Alphabet's Google Cloud revenue surged 63% to over $20 billion, driven by a $462 billion backlog of AI-related enterprise orders, surpassing last year's total revenue. This backlog reflects strong demand that currently exceeds the company's capacity, causing a near-term compute constraint. To address this, Alphabet plans to increase capital expenditures to $180-$190 billion in 2026 and beyond, aiming to expand infrastructure and meet demand. Investors should watch for revenue growth as capacity expands and management updates forecasts, signaling sustainable AI-driven growth.
After an eight-year legal battle, Google has lost its final appeal against a record €4.1 billion ($4.68 billion) antitrust fine imposed by the European Union. The fine was originally levied in 2018 due to Google's abuse of Android's dominant market p...
OpenAI is reportedly in talks with the U.S. government about transferring a 5% ownership stake before its planned public listing later this year. Discussions involve OpenAI CEO Sam Altman, President Donald Trump, and key government officials. The pro...
Europe's highest court has confirmed a $4.67 billion fine against Google for abusing its dominance in the Android mobile market. The European Commission originally fined Google in 2018 for pre-installing its own apps on Android devices to gain an unf...
The projected 27% earnings growth for the S&P 500 is largely illusory, as it stems from internal money transfers, inflation, and debt-financed investments rather than genuine profit expansion. Inflation alone may contribute 4%–5% of this growth, with...
Jay Woods, Chief Market Strategist at Freedom Capital Markets, updated his favorite Magnificent Seven stocks mid-2026, replacing Tesla with Nvidia. Woods remains bullish on Alphabet, citing its strong fundamentals and prefers it over Verizon in the D...
