Microsoft Corp. reported a $678 billion contracted commercial backlog, which it says converts AI demand into recurring subscription revenue, a key advantage over Nvidia Corp. The company closed fiscal…
UBS estimates hyperscaler capital expenditures could reach about $4.1 trillion from 2026 through 2028, more than three times the $1.292 trillion spent in the previous six years, with Amazon, Alphabet,…
A Wall Street Journal analysis found that nine major technology companies, including Microsoft, Amazon, Alphabet, Meta Platforms, Oracle, Nvidia, Broadcom, Advanced Micro Devices, and SpaceX, are carr…
Demis Hassabis, Chair of Google DeepMind and Chief Scientist of Alphabet, said at a WCIT interview that there is a 50% chance of achieving artificial general intelligence (AGI) by 2030, defining AGI a…
Alphabet shares fell 4.03% on 5 August, wiping roughly $186 billion (£138 billion) from market value, after Jeff Dean left Google after 27 years with three senior AI researchers to launch Discovery Lo…
Former IBM CEO Sam Palmisano warns that Big Tech's massive AI infrastructure spending, projected at hundreds of billions annually and potentially $3 trillion in total obligations, is misaligned with f…
Microsoft, Alphabet, and NVIDIA are the three US-listed stocks with the most durable positions in the AI capital cycle, according to 24/7 Wall St.'s monthly buy list. Microsoft's Azure crossed $100 bi…
Alphabet, Amazon, Meta, Microsoft and Oracle have issued about $220 billion of bonds in 2026 through Aug. 10, according to BNP Paribas data cited by Reuters, as they finance an artificial-intelligence…
Khosla Ventures and Radical Ventures co-led an undisclosed initial funding round for Discovery Loop, the AI research startup founded by Jeff Dean and three Google veterans, with participation from Kle…
The AI infrastructure boom is increasingly being financed through debt rather than operating cash flows, according to analysts at JPMorgan, the Bank for International Settlements, and FactSet. JPMorga…
Marvell Technology Inc. stock fell 6% to $235.20 on Friday as investors priced in dilution from a warrant granted to Alphabet Inc.'s Google, which can buy up to 58,970,907 Marvell shares at $206.58, w…
Apple Inc. (NASDAQ: AAPL) trades near $317 as of August 20, 2026, with 24/7 Wall St. setting a price target of $363.69, implying 14.86% upside and a BUY recommendation with 90% confidence. Fiscal Q3 2…
Microsoft Corp. spent $115.948 billion on capital expenditures in fiscal 2026, a 79.62% jump from $64.551 billion a year earlier, while net income rose 31.34% to $133.749 billion and free cash flow fe…
Oracle Corp. (NYSE:ORCL) trades at $142.07, 42% below the Wall Street consensus target of $246.43, after a 39.6% decline over the trailing year driven by negative free cash flow of $23.686 billion and…
Broadcom Inc. (NASDAQ: AVGO) reported Q2 FY2026 AI semiconductor revenue of $10.80 billion, up 143% year-over-year, and guided Q3 AI revenue to $16.0 billion, with a fiscal 2027 target exceeding $100 …
Bloomberg reports that artificial intelligence is delivering the largest capital expenditure-driven boost to GDP in history, with investments from Alphabet, Meta, Microsoft, and Amazon projected to re…
Crypto firms, artificial intelligence companies, and online gambling businesses drove a record $517 million in corporate election spending on 2026 U.S. races, surpassing the $461 million corporations …
Alphabet's robotaxi subsidiary Waymo has developed a custom chip for its self-driving taxis, reducing its reliance on Nvidia and AMD. The chip, manufactured by TSMC on a 5-nanometer process, delivers …
Alphabet-owned Waymo doubled its lobbying spending to $1.2 million in the first half of 2024, up from $600,000 a year earlier, as it seeks to persuade US regulators to clear a path for fully autonomou…
AMD and Intel shares each fell nearly 4% on August 19, 2026, while Nvidia held roughly flat, as rising long-term Treasury yields and dilution concerns weighed on the AI chip trade. The 30-year Treasur…