The European Union fined Google 890 million euros ($1 billion) for violating digital antitrust regulations by using Google Play and its search engine to steer consumers toward its own services, harmin…
Alphabet posted its first cash burn on record, a $5.9 billion outflow in the second quarter of 2026, sending its stock down 5% as AI spending soars. The Google parent's aggressive AI buildout now cons…
Google Cloud revenue hit $24.8 billion in Q2 2026, an 82% year-over-year jump that beat analyst estimates by more than $2 billion, as CEO Thomas Kurian revealed existing customers are spending roughly…
Tesla reported second-quarter net income of $1.11 billion, down from $1.17 billion a year ago, as R&D spending surged 49% to $2.37 billion, while revenue jumped 26% to $28.24 billion, beating Wall Str…
Alphabet reported Q2 2026 revenue of $119.8 billion, but an analyst called the profit growth 'illusory' after $98 billion in unrealized gains from equity stakes in Anthropic and SpaceX masked negative…
Big Tech companies have $1.67 trillion in disclosed future obligations, comprising $821 billion in uncommenced leases and $848 billion in purchase, construction and other commitments, according to a r…
Google announced during its Q2 2026 earnings call that its AI assistant Gemini now has over 950 million monthly active users, tripling from last year and approaching the 1 billion milestone. Alphabet …
Google has released AlphaEvolve, an AI coding agent developed by Google DeepMind, on the Gemini Enterprise Agent Platform. The tool uses large language models to automatically generate and improve alg…
Tesla shares plunged over 13% Thursday morning after the company reported dismal second-quarter results, with gross profits dropping as AI-related capital expenses and R&D costs climbed faster than re…
Alphabet reported negative $5.9 billion free cash flow for Q2 2026, the first time the company has posted negative free cash flow since going public in 2004, as capital expenditures hit $44.9 billion …
US stocks fell Thursday as Alphabet and Tesla shares dropped after both companies reported negative cash flow alongside massive AI investments, according to Northwestern Mutual Wealth Management Compa…
Alphabet posted negative free cash flow of $5.855 billion in Q2 2026 despite a 24% year-on-year revenue increase to roughly $120 billion, driven by $44.9 billion in capital expenditure—nearly double l…
Alphabet raised its full-year capital expenditure guidance to between $195 billion and $205 billion on July 22, 2026, nearly double its 2025 infrastructure spending, as the Google parent accelerates i…
Alphabet's cash burn is raising alarm for Big Tech as AI spending climbs, according to a Reuters report. The company's capital expenditures surged 45% to $32 billion in the second quarter of 2026, dri…
Oracle cut 21,000 jobs, or 13% of its global workforce, and recorded $1.84 billion in severance costs as it redirects capital toward AI infrastructure and data centers, according to the company's SEC …
Alphabet raised its 2026 capital expenditure guidance to $195–$205 billion, up from $180–$190 billion, and reported Q2 revenue of $119.8 billion, up 24% year-over-year. CEO Sundar Pichai confirmed a f…
Alphabet shares fell nearly 5% in premarket trading after the company reported Q2 capex of $44.9 billion and raised full-year capex guidance to $195-$205 billion, with a 'significant' increase expecte…
Alphabet's £1 billion 100-year bond has fallen below 90 pence for the first time since its February 2026 issuance, erasing roughly 10% of principal for investors who bought at face value. The century …
Alphabet's cloud division posted an 80% year-on-year revenue surge, yet its stock fell 3% amid investor concerns over the escalating cost of AI infrastructure and geopolitical shocks. The sell-off coi…
Wall Street futures fell Thursday after Alphabet and Tesla earnings failed to convince investors that massive AI investments will pay off soon, with Alphabet shares sliding 3.9% and Tesla dropping 5.8…