Google's stock fell 3.31% after its Q2 earnings report showed a slight miss on earnings per share ($2.85 vs. $2.89 expected) despite beating revenue estimates. The company also raised its capital expenditure forecast to $195-$205 billion, signaling increased investment in AI amid concerns over profitability and rising costs. Additionally, Google reported negative free cash flow for the first time in over a decade and plans to lease external AI computing capacity, which may pressure margins further. These factors combined to worry investors about Google's near-term financial outlook despite strong sales.
OpenAI is on track to exceed $40 billion in annual revenue, doubling its pace from last year, yet two senior executives recently announced departures. These exits coincide with a $7 billion secondary sale of employee shares, providing liquidity that ...
Google announced it will allow users to disable visible watermarks on AI-generated content such as images, videos, and songs, while keeping invisible SynthID watermarks and metadata for transparency. This feature will be available soon in Google's Ge...
Alphabet's strategy of owning the entire AI technology stack—from custom silicon to consumer distribution—has driven robust growth, with Google Cloud revenue up 82% and overall revenue rising 24.23% in the latest quarter. The company boasts a strong ...
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...
