--- title: "☕️ [Task Coins Giveaway] Daily Market Talk — Alphabet Slides Again as AI Spending Widens" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000850005.md" description: "$Alphabet(GOOGL.US) fell another 3.6% Tuesday, extending its slide as investors weigh a raised 2026 capex guidance of up to $205B and a new $25B debt offering against genuinely strong Q2 numbers, reve..." datetime: "2026-08-12T02:57:46.000Z" locales: - [en](https://longbridge.com/en/topics/100000000850005.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000850005.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000850005.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # ☕️ [Task Coins Giveaway] Daily Market Talk — Alphabet Slides Again as AI Spending Widens $Alphabet(GOOGL.US) fell another 3.6% Tuesday, extending its slide as investors weigh a raised 2026 capex guidance of up to $205B and a new $25B debt offering against genuinely strong Q2 numbers, revenue up 24% and Cloud up 82%, that still came with negative free cash flow. The AI-infrastructure trade wasn't all pain though: $Coreweave(CRWV.US), $Super Micro Computer(SMCI.US) and $Lumentum(LITE.US) all posted blowout beats overnight, and in Singapore $FTSE Straits Times Index(STI.SG) touched a fresh record high after the government raised its 2026 GDP forecast. Let's dig in 👇 **💬 Alphabet's fundamentals are strong, but Wall Street keeps punishing its AI spending: at what point does the market start rewarding capex instead of fearing it?** ## 📊 Quick Recap — What Moved & Why ### 🇺🇸 US — Alphabet Slides Again as AI Spending Widens **🔑 Key Event:** $Alphabet(GOOGL.US) fell **3.6%** Tuesday, extending a slide tied to its AI-division restructuring, raised **2026 capex guidance of $195-205B**, and a new $25B debt offering, even though Q2 revenue rose 24% to $119.8B and Google Cloud jumped 82% to $24.8B. The market's read: strong growth doesn't matter much if free cash flow keeps turning negative to fund it. $Dow Jones Industrial Average(.DJI.US) fell **0.34%** to 53,791.85, $S&P 500(.SPX.US) slipped **0.32%** to 7,728.20, and $NASDAQ Composite Index(.IXIC.US) fell **0.60%** to 26,445.45. > @Newbee2025 : Despite the negative free cash flow and the AI-capex scare, this is still a good entry point on Google, it's just a matter of time before it re-rates and runs like Microsoft did. #### **👀 Other to Watch** - $Coreweave(CRWV.US) → Q2 revenue more than doubled to **$2.58B**, beating estimates, with backlog hitting **$104B**, a figure that alone excludes a further $25B-plus of new commitments signed since. The company also raised full-year 2026 guidance to **$12.4-13.2B** in revenue and $960M-$1.15B in adjusted operating income; shares surged **8-14%** after hours. > @Shyon : After this AI rally, a headline beat won't be enough for names like CoreWeave, the market will be watching orders, customer demand, capacity and forward guidance, and only the names that genuinely clear that bar will hold up. - $Super Micro Computer(SMCI.US) → revenue jumped 93% year-on-year, with FY2027 revenue guidance raised to up to **$72B**; shares rose about **7%** after hours. - $Lumentum(LITE.US) → posted record quarterly revenue and said high-power laser demand "far exceeds capacity"; next-quarter guidance beat estimates. - $Intel(INTC.US) → priced its upsized **$20B** stock offering at $95/share, drawing roughly $100B in orders, about 5x oversubscribed. - $KKR(KKR.US) and $Apollo Global(APO.US) → both rallied **5-6%** as investors kept digesting Monday's news that $NVIDIA(NVDA.US) signed non-binding deals with six firms, including KKR and Apollo, to raise **over $500B** for AI-infrastructure financing. ### 🇸🇬 Singapore — STI Hits a Record as GDP Forecast Gets Upgraded **🔑 Key Event:** Singapore's Ministry of Trade and Industry raised its 2026 GDP growth forecast to **4.5%-5.5%**, up from 2.0%-4.0%, on Tuesday, after the economy grew 6.1% in the first half, driven by accelerating AI-related capital expenditure lifting the electronics and precision-engineering clusters. $FTSE Straits Times Index(STI.SG) touched a fresh intraday record of **5,774.21** before closing up **0.98%** at 5,754.17, with $DBS(D05.SG) and $OCBC Bank(O39.SG) leading the gains on hopes stronger growth will support loan demand and wealth fees. The index pulled back modestly Wednesday morning, down about **0.3%** to around 5,737, tracking a soft Wall Street close. > @CP : Weak US jobs data giving the Fed room to cut is bullish for the S&P 500, and that same dynamic is driving capital rotation into stable, high-dividend markets like Singapore's STI, with DBS as the proxy trade. #### **👀 Other to Watch** - $SGX(S68.SG) → FY2026 net revenue rose **13.9%** and adjusted net profit rose **24.6%**, with the dividend raised 52% to S$0.57; CEO Loh Boon Chye said the exchange is exploring a broader ETF lineup, including single-stock and leveraged products. ### 🇭🇰 HK/China — Hang Seng Falls as Chinese ADRs Slide **🔑 Key Event:** $Hang Seng Index(00HSI.HK) fell **1.10%** Tuesday to **25,652.82**, with $Hang Seng China Enterprises Index(HSCEI.HK) down **1.09%** and $Hang Seng TECH Index(STECH.HK) down **1.93%**. $BABA-W(09988.HK) extended the weakness into Wednesday morning, opening down **1.6%** and sliding toward roughly **3%** by late morning as it caught up with a **3.26%** overnight drop in its US-listed ADR ($Alibaba(BABA.US)), while $Tencent Music(TME.US) sank nearly **10%** despite beating Q2 estimates, as investors focused on decelerating sequential revenue growth. #### **👀 Other to Watch** - **Alibaba Cloud** → said its new modular data-center design cuts build times to about 100 days and costs by roughly 10%, part of a plan to more than double global capacity. ### 🌍 Other - 🌍 Oil stayed elevated, with Brent near $88-89 and WTI near $82-83, after a Houthi missile attack on a cargo ship in the Red Sea killed several crew, adding to ongoing Strait of Hormuz tension. - 🇰🇷 Korean brokerages slashed price targets on Samsung and SK Hynix by as much as a third, on fears the memory-chip cycle has peaked. - 🇺🇸 Chicago Fed President Austan Goolsbee said, in a video published Tuesday but recorded weeks earlier, that inflation, not jobs, is "the biggest problem" facing the economy. - 🇺🇸 The SEC settled fraud charges against fund manager Adit Ventures over how it resold pre-IPO shares of SpaceX and Klarna to investors, not an allegation against SpaceX itself. ## 📅 Key Events Tonight / This Week | **When (SGT)** | **What** | | --------------------- | ----------------------------------------------------------------------------------------------------------------------- | | **Today, Wed 12 Aug** | 🇺🇸 US July CPI, 8:30pm SGT tonight 🇭🇰 $TENCENT(00700.HK) → H1 2026 results, after HK close tonight | | **Early Thu 13 Aug** | 🇺🇸 Google's Pixel 11 launch event, ~6am SGT 🇺🇸 $Coherent Corp.(COHR.US), $Cerebras(CBRS.US) → earnings, land ~4am SGT | | **Thu 13 Aug** | 🇺🇸 US July PPI, 8:30pm SGT 🇺🇸 $Sandisk(SNDK.US) investor day 🇭🇰 $JD-SW(09618.HK), $SMIC(00981.HK) → results | | **Fri 14 Aug** | 🇺🇸 Berkshire Hathaway Q2 13F filing deadline | 👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates · ⏰ Deadline: Aug 12, 2026, 11:59 PM SGT Not investment advice, just market talk 🙏 ### Related Stocks - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [STI.SG](https://longbridge.com/en/quote/STI.SG.md) - [LITE.US](https://longbridge.com/en/quote/LITE.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOGN.US](https://longbridge.com/en/quote/GOOGN.US.md) - [GOOGM.US](https://longbridge.com/en/quote/GOOGM.US.md) - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [DOW.US](https://longbridge.com/en/quote/DOW.US.md) ## Comments (31) - **NewUser_oPJWOU · 2026-08-12T14:35:53.000Z**: Alphabet is at the centre of the news once more - for another round of debt offering that could potentially dilute shareholders. Google initially recovered strongly post earnings as the stock climbed back strongly with buyers stepping in to support the momentum, but now is sliding back to low 300s w - **VelvetLuna** (2026-08-13T05:48:01.000Z): its bonds, not equity, so no dilution. the negative $5.9b free cash flow is the scarier line. - **Newbee2025 · 2026-08-12T14:04:02.000Z**: I just chased it aggressively at $343 at a small quantity. wouldn't sell a good long-term position simply because it has risen. For new money, I’d prefer buying in 2–3 tranches, with a more attractive accumulation zone around $315–330, and I'd become considerably more interested below $300. - **NewUser_zS0M8w · 2026-08-12T13:51:06.000Z**: Stocks held on to gains after CPI came in as expected, though oil prices edged higher after a senior Iranian official commented that there were no discussions with US on extending a ceasefire. With in line expectations of CPI, FED is now more likely to continue to hold steady as there is barely any - **Fattycat · 2026-08-12T13:00:02.000Z**: Gold is idiotic 🤭 - **TheCollector · 2026-08-12T09:44:24.000Z**: While price targets are being cut, the South Korean chipmakers rebounded after July’s rout, with Samsung and SK Hynix surging over 8% on Temasek investment reports, shareholder-return expectations, and foreign fund inflows boosting Kospi sentiment and valuations. - **Rainwijaya · 2026-08-12T09:41:19.000Z**: If CPI is good then all the tech sector will rebound if not.. prepare for the red day 😖😖 - **Dacai · 2026-08-12T08:36:04.000Z**: STI set a new record mainly due to DBS, OCBC and SGX hitting all time high on the back of strong earnings report and same/higher dividends. It is a very exciting time for me as they have quite a heavy weightage in my portfolio. - **LazyCat · 2026-08-12T08:32:09.000Z**: South Korean brokers cutting price targets for Samsung and SK Hynix on fears of cycle top is really amusing. It's like a coordinated playbook activated with a flip switch to cool the market frenzy. - **koolgal · 2026-08-12T06:59:51.000Z**: 🌟🌟🌟$Alphabet - C(GOOG.US)has just suffered a brutal double digit haircut, tumbling 20% below its recent all time high of USD 404 to USD 343. The financial talking heads are treating the world's undisputed king of information like a failing tech startup. They are panicking but I am buying.This drop - **Helen72 · 2026-08-12T06:49:36.000Z**: The sharp escalation of geopolitical tensions in the Middle East has led to soaring oil prices and renewed inflation concerns, while heightened risk aversion among foreign capital has tightened liquidity in Hong Kong stocks. These are the main drivers behind the volatile decline of the Hang Seng Ind - **NewUser_Unm6i · 2026-08-12T06:43:47.000Z**: Alphabet’s shares lower and hope @TheRaccoonAnalysis is right though it is right also for @NewUser_ThinkSwim to mention to trade systematically. Coreweave’s revenue doubled. But good to know the net profit. Though hours later, its shares surged 8 to 14%. There are shares rose for Super Micro Compute - **dingdongbell · 2026-08-12T05:48:33.000Z**: I believe the markets wants to see the CPI numbers first before deciding where it wants to go. If the numbers show inflation tapering, it will be good for the markets. - **Heroic Lifesaver · 2026-08-12T05:39:43.000Z**: This market is too tricky to guess which way it wants to go. And many times I have mentioned that narratives are secondary to price action. Having said that, the market might be waiting for the CPI numbers looking at how lacklustre it has been lately. - **Fattycat · 2026-08-12T05:29:25.000Z**: Hang Seng index is down now. I guess Investors are locking in gains ahead of Tencent’s earnings 😉 - **Shyon · 2026-08-12T05:01:05.000Z**: I see Alphabet’s pullback as more about AI spending concerns than weak fundamentals. Q2 revenue grew 24% and Cloud jumped 82%, but with 2026 CapEx potentially reaching $205B, investors want clearer proof that these investments will translate into stronger cash flow and returns.Meanwhile, CRWV, SMCI - **Valenxis · 2026-08-12T04:57:52.000Z**: maybe small correction coming soon as approaching US mid term. hopefully theres a chance to buy the dip for those who wish to. just dont panic sell. - **Fattycat · 2026-08-12T04:57:13.000Z · 👍 2**: Tencent quarter result out today . Very important for hang Seng tech stocks. If the result is below expectations, HS tech going to be very “RED” tomorrow. Pray for the best.Other the other hand, I am surprised to see South Korea analysts sudden change price target on memory chip stock. Don’t they f - **NewUser_hbAyD7 · 2026-08-12T04:32:35.000Z · 👍 1**: In the past two years, the growth of the Singapore stock market and the Straits Times Index has become a standout performer in global equity markets. The pragmatic approach of Singapore-listed companies, along with their relatively low volatility compared to other securities markets, serves as a cru - **Fattycat** (2026-08-12T05:01:10.000Z): DBS analysts project the STI could reach 10,000 by 2040😉 so there is no need to worry😁 - **NewUser_CkrdqW · 2026-08-12T04:26:19.000Z · 👍 1**: Singapore's Ministry of Trade and Industry raised our 2026 GDP forecast massively after a rapid growing economy in the first half of the year, particularly driven by AI-related capital expenditure lifting the electronics and precision engineering clusters. As a huge exporter of time sensitive and hi - **Fattycat** (2026-08-12T05:02:02.000Z): Yes. I saw the news. Very encouraging. Cheers and let’s go 🦁.🚀🚀 - **Victor y · 2026-08-12T04:20:41.000Z · 👍 1**: AI demand remains strong, but markets are becoming more selective as rising capex, valuations and cash-flow concerns shape the next phase of the AI trade.SG upgraded GDP outlook keeps the market environment supportive, particularly for banks and companies linked to AI, infrastructure and manufacturi --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**