Alphabet is set to report its Q2 earnings on July 22, drawing attention to leveraged ETFs like Direxion's GGLL (bullish) and GGLS (bearish) that track the stock's daily performance. Despite a 12% gain year-to-date, Alphabet's shares have dipped 3% recently, raising questions about near-term growth, especially in Google Cloud and AI investments. Investors will watch capital expenditure guidance and cloud revenue closely to gauge future prospects. The earnings report could influence the direction of these ETFs, offering opportunities for traders betting on either a rise or fall in Alphabet's stock price.
Major tech hyperscalers like Meta, Oracle, Amazon, Microsoft, and Alphabet have accumulated $1.65 trillion in AI-related off-balance-sheet debt, mainly through special purpose vehicles and private credit. This financing approach moves risk away from ...
Alphabet, Google's parent company, is set to report earnings on July 22 amid mixed signals. The stock has gained 11.43% year-to-date and benefits from strong AI advancements and a major $80 billion equity raise involving Berkshire Hathaway. However, ...
BlackRock, Carhartt, Ford Motor Company, and Google have formed the Alliance for America's Skilled Trades to expand access to skilled trades training and address the growing shortage of skilled labor in the US. This coalition aims to create pathways ...
A Nikkei study reveals that five major U.S. tech companies hold $1.65 trillion in hidden debt, far exceeding their reported liabilities. This debt has grown eightfold in four years, driven by heavy investments in artificial intelligence. Meta and Ora...
Anthropic has received final court approval for its $1.5 billion settlement in a class action lawsuit over copyright infringement related to its AI training data. The settlement will pay $3,000 per copyrighted work to authors and publishers for about...
