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The Latest Breaking News from Alphabet

Alphabet Shows Lower Free Cash Flow Based on AI Spending - But GOOG Stock Could Still Be Cheap

Alphabet produced strong revenue and free cash flow results for Q2. However, GOOG stock is lower as the market did not like that the FCF margins fell. Nevertheless, the stock still looks cheap going forward.

Astronomical AI Spending Is Causing Jitters on Wall Street

Astronomical AI Spending Is Causing Jitters on Wall Street

Amid rampant excitement over artificial intelligence, a new round of skepticism is taking hold. Here are four forecasts about the future of generative AI.

Stocks Mostly Higher In Asia, U.S. Futures And Oil Rise

Stocks Mostly Higher In Asia, U.S. Futures And Oil Rise

Asian markets mostly up, U.S. futures and oil rise. Mixed day on Wall Street with Big Tech losses. Positive economic data boosts hopes for smaller companies.

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Drone food delivery is spreading across Australia. Research suggests we will eat more junk food as a result

Last week, a drone delivery company called Wing (owned by Google’s parent company, Alphabet) started operating in Melbourne. Some 250,000 residents in parts of the city’s eastern suburbs can now order food from cafes and restaurants via the DoorDash app and have it brought to them in minutes by a…

The Conversation

Asian Markets Battle To Recover From Tech Rout After US Data

Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut.

International Business Times

Big Tech’s $1 trillion sell-off triggers worst day for stock markets since 2022

Excessive AI spending and geopolitical risks are prompting investors to cash in their chips.

Stock markets tumble amid jitters over tech companies’ growth

Losses in Europe and Asia are driven by AI-related groups including Nvidia, Tesla and Google-owner Alphabet

The Guardian - UK

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These Two Market Indicators Are Flashing Warning Signals For US Stocks

These Two Market Indicators Are Flashing Warning Signals For US Stocks

The Cboe Volatility Index jumped to a three-month high of 18.46 while Warren Buffett's time-tested stock market valuation indicator reached record levels of 200%.

International Business Times UK

Sundar Pichai wants real world results for his AI bots—so Google gave bonuses and golden bomber jackets to staff who came up with winning prompts

Sundar Pichai wants real world results for his AI bots—so Google gave bonuses and golden bomber jackets to staff who came up with winning prompts

"I think we are in this phase where we have to deeply work and make sure on these use cases, on these workflows, we are driving deeper progress and unlocking value, which I’m very bullish will happen."

Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Tokyo's Nikkei led the retreat in equities, diving more than three percent, with a stronger yen adding to the downward pressure on exporters.

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

Global shares have dropped, with Tokyo’s benchmark losing more than 1,300 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive

The Independent UK

Asian Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Asian Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Asian markets tumbled Thursday after a tech-fuelled sell-off saw Wall Street tank, as disappointing earnings caused traders to panic that a months-long rally in the sector may have been overdone.

International Business Times

Nasdaq takes biggest dive in nearly 2 years as tech earnings spark selloff

Nasdaq takes biggest dive in nearly 2 years as tech earnings spark selloff

The Nasdaq, S&P 500 and Dow Jones all went down after tech companies’ Q2 results

The Independent UK

Box CEO says to back Kamala Harris he’ll need see 'a 10-point plan for pro-business, pro-tech, pro-entrepreneurship'

Box CEO says to back Kamala Harris he’ll need see 'a 10-point plan for pro-business, pro-tech, pro-entrepreneurship'

During her time in California state politics Vice President Kamala Harris had to both court and regulate Big Tech.

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The Guardian - US

Wall Street suffers worst day since 2022 as Tesla and Google earnings disappoint

Tech-focused Nasdaq retreats 3.6% and S&P 500 also down in wake of lacklustre results from big-tech companies

A Zeekr May Be Your Next Waymo Taxi In The U.S.

The Swedish-designed electric minivan has a removable steering wheel, which could help Waymo go over any regulatory speed bump.

Stocks Plunge on Disappointing Tesla and Google Earnings News and Chip Weakness

The S&P 500 Index ($SPX ) (SPY ) today is down -1.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.97%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.60%. Stocks are trading sharply lower on disappointing earnings reports late Wednesday from Tesla (TSLA...

Alphabet Stock Falls as Q2 Ad Revenue Growth Slows

Alphabet stock is trading lower Wednesday as slowing ad sales growth offsets a Q2 earnings beat. Here's what you need to know.

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Stocks Fall on Disappointing Tesla and Google Earnings

The S&P 500 Index ($SPX ) (SPY ) today is down -1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.92%. Stocks are trading lower today on disappointing earnings reports late Wednesday from Tesla (TSLA...

1 'Magnificent 7' Stock With a $46B Gem in Its Portfolio

This mega-cap tech stock still has a $46 billion hidden gem, according to one Needham analyst, making it a wise pick for investors seeking to ride the tech growth wave.

Google CFO Ruth Porat just did her last earnings call—and she had a message about the future of tech

Porat will pivot full-time to her role of chief investment officer at Alphabet and Google.

Cloud And AI Lift Google-parent Quarterly Profit

The tech giant said its net income for the recently ended quarter was $23.6 billion on revenue that climbed 14 percent to $84.7 billion when compared to the same period a year earlier.

Nasdaq Futures Plunge as U.S. Tech Earnings Disappoint, PMI Data in Focus

September Nasdaq 100 E-Mini futures (NQU24) are trending down -1.04% this morning as Alphabet’s cautious outlook on AI progress and Tesla’s profit miss, coupled with a delay in its Robotaxi event, weighed on sentiment, while investors awaited U.S. business activity data and the next round of corporate earnings reports.

Google Cloud success helps push Alphabet to record results

Google Cloud hits $1 billion in operating profit for the first time ever.

As Wiz turns down Google's $23 billion offer, a founder shares his deal regret

“Did we maximize our value? Probably not," says Jyoti Bansal, founder of AppDynamics.

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