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GOOGLE ALPHABET SPENDING FORECAST
Google's Jeff Dean launches AI startup Discovery LoopAnnouncing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate machi...
Google shakes up AI leadership as DeepMind CEO Demis Hassabis shifts roleGoogle's AI division sees a significant leadership overhaul and key departures. Demis Hassabis moves to chief scientist while Koray Kavukcu...
Why US markets are rising: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD dragMajor Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These c...
What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...
Amazon shares surge 13% as cloud growth eases AI spending fearsAmazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
US stocks: US market ends sharply higher, lifted by soaring MicrosoftWall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...
Meta's AI splurge lays bare its compute conundrumThe Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...
US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worriesWall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging ...
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
US stocks today: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financ...
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...