Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence.The cloud division, which competes with Amazon Web Services and Microsoft Azure, has become a key growth engine for Alphabet...
Continue ReadingThe tech giant says AI spending is set to reach up to $93 billion this year, which it can finance with profit from its advertising and cloud units...
Continue ReadingWall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while waiting for President Trump's long-awaited summit with Chinese leader Xi Jinping...
Continue ReadingBy Aditya Soni and Deborah Mary Sophia (Reuters) -Microsoft's spending on artificial intelligence infrastructure soared to a record of nearly $35 billion in the September quarter, deepening investor...
Continue ReadingShares in Google-parent Alphabet rose 6.2% after the company beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. The cloud services and AI giant raised its capital expenditure forecast for the year to between $91 billion and $93 billion, compared with the estimates of $80.67 billion...
Continue ReadingHeading into today’s Fed decision, the odds of a December rate cut were above 90%. Stocks turned lower on the somewhat hawkish tone from the Fed chair. The Fed meeting was expected to be something of a snooze, with many predicting that earnings would again overshadow the central bank...
Continue ReadingU.S. stocks closed mixed after Federal Reserve Chair Jerome Powell’s comments about rate cuts. Plus: Nvidia set a market cap record. And strong Google earnings sent the stock higher after the bell. Microsoft and Meta also reported...
Continue ReadingThe headline numbers for Alphabet (GOOGL) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals...
Continue ReadingStrong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investment...
Continue ReadingAlphabet Inc. (GOOGL) Q3 2025 Earnings Call October 29, 2025 5:30 PM EDTCompany ParticipantsJames FriedlandSundar Pichai - CEO & DirectorPhilipp.....
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