Alphabet completed the largest U.S. corporate equity raise ever, upsizing to $84.75 billion to fund AI data centers amid surging demand for its cloud and AI services. Berkshire Hathaway anchored the deal with a $10 billion private placement, marking its biggest tech investment. While $44.75 billion is allocated for AI capital spending and employee equity taxes, only about $34.75 billion plus Berkshire's stake directly fund AI infrastructure. Alphabet chose equity over debt, diluting shareholders but avoiding interest costs, betting on future AI profits despite compressing free cash flow. This move highlights strong confidence in AI growth and cloud demand, with capital spending guidance raised for 2026 and 2027.
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...
