BlackRock has seen weaker-than-usual demand for a US$12.3 billion corporate bond sale tied to a Meta Platforms data centre project in Texas, with final demand reaching US$20 billion, or about 1.6 time…
The tech-heavy Nasdaq fell 0.6% on Friday as investors sold chip stocks on worries about massive AI spending ahead of megacap earnings reports from Microsoft, Amazon.com, Meta and Apple. The Philadelp…
Meta and Microsoft report earnings on July 29 with investors focused on massive capital spending tied to AI infrastructure. Meta lifted its 2026 capex guidance to $125 billion to $145 billion, while M…
Verizon CEO Dan Schulman disclosed a dark fiber agreement worth more than $1 billion with Google on the company's Q2 2026 earnings call today, July 24, and promised additional deals before year-end th…
Technology companies announced 139,156 U.S. job cuts in the first half of 2026, up 83% from 76,214 a year earlier, according to Challenger, Gray and Christmas, even as Amazon, Alphabet, Microsoft and …
Alphabet raised the stakes on AI spending, with capital expenditure trends becoming the top focus ahead of Big Tech earnings, according to CNBC Club portfolio director Jeff Marks. The hyperscaler mega…
Alphabet, Amazon, Microsoft, and Meta plan to spend more than $700 billion on capital expenditures in 2026, with roughly 75% earmarked for AI infrastructure, sparking investor anxiety over returns. Al…
Alphabet reported negative free cash flow of $5.9 billion for Q2 2026, the first time since going public, as Google's AI infrastructure spending outpaced its $119.8 billion in quarterly revenue. The c…
Moody's warns that 'unprecedented' artificial intelligence spending is straining the credit quality of Amazon, Meta, Alphabet and other major corporations, forcing even cash-rich firms to rely on debt…
The long-standing deal between Google and websites—Google indexes content in exchange for traffic—is effectively dead, according to The Vergecast, forcing the web to reckon with the consequences of 'G…
Short interest in the S&P 500 has reached its highest level since S3 Partners began tracking the data in 2010, with 3.7% of the index's free float now tied up in short bets, nearly double the level fr…
Stripe is in talks to acquire AI startup OpenRouter for roughly $10 billion, according to The Wall Street Journal, marking a significant expansion beyond payments for the company. OpenRouter, valued a…
AMD debuted new GPUs, CPUs, and processors for physical AI and robotics this week, challenging Nvidia's dominance in AI infrastructure. U.S. lawmakers proposed a 'kill switch' for rogue AI after OpenA…
Alphabet reported a quarterly profit of $112 billion, four times higher than the same period last year, but $99 billion of that came from investments in other AI-focused companies like SpaceX and Anth…
Alphabet reported Q2 2026 earnings with Google Search & other revenue up 17% year over year to $63.27 billion, a slowdown from 19% growth in Q1. CEO Sundar Pichai pointed to Gemini 4, now in pretraini…
Oil prices have fallen, pressuring bond markets and raising concerns about AI companies' cash flow, according to a Reuters report. The 10-year Treasury yield hit an 18-month high of 4.7135%, while the…
Alphabet booked its most profitable quarter in history with $112 billion in profit, but its shares fell nearly 7% after the company reported negative free cash flow of $5.9 billion for the first time,…
U.S. stocks fell to multi-week lows on Thursday, led by the tech-heavy Nasdaq, due to jitters about the durability of the AI capex spree, as Alphabet reported negative free cash flow for the first tim…
Alphabet's $124 billion stake in Anthropic distorted its Q2 2026 earnings, with net income of $112.11 billion inflated by $98 billion in unrealized gains from equity securities including Anthropic and…
The Magnificent 7 technology stocks suffered their biggest one-day drop since April 2025 on Thursday, losing US$797 billion in market value as AI scepticism and geopolitical tensions weighed on market…