Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk
Markets

Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk

Alphabet and Amazon leaned on mark-to-market gains from SpaceX and Anthropic for most of their quarterly profit, exposin...

Yael Ben-David 👁 71 💬 0
Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit
Markets

Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit

Alphabet and Amazon have become top issuers in smaller currency bond markets, pushing long-term borrowing costs higher a...

Yael Ben-David 👁 57 💬 0
Berkshire Hathaway Lifts Alphabet Stake 83%, Halting 14-Quarter Stock Sell-Off
Markets

Berkshire Hathaway Lifts Alphabet Stake 83%, Halting 14-Quarter Stock Sell-Off

The disclosure makes Alphabet Berkshire's third-largest stock at $37.8 billion, as Greg Abel begins deploying the cash p...

Yael Ben-David 👁 60 💬 0
Google DeepMind's Leadership Shake-Up Tests Its Scientific Independence
Technology

Google DeepMind's Leadership Shake-Up Tests Its Scientific Independence

A CEO-to-chair move, key departures and missed model deadlines leave Google's flagship AI lab defending its London-roote...

Eitan Shapiro 👁 50 💬 0
Berkshire’s Abel puts capital to work: buybacks surge, 14-quarter stock-selling streak ends
Companies

Berkshire’s Abel puts capital to work: buybacks surge, 14-quarter stock-selling streak ends

Berkshire Hathaway repurchased $7.8bn of its own stock in Q2 and July and became a net buyer of equities for the first t...

Declan Byrne 👁 37 💬 0
Google Overhauls AI Leadership: Hassabis Shifts to Research, Dean Exits as Shares Fall
Companies

Google Overhauls AI Leadership: Hassabis Shifts to Research, Dean Exits as Shares Fall

Demis Hassabis gives up the DeepMind CEO role to become Alphabet's chief scientist, while Jeff Dean leaves to start an i...

Declan Byrne 👁 34 💬 0
S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin
Markets

S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin

Corporate America just posted its strongest profit growth on record outside the pandemic, fueled by AI, one-time valuati...

Yael Ben-David 👁 52 💬 0
Waymo’s Zeekr Imports Top 3,200 Despite 127.5% US Tariffs
Companies

Waymo’s Zeekr Imports Top 3,200 Despite 127.5% US Tariffs

Customs data shows Alphabet’s Waymo has imported thousands of Chinese-built Zeekr vans, far exceeding market expectation...

Declan Byrne 👁 37 💬 0
S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally
Markets

S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally

The S&P 500 is on pace for 47% year-on-year Q2 earnings growth, fueled by AI investment — though one-off gains at Alphab...

Yael Ben-David 👁 41 💬 0
AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts
Companies

AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts

Investors are no longer rewarding AI ambition with blind capital. As Alphabet, Tesla and Intel report, the market demand...

Declan Byrne 👁 49 💬 0
Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge
Markets

Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge

The 'Big Short' investor sees the US market as a one-way bet on AI's success, with Alphabet's negative free cash flow an...

Yael Ben-David 👁 46 💬 0
Hang Seng Eyes August Gains as Nasdaq’s 25,000 Level Becomes Last Line of Defense
Markets

Hang Seng Eyes August Gains as Nasdaq’s 25,000 Level Becomes Last Line of Defense

The Hang Seng Index recovered two-thirds of its spring losses in July but faces a critical test at 25,000. Meanwhile, th...

Yael Ben-David 👁 36 💬 0
Google Lifts Capex Target to $195B as AI Drives 24% Revenue Surge
Companies

Google Lifts Capex Target to $195B as AI Drives 24% Revenue Surge

Alphabet's Q2 revenue jumped 24% to $119.8B, fueled by an 82% cloud spike, but the company now plans to spend at least $...

Declan Byrne 👁 50 💬 0
US Stocks Tumble as Oil Tops $100, Tech Sells Off on Alphabet and Tesla Warnings
Markets

US Stocks Tumble as Oil Tops $100, Tech Sells Off on Alphabet and Tesla Warnings

A triple blow of surging oil prices, rising bond yields, and disappointing signals from Alphabet and Tesla sent the S&P ...

Yael Ben-David 👁 51 💬 0
Sergey Brin briefly overtakes Larry Ellison as world’s third-richest person on Alphabet’s AI-driven rally
Markets

Sergey Brin briefly overtakes Larry Ellison as world’s third-richest person on Alphabet’s AI-driven rally

A sharp run in Alphabet shares lifted co-founder Sergey Brin’s fortune to $245.3 billion, temporarily pushing him past O...

Yael Ben-David 👁 42 💬 0