Pomerantz LLP is investigating Alphabet Inc. for possible securities fraud after delays in launching its AI model Gemini 3.5 Pro and disappointing financial results. The delays and a $5.9 billion negative free cash flow announcement led to significant stock price drops in July 2026. The firm is examining whether Alphabet and its executives engaged in unlawful business practices. This investigation could impact investor confidence and future legal actions against the company.
The US is drafting a ban on importing Chinese optical transceivers to prevent security risks in data centers, causing shares of networking companies like Lumentum, Coherent, and Ciena to rise. CoreCivic secured a five-year contract with ICE to operat...
Amazon's strong Q2 earnings and brief crossing of the $3 trillion market cap mark underscore the growing importance of AI infrastructure and hyperscale cloud computing. Alongside robust results from Microsoft and Alphabet, these developments indicate...
Alphabet reported strong Q2 revenue growth driven by its Search and Cloud businesses, with operating income rising 30% to $40.8 billion. However, free cash flow turned negative due to a sharp increase in capital expenditures, which hit $44.9 billion....
