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The big cloud companies are expected to collectively shell out more than US$500 billion on AI this year Alphabet said on Wednesday (Feb 4) that capital expenditure could as much as…
Alphabet said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it…
Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI) focus allayed doubts about its strategy and thrust…
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to gauge the health of the US economy, while Alphabet…
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to gauge the health of the US economy, while Alphabet…
Alphabet closed in on a US$4 trillion valuation on Monday (Nov 24), set to become only the fourth company to enter the exclusive club, as the Google parent rides an artificial intelligence…
The U.S. stock market is rising again on Monday, ahead of a week with shortened trading because of the Thanksgiving holiday. The S&P 500 climbed 1.4% and added to its jump from Friday. The…
Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology giants Just six months ago, Alphabet investors feared the…
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further trimming its holdings in Bank of America and Apple.…
I know it's criminal to ask you to choose between "Game of Thrones" and "Glee," but I'm doing it anyway. View Entire Post › Source link
Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in…
Google parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the…
Alien Superstar! View Entire Post › Source link
The Big Apple is taking on the companies behind Facebook, Instagram, Snapchat, TikTok, and YouTube, accusing them of “public nuisance” and spurring a youth mental health crisis in the…
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past two years to technologically decouple its life…
Class A shares of the company were up 4.6% at US$251.88, while Class C shares climbed 4.5% to US$252.3 Google-parent Alphabet hit a market capitalisation of US$3 trillion for the first…
Technology and AI-linked stocks have powered Wall Street’s main indexes to record highs lately amid growing hopes that the US Federal Reserve will cut interest rates later this week Google…
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and OpenAI that provide consumer-facing AI-powered…
Wall Street is steadying on Wednesday as Alphabet and other technology stocks rise. The S&P 500 added 0.3% and was on track to break its two-day losing streak since setting its latest…
The S&P 500 and the Nasdaq opened higher on Wednesday (Sep 3) after Alphabet gained on a favourable antitrust ruling and investors awaited labour market data that could influence…
ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about US$85 billion and predicted a further increase next…
Meta may not currently lead the race for AI superintelligence, but it’s drawing heavily on its cash reserves to pursue the technology. Founder Mark Zuckerberg announced Monday that the…
Alphabet’s chief executive officer Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing human talent remains key even as Google’s parent…
Google parent Alphabet is looking to raise at least 2.5 billion euros (S$3.72 billion) from a debut euro bond sale on Tuesday (Apr 29), just after selling US$5 billion of debt in…
