GOOGL shares fell over 3% in after-hours trading as the company signaled increased AI investment, sparking market concerns

According to MSX.COM data, GOOGL shares dropped over 3% in after-hours trading. Although its Q2 2026 earnings report showed revenue of $119.8 billion (up 24% year-over-year), the company raised its full-year capital expenditure guidance and hinted at continuing to invest heavily in AI infrastructure, fueling market concerns about capital burn and returns.