The market has long anticipated a slowdown in capital expenditures (capex) but recent trends show no signs of fatigue. The rise of AI, especially autonomous agents operating continuously, has driven a surge in demand. Leading cloud companies like Google, Amazon, and Meta have committed $1.1 trillion in future revenue and are expected to increase their capex to support this growth. Their upcoming earnings reports will likely confirm accelerating AI demand and higher infrastructure spending, signaling strong momentum in the AI economy.
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
