-05 19:35:00
‘The Big Money Show’ discusses the dump in software and data stocks after new AI tools spark disruption fears, destroying $300 billion in market value.
Alphabet executives struck a confident tone on Wednesday’s post-earnings call, signaling that Google’s heavy investments in artificial intelligence are now translating into real revenue growth across the business.
The call was the first since Google released its Gemini 3 model, which has boosted user engagement and helped the company regain momentum in the intensifying AI race.
While executives did not name OpenAI directly, the message to investors was clear: Google’s AI push is no longer just about experimentation – it is delivering returns across search, cloud and enterprise products.
That confidence is underpinning Alphabet’s willingness to dramatically increase spending. Executives said the company is considering capital expenditures of between $175 billion and $185 billion in 2026 to expand AI computing capacity,…
