Alphabet and Meta both reported strong quarterly earnings with faster-than-expected growth and increased capital expenditure guidance focused on AI infrastructure. Alphabet's stock rose 7% as investors favored its cloud and AI revenue potential, while Meta's stock dropped 7% due to skepticism over its AI spending without a cloud business to monetize it directly. Alphabet's cloud revenue surged 63%, and it raised its 2026 capex guidance to $180-$190 billion, reflecting high AI demand. Meta increased its capex guidance too but faces pressure to show AI-driven revenue growth beyond ad business improvements. Investors await new revenue streams from Meta's AI strategy overhaul, while Alphabet benefits from proprietary AI chips and strong cloud demand.
In 2026, Alphabet has delivered outstanding returns over one, three, and five years, contrasting with struggles faced by other hyperscalers. The semiconductor sector remains highly cyclical, impacting both business performance and stock prices. A com...
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...
