Google's Gemini AI assistant has surpassed 1 billion monthly active users, achieving this milestone shortly after OpenAI's ChatGPT did the same. Launched in 2024, Gemini is integrated across Google's ecosystem, including its browser, Android, and Workspace apps. The app sees heavy voice interaction and image generation, with over 150 million images created daily, highlighting its popularity among small businesses. This growth positions Gemini as a major competitor in the AI assistant space, alongside ChatGPT and Anthropic's Claude.
Meta and Alphabet reported strong Q2 2026 results with Meta's ad revenue growing 27% and Alphabet's Cloud business accelerating 82%. Despite this, Meta trades at 22 times earnings and Alphabet at 17 times, which is cheap for their growth levels. Meta...
Uber and Pony.ai announced plans to deploy 2,000 self-driving taxis across Europe and expand their robotaxi partnership to the Middle East. They recently launched Europe's first commercial robotaxi service in Zagreb, Croatia, and will roll out servic...
The Investment Company of America (AIVSX), a large-cap U.S. stock fund launched in the 1930s, continues to perform well with $165.9 billion in assets as of March 2026. It returned nearly 273% over the past decade, showing resilience through major mar...
The S&P 500's net profit margin reached 16.9% in Q2, the highest since FactSet began tracking in 2009, up from 12.9% a year ago. This increase is driven largely by tech giants Alphabet and Amazon, with Alphabet posting a 34% operating margin and Amaz...
Meta Platforms shares dropped nearly 8% after Q2 earnings missed EPS expectations by 14.4%, despite revenue growth of 28%. The company reported a massive $31 billion quarterly capital expenditure as it invests heavily in AI infrastructure and busines...
