Tatton says Alphabet cashflow concerns weigh on US tech stocks

By Public Technologies
  • Markets could struggle until US midterm election uncertainty clears, with investors prioritizing cash flow over AI spending.
  • Alphabet shares fell 13% Thursday as third-quarter 2026 cash outflows reached $9.1 billion, triggering broader US technology selling.
  • Anthropic's IPO, scheduled for mid-November, will test AI investment confidence at a reported $1.5 trillion-$2 trillion valuation despite billion-dollar losses.
  • Markets price in a December US interest rate increase, with potentially two more in 2027 as inflation remains above 2%.
  • Crude oil reached $113 per barrel amid rumors of a post-election Iran strike, threatening renewed pressure on government bond yields.


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