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Alphabet's Q2 Blowout Paves Way for Massive Infrastructure Push...
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Google-parent Alphabet beat expectations for its second-quarter earnings results Wednesday afternoon. Earnings per share were up to $2.31, ahead of Wall Street’s consensus estimate of $2.18, according to FactSet, and up from $1.89 last year. Leading the charge was Google Cloud, with sales up to $13.6 billion in the quarter, ahead of expectations of $13.1 billion and up 32% on the year...
Continue Reading(Bloomberg) -- Donald Trump denied he was seeking to ruin the business empire of his onetime ally Elon Musk as retribution for their dispute over the US president’s signature tax law. Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom“Everyone is st...
Continue ReadingWe came across a bullish thesis on PayPal Holdings, Inc. on Let it Compound’s Substack. In this article, we will summarize the bulls’ thesis on PYPL. PayPal Holdings, Inc.’s share was trading at $74.17 as of July 18th. PYPL’s trailing and forward P/E were 16.67 and 15.13, respectively according to Yahoo Finance. PayPal remains a central player […]...
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Tesla (TSLA) missed on second quarter earnings. The company also revealed its cheaper electric vehicle (EV) model will enter volume production in late 2025, but investor patience is wearing thin. Yahoo Finance Senior Reporters Allie Canal, Pras Subramanian, and Josh Schafer break down why slowing core auto sales and vague timelines on robotaxis and artificial intelligence (AI) are dragging on the stock. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingS2G Investments ("S2G"), a multi-stage investment firm focused on scaling solutions across food and agriculture, energy, and oceans, announced today that Kevin Lo has joined the firm as an Operating Partner. He brings more than two decades of experience leading high-impact technology ventures and public-private innovation initiatives spanning infrastructure, human health, food systems, and national security...
Continue ReadingNet income at Tesla falls 16% in the second quarter, while Alphabet says quarterly cloud revenue jumped 32%...
Continue ReadingTesla's slump deepens as autonomy momentum fades. Explore the impact of tariffs, earnings slowdown, and what it means for TSLA's $300-range volatility...
Continue Reading"I want Elon, and all businesses within our Country, to THRIVE." The statement follows Musk's warning to Tesla investors on Wednesday that U.S. government cuts in support for electric vehicle makers could lead to a "few rough quarters" for the company. Musk spent more than a quarter of a billion dollars to help Trump win November's presidential election and led the Department of Government Efficiency's chaotic effort to slash the budget and cut the federal workforce...
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