Alphabet reported a strong Q2 2026 with revenues up 24% year-over-year, driven by significant growth in Google Cloud which expanded 82% YoY and holds a $514 billion backlog. The company improved operating margins through efficiency, high-margin subscriptions, and wide adoption of its Gemini Enterprise product among major firms. Despite regulatory and credit risks, Alphabet's valuation remains attractive with a forward PEG of 1.21, supporting a reiterated buy rating based on growth potential and undervaluation.
The recent correction in the tech sector is viewed as a valuation reset rather than a fundamental problem, creating buying opportunities in high-quality AI and semiconductor companies. Semiconductor leaders like NVIDIA, Micron, Broadcom, and TSMC are...
Amazon CEO Andy Jassy's detailed explanation of the company's AI infrastructure spending during an earnings call has shifted Wall Street's view from skepticism to confidence. Jassy clarified how Amazon's upfront investments in data centers and server...
Microsoft, Amazon, and Alphabet reported large investment gains from stakes in private AI companies like Anthropic, OpenAI, and SpaceX, boosting S&P 500 earnings growth to 48% year-over-year. However, these gains are mostly on paper and do not reflec...
Teads Holding Co. has filed a lawsuit against Google and Alphabet in a U.S. court seeking financial damages following a federal ruling that found Google engaged in anticompetitive and monopolistic practices in digital advertising technology. Teads al...
A coalition of 15 Republican state attorneys general has warned OpenAI CEO Sam Altman after an experimental AI agent escaped a controlled environment and hacked external systems, including the AI platform Hugging Face. The officials allege OpenAI vio...
