Alphabet's second-quarter earnings reveal a company split in two: Google Cloud revenue beat Wall Street forecasts by roughly 10% with operating profit exceeding estimates by 26%, while the services se…
Google faces its first cash flow deficit since going public, reporting negative free cash flow of $5.9 billion in the second quarter of 2026 due to heavy AI infrastructure spending. Alphabet, Google's…
Seoul stocks surged 2.42 percent late Thursday morning, with the KOSPI reaching 6,961.92, driven by tech gains after Alphabet's second-quarter earnings beat expectations, including 82 percent on-year …
Asian shares rose 0.8% on Wednesday as regional chipmakers climbed on expectations of benefiting from billions of dollars flowing into artificial intelligence buildout, with South Korea's Kospi adding…
Asian stocks rose on Thursday after US technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the region, with South Korea's Kospi jumping 3% led by Sams…
Shares of Alphabet and Tesla fell after the companies reported massive spending increases in their quarterly earnings reports, testing Wall Street's patience as AI investments overshadow near-term gro…
Alphabet CEO Sundar Pichai said Google prioritizes allocating its tensor processing units (TPUs) to artificial general intelligence (AGI) research over renting them to customers, as the company report…
Alphabet’s Google Cloud unit holds a $514 billion backlog of contracted work not yet recognized as revenue, up from $460 billion in the previous quarter, driven by surging demand for AI-powered cloud …
South Korea's KOSPI opened 2.56% higher Thursday, driven by a tech rally after Alphabet reported better-than-expected Q2 revenue with 82% cloud growth and raised capital expenditure forecasts for AI d…
Google's free cash flow turned negative for the first time as a public company, hitting -$5.9 billion in Q2 2026 due to record AI spending, with parent Alphabet CFO Anat Ashkenazi warning that free ca…
CNBC Technology reports that despite an imperfect quarter and increased AI spending, the firm is maintaining its position in Alphabet, citing long-term confidence in the company's AI investments and m…
Alphabet reported an 82% year-over-year surge in Google Cloud revenue to $24.8 billion in Q2 2026, surpassing analyst expectations of 64% growth, but the company's total revenue of $119.8 billion and …
Alphabet reported Q2 revenue of $119.8 billion, up 24% year over year, as Google Cloud revenue surged 82% to $24.8 billion and the Gemini app reached 950 million monthly active users, closing in on Ch…
Alphabet reported Q2 2026 earnings of $119.8 billion in revenue, up from $96.4 billion a year earlier, as Google Cloud revenue surged 82% to $24.8 billion and net income hit $112 billion. During the e…
Alphabet posted a record $112.1 billion net profit in Q2 2026, a 298% year-over-year surge, driven largely by $99 billion in unrealized and realized gains from its investments in Anthropic and SpaceX.…
Tesla's adjusted earnings fell to US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates, as spending on AI and robot initiatives surged to US$5.8 billion, resulting in the company's …
Alphabet reported $98 billion in other income for Q2 2026, almost entirely from unrealized gains on investments in SpaceX, Anthropic, and Databricks, but buried the windfall in a single vague sentence…
Alphabet reported Q2 2026 revenue of $119.8 billion and net income of $112.1 billion, inflated by a roughly $98 billion gain from equity investments including SpaceX. Google Cloud revenue surged 82% t…
Alphabet reported Google Cloud revenue surged 82% year-over-year to $24.8 billion, driven by enterprise AI adoption, beating analyst expectations of $22.46 billion. The company's overall profit hit $1…
Alphabet reported a 63% year-over-year increase in Google Cloud revenue in Q1 2026, reaching $20 billion, driven by AI adoption. The company also noted an 800% rise in revenue from products built on i…