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The Latest Breaking News from Alphabet Inc

Amazon, Meta Beware: The AI Spending Boom Is Pushing Tech Firms Into A Debt Spiral

U.S. tech giants like Meta Platforms Inc. (NASDAQ:META), Amazon.com Inc. (NASDAQ:AMZN), Microsoft Corp. (NYSE:MSFT) and Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG) have plowed hundreds of billions into artificial intelligence over the past two years, initially using their hefty cash piles — but Goldman Sachs says that cushion is wearing thin, and debt is…

Benzinga

Meta's Superintelligence Labs Turns To Vercel, GitHub To Speed Up AI Prototyping: Report

Meta Platforms Inc. (NASDAQ:META) is shifting its AI prototyping work to external developer platforms.

Benzinga

Eric Jackson Quips 'Paging Nancy Pelosi About OPEN' As Cleo Fields Buys Current Retail Favorite Opendoor

Founder of EMJ Capital, Eric Jackson, drew attention to a recent stock purchase by Rep Cleo Fields (D-La.) with a social media post reading, "Paging Nancy Pelosi about OPEN," referencing the Congressman's new investment in Opendoor Technologies Inc. (NASDAQ:OPEN).

Benzinga

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S&P 500 Enters Its Best Quarter Of The Year: 5 Stocks To Watch This Month

As October kicks off, Wall Street is stepping into what's statistically the most rewarding quarter of the year, with seasonal optimism likely tied to year-end consumer spending and holiday sales.

Benzinga

Apple, Google And Meta Can't Escape Gambling Lawsuits, Judge Rejects Section 230 Shield In Landmark Ruling On Casino-Style Apps

Apple Inc. (NASDAQ:AAPL), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms, Inc. (NASDAQ:META) will have to face lawsuits accusing them of profiting from illegal casino-style apps after a federal judge ruled Section 230 does not shield their payment processing practices.

Benzinga

Marjorie Taylor Greene Loads Up On Six-Figure Treasury Bill— Diversifies Portfolio With Bitcoin ETF, Tech Stocks

Rep. Marjorie Taylor Greene (R-Ga.) made a significant six-figure investment into a U.S. Treasury Bill in mid-September, anchoring a flurry of trading activity that also saw her purchase shares in popular technology stocks and a Bitcoin ETF.

Benzinga

Trump To Receive $24.5 Million In YouTube Settlement, Google's Video Platform Will Not Admit Wrongdoing

YouTube, a subsidiary of Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, has agreed to pay $24.5 million to settle a lawsuit from President Donald Trump over the platform's suspension of his account in the aftermath of the Jan. 6, 2021, attack on the U.S. Capitol.

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Gavin Newsom Says He's Signing A Law To Install 'Common-Sense Guardrails' For AI Safety: What This Means For Google, Meta And Nvidia

On Monday, Governor Gavin Newsom (D-Calif.) signed a landmark law requiring artificial intelligence giants such as OpenAI, Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Meta Platforms, Inc. (NASDAQ: META) and Nvidia Corporation (NASDAQ: NVDA) to disclose how they plan to prevent their most advanced models from causing potential catastrophic risks.

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Anthropic's $1.5 Billion Settlement Over AI Training On Pirated Books Sets Precedent As Lawsuits Against OpenAI, Meta Loom

A federal judge in California has given preliminary approval to Amazon.com Inc. (NASDAQ: AMZN) and Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)-backed Anthropic's $1.5 billion settlement with authors who accused the AI company of using millions of pirated books to train its Claude chatbot.

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Mark Zuckerberg's Meta May Lean On Rival Google To Improve Ad Targeting Despite Billions Spent On In-House AI

Meta Platforms Inc. (NASDAQ: META) is reportedly in early talks with Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) to use Google's Gemini AI models to strengthen its ad business.

Benzinga

Google Just Made Cipher Mining An AI-Crypto Hybrid Bet

Cipher Mining Inc (NASDAQ: CIFR) just landed one of the most eye-catching endorsements in crypto infrastructure: Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Google took a 5.4% stake in the Bitcoin (CRYPTO: BTC) miner, securing roughly 24 million warrants as part of a 10-year, $5 billion AI hosting deal.

Benzinga

Google Supports Cipher Mining's $3 Billion Data Center Pact As Company Launches $800 Million Convertible Notes Offering

Cipher Mining Inc. (NASDAQ: CIFR) secured a 10-year colocation agreement with Fluidstack valued at roughly $3 billion, positioning itself as a major player in high-performance computing data centers. The deal also brings in Alphabet Inc. (NASDAQ: GOOGL) as a financial backer, underscoring growing demand for AI-driven infrastructure.

Benzinga

Can Lyft's Waymo Deal Really Change The Ride-Hailing Game?

Lyft (NASDAQ:LYFT) is stepping into the autonomous vehicle (AV) spotlight with its first partnership with Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, aiming for profitable rides from day one while challenging Uber’s (NYSE:UBER) dominance and positioning itself for accelerated growth.

Benzinga

Amazon, Alphabet, Meta, Other Big Tech Stocks Fall In Monday Pre-Market: What's Going On?

Shares of big tech like Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) slipped between 0.4% to 0.5% in Monday pre-market session amid Trump’s H1-B crackdown. Intel (NASDAQ:INTC) stock fell 1.2%.

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How Ride-Hailing Platforms Could Be The Real Winners Of The Autonomous Driving Push

As the U.S. ramps up its focus on autonomous driving, companies like Tesla Inc. (NASDAQ:TSLA), Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, as well as Amazon.com Inc.'s (NASDAQ:AMZN) Zoox are driving the sector forward.

Benzinga

Sundar Pichai Declares 'Next Chrome Era' As Google Bakes Gemini AI Into Its Web Browser, Roll Out To Target Mac, Windows And Mobile Devices

Google, owned by Alphabet Inc. (NASDAQ:GOOG, GOOGL)), has built its Gemini AI directly into the Chrome browser. CEO Sundar Pichai says this marks the beginning of a new era in web browsing.

Benzinga

Waymo-Via Deal Puts Robotaxis Inside Chandler Transit This Fall

Via Transportation, Inc. (NYSE:VIA) shares rose in premarket trading after unveiling a partnership with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo.

Benzinga

Alphabet CEO Sundar Pichai Reacts As Jensen Huang Goes Bananas For Google Gemini's Nano Banana: 'How Good Is That'

Nvidia Corp.’s (NASDAQ:NVDA) CEO Jensen Huang's playful praise of Google Gemini's "Nano Banana" AI image tool drew a lighthearted response from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai, even as analysts project a multi-trillion-dollar boom in AI data center demand by 2030.

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Ross Gerber Doubles Down On Waymo Praise, Says Robotaxi Has Been 'Solved:' 'Tesla Falls Further Behind'

Gerber Kawasaki's co-founder Ross Gerber has doubled down on his praise for Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous cab service Waymo amid a Robotaxi push in the U.S.

Benzinga

This YouTube Rival Looks Set To Surge Amid Big Spikes In Its Momentum Score — 2 Other Tech Stocks See Similar Gains

A prominent tech stock, often considered a rival of Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) popular video-sharing platform, YouTube, is seeing its Momentum scores surge in Benzinga’s Edge Stock Rankings, along with two other tech companies.

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Sundar Pichai Says He's 'Excited' About Teaming Up With PayPal On AI Shopping And Payments: PYPL Spikes After Hours

On Wednesday, PayPal Holdings Inc. (NASDAQ:PYPL) shares climbed after CEO Alex Chriss and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai announced a multi-year partnership to integrate PayPal's payment solutions with Google's AI-powered shopping and cloud platforms.

Benzinga

Lyft Finds Its Robotaxi Mojo—But Uber's Still In The Fast Lane

Lyft Inc. (NASDAQ:LYFT) just scored a 10% stock pop on its first robotaxi deal with Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo. It's a headline win, but in a market where Uber Technologies Inc (NYSE:UBER) is worth 25 times more, the bigger question is whether Lyft just found a new growth engine—or merely…

Benzinga

What Is Going On With Broadcom Stock On Tuesday?

Custom Application-Specific Integrated Circuits (ASICs) provider Broadcom (NASDAQ:AVGO) trended on Tuesday as the Big Tech giants (including Microsoft Corp (NASDAQ: MSFT), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms inc (NASDAQ:META) continue to invest in their artificial intelligence ambitions.

Benzinga

Google Sued By Rolling Stone, Billboard Owner Penske Media Over AI Overviews Feature

Penske Media, owner of Rolling Stone, Billboard, and Variety, has filed a lawsuit against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google over the use of AI-generated summaries.

Benzinga

Tech Stocks Top 2000 Dot-Com Bubble Peak, Now Dominate 37% Of US Market As Nvidia, Meta And Alphabet Lead 5-Year Mag 7 Rally

Technology's dominance on Wall Street has reached unprecedented levels, with the sector now representing 37% of the entire U.S. stock market, surpassing even the height of the dot-com bubble as mega-cap names like Nvidia Corp. (NASDAQ:NVDA), Meta Platforms, Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) lead a five-year rally.

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