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Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall StreetTesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed ...
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...
Global Market: European shares slip as tech stocks drag; ECB policy decision in focusEuropean shares slipped as weak semiconductor earnings and renewed concerns over AI spending weighed on technology stocks. Energy shares ga...
Google Gemini app now has 950 million monthly active users: Sundar PichaiIn a blog post, Pichai said new features such as Daily Brief and the personalised Gemini Spark assistant have fuelled the company's rapid g...
Cloud, AI & Capex: 5 big takeaways from Alphabet's Q2 earningsAlphabet beat Q2 revenue estimates on strong cloud and advertising growth, but higher AI spending and increased capital expenditure guidanc...
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 ...
Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
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...
Global Market: European shares slip as tech stocks decline ahead of Alphabet, Tesla earningsEuropean stocks edged lower on Wednesday as technology shares declined ahead of earnings from Alphabet and Tesla, while investors monitored...
Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
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...
Global Market: European shares edge higher as tech, miners lead gains amid earnings focusEuropean shares saw modest gains on Tuesday, driven by technology and mining sectors. Easing oil prices provided a boost to investor sentim...
Global Markets: Japan's Nikkei rallies after steep decline as focus turns to tech resultsJapan's Nikkei share average advanced on Tuesday after a significant weekly decline. Markets reopened and investors bought bargains followi...
Alphabet Q2 Earnings: Four key things investors should watchAlphabet's Q2 earnings will test whether heavy AI investments are boosting revenue and cloud growth, with investors watching capital spendi...
Global Market: Japan's Nikkei rebounds as bargain buying lifts stocks after sharp weekly selloffJapan's Nikkei share average advanced on Tuesday, recovering from last week's steep slide. Investors bought beaten-down stocks after a mark...
US stocks today: S&P 500 edges down with Iran and earnings season in focusU.S. stocks closed slightly lower as investors balanced Middle East tensions with optimism around upcoming tech earnings. Markets remained ...
Big tech earnings to test AI rally as markets enter crucial weekBig Tech earnings from Alphabet, Tesla and Intel will test the AI rally as investors assess cloud growth, chip demand, capital spending, gu...
US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...
Alphabet, Intel in focus as US earnings season gathers steamCorporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading a...
Wall Street Week Ahead: Alphabet, Intel results in focus for AI trade as US earnings rev upCorporate earnings season is gaining momentum with key tech updates expected soon. Investors anticipate strong profit growth, which has sup...