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

According to data from MSX.COM, GOOGL shares fell 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 signaled continued massive investment in AI infrastructure, sparking market concerns over "cash burn" and return on investment.