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…
President Donald Trump threatened new tariffs on European Union products in retaliation for the EU's $1 billion fine of Alphabet Inc.'s Google, announcing a trade investigation under Section 301 of th…
Alphabet Inc. reported a negative free cash flow of approximately $5.9 billion in the second quarter of 2026, its first instance of cash burn, driven by increased investment in AI infrastructure. Desp…
The Magnificent Seven group of megacap tech stocks lost roughly $767 billion in market value on Thursday, its biggest one-day drop since April 2025, as Alphabet Inc. and Tesla Inc. earnings fueled ske…
Alphabet Inc. priced a £1 billion 100-year sterling bond at a spread of +120 basis points over 10-year UK gilts, with a coupon of 6.125%, as investors placed orders totaling approximately $14 billion,…
Alphabet Inc. reported its first-ever negative free cash flow, citing increased capital expenditures related to artificial intelligence. The development has raised concerns about the company's financi…
Blackstone Inc. reported a 26% jump in distributable earnings to $1.97 billion for the second quarter, beating analysts' estimates of $1.66 billion, driven by profits from exits and artificial intelli…
Alphabet Inc. reported second-quarter earnings of $2.85 per share, missing the $2.89 analyst estimate, while revenue jumped 24% to $119.8 billion, beating the $116.93 billion forecast. The company's s…
Alphabet Inc., the parent company of Google, reported profits of nearly $120 billion, driven by investments in artificial intelligence. The New York Times noted that AI investments boosted the company…
Alphabet Inc. reported Q2 earnings of $112.11 billion, or $9.11 per share, beating Wall Street expectations on revenue of $119.8 billion, driven by strong advertising revenue and AI investments. CEO S…
Alphabet Inc. is set to report its second-quarter earnings after market close, with investors focused on the company's artificial intelligence outlook and cloud computing growth. The conference call w…
Reddit Inc. shares fell more than 8% on Wednesday after The Wall Street Journal reported the social media company may not renew its content licensing deal with Alphabet Inc.'s Google, which allows Goo…
Alphabet Inc. faces a critical test with its Q2 2026 earnings report as investors demand evidence that surging AI investments are driving cloud growth, with Google Cloud revenue up 63% year-over-year …
Korean stocks opened sharply higher Wednesday, with the KOSPI up 337.92 points (5.01%) to 7,085.87, driven by a continued rebound in chipmakers. Overnight U.S. chip stocks like Micron and Sandisk rose…