Money and Wealth
Alphabet’s Free Cash Flow Turns Negative for First Time as AI Spending Spirals
Alphabet's free cash flow turned negative in Q2 for the first time ever, as artificial-intelligence spending outpaced cash generation. The…
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Money and Wealth
Money and Wealth
Nasdaq Falls 2.1% as Earnings Jitters and Oil Surge Rattle Tech Stocks
The Nasdaq fell 2.1% on Thursday as disappointing earnings from Alphabet and Tesla reignited concerns about AI spending. Brent crude…
Capital and Deals
Google Cloud revenue surges 82% as enterprise AI adoption drives profit to $112.1 billion
Google Cloud revenue jumped 82% to $24.8 billion, driven by enterprise AI adoption. The growth helps justify the company's $180-190…
Money and Wealth
Alphabet Posts Strong Earnings, but AI Spending Concerns Weigh on Stock
Alphabet delivered earnings results above estimates Wednesday, but stock declined as the company again raised capital expenditure forecasts, signaling continued…
Capital and Deals
Google’s Unreleased Chip Could Run Gemini 6–10 Times More Efficiently, Report Says
Google is developing a server chip called 'Frozen v2' that could run Gemini 6–10 times more efficiently than its current…