Top tech giants like Alphabet, Meta, Amazon, and Microsoft plan nearly $800 billion in AI data center spending by 2026, but analysts predict only about half of the announced capacity will be realized by 2030. This raises concerns of a repeat of the late-1990s fiber-optic overbuild, where massive investments led to overcapacity and write-downs. While demand for AI infrastructure is strong, rapid hardware obsolescence and high financing costs add risk to profitability. Investors are cautious as stock prices of these companies have declined recently, reflecting uncertainty about returns from this capital-intensive cycle.
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...
