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Alphabet And Tesla's Blowout Capex Plans Are Shifting Investor Perceptions And Valuation Metrics
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Alphabet and Tesla have announced higher-than-expected capital expenditure plans.
The increased capex is shifting investor perceptions and affecting valuation metrics.
Higher interest rates and elevated cost of capital are creating profitability challenges for tech giants.
Investors are focusing more on profitability metrics amid the regime shift.
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Rajeev Chandrasekhar / Jupiter Capital interests historically