US bonds rally as investors question returns on massive AI investments; crypto slides after Binance hack concerns, while oil rises on Strait of Hormuz risks
The earnings reports and the ensuing stock selloffs expose the tensions escalating over big tech's transition to new AI-powered products, and the spending required to get there
Alphabet lost over $500 billion in market value as weaker-than-expected search and advertising sales raised concerns over AI's impact on Google's core business and soaring infrastructure costs.
Google's latest Gemini 3.7 Flash targets coding and autonomous business tasks at a lower cost, as investors await the delayed flagship Gemini 3.5 Pro model
Google's new Alisios cable will connect Chile, Panama and the Dominican Republic, while Canoa and OlaLuz will extend links to Bermuda and Florida.
The feature, powered by Google's Nano Banana 2 AI model, had allowed users to generate photorealistic images grounded in Google Earth's satellite, aerial and 3D imagery by typing a text prompt
Google's selfie video feature could make account recovery easier and more secure, but experts warn that facial data is permanent and increasingly targeted by AI-enabled fraud
The European Commission fined Google €890 million for breaching Big Tech rules, while acknowledging progress in the company's efforts to comply with the EU's Digital Markets Act
Total FDI rose 44% to $39 billion last year, UN Trade and Development said in its annual World Investment Report released Tuesday
The European Court of Justice ruled on Thursday that Google's earlier defeat against a European Commission penalty should stand
The Korea Fair Trade Commission's (KFTC) Market Surveillance Bureau found Google's alleged abuse of market dominance in the Android app marketplace affected $9.1 billion in revenue
Jumper played a key role in Google's AI coding efforts, and his exit adds to the company's challenges in competing with Anthropic, OpenAI and Elon Musk's SpaceX in the AI race
Alphabet Inc.'s Google contributed several billion dollars to the round as part of a previously announced commitment to invest up to $40 billion in Anthropic over time
The new venture will allow companies to rent AI computing power using Google's custom TPU chips instead of building costly infrastructure
US District Judge Amit Mehta denied Google's request for now, saying that any data sharing is at least months away and therefore the company is not at risk of any immediate harm
The EU watchdog has said that its monitoring showed that Google's spam policy demotes news media and other publishers' websites and content in Google search results when those websites include content
Alphabet shares jumped 7.6% to $376.35 in early trading in New York on Thursday. The stock had risen 12% this year through Wednesday's close
Anthropic's Claude Code tool has gained strong traction among developers. The company's annual run-rate revenue surpassed $30 billion this month, up from about $9 billion at the end of 2025
Alphabet has raised over $11 billion through global bond sales, including a rare 100-year bond, as it ramps up spending on artificial intelligence and long-term technology investments
Strong profits and cash flow are driving Google's plan to double AI spending to $185 bn; the money will go into AI models, cloud infrastructure and data centres as demand continues to rise