Alphabet Inc. reported Q2 2026 revenue of $119.8 billion, up 24% year-over-year, with Google Cloud surging 82% to approximately $24.8 billion, while IBM reported revenue of roughly $17.2 billion, up j…
S&P 500 firms are on track for a 29% surge in second-quarter earnings per share, among the highest on record, yet the index has stagnated since mid-July as investors penalize big tech for heavy AI spe…
Google's DeepMind is hiring a Research Engineer for its AGI Safety and Alignment Team (ASAT) in San Francisco, Mountain View, or New York, offering a salary of $174,000–$253,000 plus bonus, equity, an…
Nexus Data Centers is in advanced talks to secure $15 billion in financing to build an AI data center campus in Hubbard, Texas, for Anthropic, with Morgan Stanley leading the debt package and Google p…
Reddit Inc. shares plunged as much as 24% to $135.82 on Friday, their steepest intraday drop since the company went public in 2024, after the social media company failed to announce new data licensing…
South Korea's Kospi surged 17.9% on July 31, 2026, its largest single-day gain in history, after Microsoft Corp. reported Q4 FY2026 revenue of $90.01 billion and earnings per share of $4.74, with Azur…
Amazon.com Inc. reported second-quarter earnings of $5.75 per share, crushing the $1.82 forecast, on revenue of $200.61 billion, up 20% year-over-year, driven by surging cloud growth and AI demand. Am…
Alphabet Inc.'s Google DeepMind debuted the Gemini Robotics 2 model series for humanoid robots, featuring an embodied reasoning algorithm called Gemini Robotics ER 2 that enables multiple autonomous m…
Apple Inc. reported a record $11.73 billion in research and development expenses for Q3 2026, a 32% increase from the year-ago quarter, bringing fiscal 2026 R&D spending to $34.04 billion. CEO Tim Coo…
Meta Platforms Inc. shares fell more than 10% to $524.49 after the company issued a third-quarter revenue forecast of $61 billion to $64 billion, below the average analyst estimate of $63.2 billion, a…
The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
Credit Agricole CIB is seeking to sell down about HK$150 million ($19 million) of a HK$1.6 billion loan backing an ESR Group data center in Hong Kong, as the bank has hit its lending cap for data cent…
Alphabet Inc. raised its capital expenditure forecast to as much as $205 billion, up from a prior projection of $190 billion, signaling that AI infrastructure costs are rising faster than expected and…
The Nasdaq 100 Index is on track to enter a correction, falling 1.6% on Tuesday and approaching a 10% drawdown from its peak in just 38 trading days, as investor worries about the payoff from artifici…
Meta Platforms Inc. and BlackRock Inc. will jointly build and operate a $14 billion, 1-gigawatt data center complex in El Paso, Texas, with Meta as the initial sole tenant when it goes online in 2028.…
Safe Superintelligence Inc. (SSI), the AI startup founded by former OpenAI chief scientist Ilya Sutskever, has struck a deal with Nvidia Corp. that gives it access to Nvidia's Vera Rubin graphics proc…
Morgan Stanley strategists led by Michael Wilson said US companies integrating artificial intelligence are poised for stronger profit margins this earnings season, with about 100 basis points of net-m…
Meta Platforms Inc.'s Facebook and Instagram have served thousands of ads for AI 'nudify' apps in breach of company policies, delivered by Chinese advertising partner GatherOne Inc., according to a re…
Alphabet Inc. shares plunged more than 7% on Thursday after the company raised its 2026 capital expenditures to as much as $205 billion and reported negative free cash flow for the first time since it…
Google parent Alphabet Inc. reported Q2 2026 earnings that showed a 35% surge in capital expenditures to $13.2 billion, driven by heavy investment in AI infrastructure, sparking investor concerns abou…