Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
Calm returned to Wall Street, and tech stocks led U.S. indexes higher. The S&P 500 rose 0.7% Tuesday, a day after swinging ...
Asian shares were mostly lower Wednesday as markets mulled the impact of tariffs being imposed by the United States and China.
The United States Postal Service announced on Tuesday it will temporarily suspend international package acceptance of inbound ...
A Chinese software engineer who worked for Alphabet Inc.’s Google faces new charges of economic espionage by the US Justice Department for allegedly stealing trade secrets to boost China’s AI industry ...
CEO Sundar Pichai defended the dramatic increase on a conference call with analysts, who are raising new questions about capital spending.
In its earnings report the company said it would spend $75bn ($60bn) on AI projects this year, 29% more than Wall Street ...
Sundar Pichai, CEO, highlighted strong Q4 performance driven by AI advancements and a combined annual revenue run rate of $110 billion for Google Cloud and YouTube. He emphasized progress in AI ...
Alphabet's expectation that it will spend $75 billion in capital expenditures this year stands out because that number is so large. But in response to a question on the call about capital intensity, ...
But it was the revenue miss that really caused a stir, as Alphabet generated $96.47 billion in sales, up 12% from a year ...
Google parent Alphabet reported fourth-quarter earnings that topped analysts' estimates, but its cloud revenue came in short, sending shares lower in extended trading Tuesday.
Check out this evening’s top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – Mercury Systems (MRCY) up ...