Shares of major tech companies like Alphabet and Amazon dropped sharply due to investor concerns about massive AI-related capital expenditures projected for 2026. Alphabet's stock fell 6% amid fears about AI talent loss and a 47% drop in free cash flow, while Amazon's shares declined 4% despite strong AWS growth, as capital spending surged 77%. The market is debating whether the heavy AI investments will pay off soon or pressure profit margins, with some investors seeing the selloff as a short-term reaction in otherwise strong franchises. Upcoming events like Alphabet's potential Gemini Pro release could influence the stock's direction.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Following a five-year antitrust lawsuit by Epic Games, Google will let Android users in the US download third-party apps directly from the Google Play Store starting July 22. This change comes after a court ruling that found Google's Play Store pract...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...
