Alphabet Inc. (GOOGL) shares fell 4.15% following a jury verdict holding YouTube liable in a social media addiction lawsuit. Amazon.com Inc (AMZN) shares dropped 3.10% amid investor concerns over massive capital expenditures for AI factories and AWS. However, Alphabet's shares surged over 5% after OpenAI discontinued its Sora video generation project, and the company launched the cost-effective Veo 3.1 Lite model, achieving an 11.3% revenue growth.
