Christopher Brown (christbrowny)

Christopher Brown

Holder - staker - maker.

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Shares of major tech companies plunged amid growing concerns over massive AI-related spending. Alphabet’s plan to pour up to $185 billion into AI infrastructure in 2026 - nearly double last year’s outlay - has unnerved investors already questioning the potential return on such heavy investments. AMD shares tumbled 17% after delivering a weak Q1 outlook, with revenue expected to take a steep hit in China due to ongoing U.S. export restrictions. Analysts described the sell-off as “driven by fear rather than fundamentals,” pointing to investors’ conflicting views on how AI spending will ultimately affect the software sector.

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Ethereum rose to $4,780, reaching its highest level since 2021. ETH’s growth was 28% over two weeks thanks to massive ETF inflows and growing institutional demand. Total crypto market cap exceeded $4.18 trillion.

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