Apex

Bridgewater argues that the current surge in artificial intelligence capital expenditure can only be justified if enterprise and consumer adoption of AI scales rapidly enough to generate returns. The hedge fund's analysis adds to the debate over whether massive spending on data centres and chips by tech companies will pay off, or whether it resembles an investment bubble.

Investigators or reporters have identified five additional businesses tied to Apex registered at the same non-operational building, adding to questions about the company's operations. The discovery suggests a pattern of multiple entities sharing a single address, a detail often scrutinized in business or fraud investigations. People are discussing what these links mean for Apex and whether regulators will take further action.

Alphabet shares edged higher in premarket trading as retail traders stepped in to buy following a selloff driven by the company's plans for sharply higher capital spending. The dip-buying suggests individual investors see the capex announcement as a long-term bet on AI infrastructure rather than a reason to sell. The stock's modest premarket gain points to stabilising sentiment after the initial drop.