Google's parent company Alphabet shattered profit forecasts with a $34.5bn quarterly haul, fueled by a 48% cloud revenue surge, as it outlines aggressive plans to nearly double capital expenditures to dominate the AI infrastructure race.
A landmark agreement for AI computing power has unraveled, with OpenAI opting for rival suppliers and a scaled-back investment, raising questions about the sustainability of the industry's spending spree.
NextEra Energy and Xcel Energy have formed a strategic partnership to accelerate the development of power infrastructure—including renewables, storage, and grid tech—specifically to meet the surging electricity demands of AI data centers. The move underscores how utilities are scrambling to adapt to a new era of concentrated, power-hungry loads.
Apple's strategic acquisition of an Israeli AI startup and a deeper partnership with Google aim to supercharge Siri, while new Indian tax policies fuel its manufacturing diversification away from China, signaling a pivotal shift in the tech giant's long-term strategy.
Oracle's ambitious plan to raise up to $50 billion for a massive AI infrastructure expansion has rattled investors, sending its stock down sharply. While the move underscores its commitment to competing with cloud leaders, concerns over execution risk and debt levels are taking center stage.
Fabrinet (FN) reported robust fiscal Q2 2026 results, beating estimates with revenue of $1.13B and issuing upbeat guidance. However, the stock fell sharply as investors weighed aggressive expansion plans against high expectations and execution risks.
UnitedHealth Group, already navigating a turbulent period, confronts a new challenge as federal regulators propose a near-flat payment increase for Medicare Advantage plans in 2027, threatening a key revenue driver for the healthcare giant.
The sports betting technology firm has formally applied to the CFTC for key regulatory designations, aiming to transform its state-licensed prediction market into a national offering amid a rapidly evolving competitive landscape.
President Trump's selection of former Fed Governor Kevin Warsh to lead the Federal Reserve marks a decisive shift toward market-driven policy and reinforces central bank independence, with immediate ripple effects across currency and commodity markets.
Fox Corporation surpassed Wall Street's revenue forecasts for its fiscal second quarter, driven by robust advertising demand for Fox News and Major League Baseball playoffs, even without the boost of a major election cycle.
Reason's Robby Soave argues the mass release of Jeffrey Epstein-related files has fueled a partisan witch hunt, prioritizing political smears over justice and threatening civil liberties.
Bank of America pushes back against the recent tech stock rout, arguing investor fears of both weak AI returns and massive AI disruption are contradictory. The firm sees the selloff as a buying opportunity, forecasting AI infrastructure spending to hit $1.2 trillion by 2030.
New research reveals revenue teams lose nearly two full workweeks each month to manual commission management, creating a significant drag on analysis, forecasting, and strategic planning.
Microsoft's latest earnings reveal a company firing on all cylinders, with cloud revenue eclipsing $50 billion and AI products like Copilot seeing explosive growth, underscoring its resilience and long-term investment appeal despite a recent stock dip.
Ciena (CIEN) is drawing renewed investor scrutiny following significant contract wins with Telekom Srbija and Trans Pacific Networks, coupled with anticipated showcases at the upcoming Mobile World Congress. This comes as the stock rides a wave of strong momentum, raising critical questions about whether its current price fully reflects future growth prospects in the high-capacity networking arena.
U.S. stocks extended losses Wednesday, led by a sharp sell-off in technology shares. Investor anxiety mounted ahead of earnings from Google-parent Alphabet, while a steep drop in AMD shares and mixed economic data added to the day's volatility.
An analysis of the bullish investment thesis for Corporación América Airports S.A. (CAAP) reveals a complex picture of significant potential upside weighed against substantial macroeconomic and operational risks, particularly its heavy exposure to Argentina's volatile economy.
As Alphabet's Google advances AI projects like the groundbreaking 'Project Genie,' its ripple effects are being felt across the tech sector. Collaborative design platform Figma, once a high-flying IPO, now finds itself as one of the worst performers in Alphabet's disclosed investment portfolio, grappling with existential questions about AI's impact on its core business.
CNBC's Jim Cramer highlighted ServiceNow's sharp decline as emblematic of the pressures facing software stocks, noting its nearly 24% pullback places it among the sector's worst performers recently.
As Amazon prepares to report its fourth-quarter results, strong performance across its core businesses is expected. Yet, despite solid fundamentals, the stock has languished, leaving investors to weigh near-term AI costs against long-term growth potential.
