Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend

Both Alphabet and Meta said they expect their capital expenditures to keep growing this year, but investors sent Alphabet's shares up, while Meta's stock slid.

# Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend Both Alphabet and Meta said they expect their capital expenditures to keep growing this year, but investors sent Alphabet's shares up, while Meta's stock slid. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/30/alphabet-meta-stock-ai-capex-spend.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*