AI Capex Fears Slam Tech as Oil Tops $90 and Yields Spike

Alphabet and Tesla shares tumble on ballooning AI spending and negative free cash flow, the ECB holds rates at 2.25% while flagging a possible September hike, and the 10-year Treasury yield hits its highest level since January 2025 as oil breaks $90 a barrel. In this episode: • Tech stocks tumble as S&P 500 and Nasdaq dive on Alphabet and Tesla earnings, AI capex fears — https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-alphabet-googl-tesla-tsla/ • European Central Bank holds rates steady at 2.25% but keeps door open for September hike on energy price spikes — https://news.google.com/rss/articles/CBMihAFBVV95cUxOQTZFdDhHWEpkcGllSkJSV3JvQWYyaXFWdlFsWjFxNk1WRUdXOW9RelpXbkljbTVoc0ZrRnlnLUpvZklNYkNpYlk1cVNKSFVBTXNzMUZUNEVmUVREWnVseGNJSlpwcGRrcWl0UUlMWmVkNE5oS2NRNmhZNDRCVXhjYV9NQ00?oc=5 • Ten-year Treasury yield surges to highest level since early 2025 as oil prices top $90 — https://www.cnbc.com/2026/07/23/treasury-yields-oil-prices-jobless-claims.html