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Pichai pushes back on claims Google is losing ground in AI race
Reuters25d agoneutral
Pichai pushes back on claims Google is losing ground in AI race

Alphabet CEO Sundar Pichai used Wednesday's earnings call to mount a robust defence of Google's AI strategy, pushing back on concerns that the company has fallen behind rivals after ‌delaying a flagship model and ceding ground in AI coding. Investors have become increasingly uneasy over Google delaying the release of ‌Gemini 3.5 Pro, a model originally slated for June that was expected to bolster the company's standing in AI coding and autonomous "agent" tasks, two of the industry's most ​fiercely contested areas. The latest setback has fueled worries that Google was losing momentum just as OpenAI and Anthropic and a host of Chinese rivals have accelerated the pace of model releases.

S&P 500, Nasdaq close lower ahead of technology earnings
Reuters Videos25d agoneutralVIDEO
S&P 500, Nasdaq close lower ahead of technology earnings

<body><p>STORY: U.S. stocks ended lower on Wednesday, with Dow virtually flat, the S&P 500 dipping fractionally, while the Nasdaq lost more than half a percent.</p><p>Investors eagerly awaited earnings results after the closing bell from Alphabet and Tesla, the first of the Magnificent Seven megacaps to report.</p><p>Shares of Alphabet, down more than 1% at the close, dipped further in extended trading despite the Google parent topping Wall Street estimates for cloud revenue growth thanks to the AI boom.</p><p>And shares of Tesla, which also closed lower, tumbled another 2.5% in extended trading after Elon Musk's EV maker reported negative free cash flow for the first time in more than two years due to accelerated spending on AI infrastructure, battery capacity, robotaxis and next-generation manufacturing.</p><p>Bob Lang, founder and chief options analyst of Explosive Options, said that strong earnings are needed to keep the market moving higher.</p><p>“The one thing that has been pretty constant here for the past 4 or 5 months for the stock market has been strong earnings and certainly a first quarter brought us about 26, 27% earnings growth. So far in the second quarter, we're seeing it at about 16 to 17%. And that's without some of the big names that have reported for the second quarter yet. We're going to have big names like, Nvidia. We're going to have big names like Micron reporting in September. That's a couple of months away, of course. But you know, we're going to have some of these companies out there that are probably going to report some stellar earnings. And, it's really been the linchpin for keeping the stock market afloat right now.”</p><p>Shares of IBM rose in extended trading after the company cut its annual revenue growth forecast, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.</p><p>:: ServiceNow Handout</p><p>And shares of ServiceNow, down about 6.5% at the close, rose more than 3% after hours as the company raised its forecast for annual subscription revenue for the second time after beating second-quarter revenue and profit estimates, driven by growing demand for its AI-powered software.</p><p>Among other tech names, shares of Super Micro Computer rallied almost 20%, making it the S&P 500's biggest percentage gainer, a day after the server maker said it had secured more than $60 billion in new orders in its fiscal fourth quarter.&nbsp;</p></body>

Reddit (RDDT) May Rethink $60 Million Google AI Deal As Renewal Talks Drag
Simply Wall St.25d agoneutral
Reddit (RDDT) May Rethink $60 Million Google AI Deal As Renewal Talks Drag

Reddit (NYSE:RDDT) is reportedly reconsidering its reported US$60 million per year AI licensing agreement with Google. The company may block Google’s AI systems from accessing Reddit content if renewal talks do not progress. The agreement is a key part of Reddit’s data licensing approach and a visible AI partnership for the platform. For Reddit, a social platform built around user generated discussions, data licensing has become an important part of its business story alongside advertising...

S&P 500 Stock Rockets Late On Earnings As Google Boosts Capex
Investor's Business Daily25d agobullish
S&P 500 Stock Rockets Late On Earnings As Google Boosts Capex

S&P 500 member United Rentals soared on stronger-than-forecast Q2 results after Wednesday's close as Google got a late-day haircut. AI data center construction has helped supercharge earnings for URI, which provides a one-stop shop for large construction projects. Google's plan to keep boosting capital spending suggests the demand environment for heavy machinery will keep shining, even as it may slow the pay-off for AI hyperscalers.

Inside Alphabet's earnings call with Google CEO Sundar Pichai
Yahoo Finance Video25d agoneutralVIDEO
Inside Alphabet's earnings call with Google CEO Sundar Pichai

Yahoo Finance brings you inside Alphabet (GOOGL, GOOG) earnings call, led by Google CEO Sundar Pichai. Key takeaways include a 24% year-over-year increase in Alphabet's revenue, 17% growth in Search revenue, and a 13% rise in YouTube advertising revenue.

Alphabet Q2 Earnings Call Highlights
MarketBeat25d agoneutral
Alphabet Q2 Earnings Call Highlights

Alphabet (NASDAQ:GOOG) executives said the company’s second-quarter 2026 results were driven by broad demand for artificial intelligence across Search, YouTube and Google Cloud, while also signaling that heavy infrastructure spending will continue as capacity remains constrained. Chief Executive Su

Alphabet Stock Slides as AI Spending Keeps Up
The Wall Street Journal25d agoneutral
Alphabet Stock Slides as AI Spending Keeps Up

Alphabet stock slid 4.7% in after-hours trading following the company’s disclosure in its mostly rosy second-quarter earnings report that its free cash flow had turned negative. The Google parent continues to spend heavily on data centers for artificial-intelligence computing.

Here’s Why Retail Investors Are Buying Microsoft (MSFT) on the Dip
Insider Monkey25d agobullish
Here’s Why Retail Investors Are Buying Microsoft (MSFT) on the Dip

Microsoft Corporation (NASDAQ:MSFT) has been a painful holding for retail investors on Reddit. The stock is down about 17% so far this year. But they remain bullish on long-term recovery. They are optimistic about MSFT because the company’s fundamentals haven’t deteriorated—it’s simply been caught in a speculative AI downturn. MSFT is becoming a popular buy-the-dip […]

Alphabet's cloud revenue is its 'single most linear' indicator of AI ROI
Yahoo Finance Video25d agoneutralVIDEO
Alphabet's cloud revenue is its 'single most linear' indicator of AI ROI

Alphabet (GOOG, GOOGL) is out with its second quarter results, reporting revenue (excluding Traffic Acquisition Costs) of $103.62 billion and adjusted earnings of $9.11 per share. All segments of the Google-parent company's businesses — Search nearly came in line with estimates — outpaced Wall Street's revenue forecasts. Roth Capital Partners managing director and senior research analyst Rohit Kulkarni comes on Market Domination Overtime to share his reaction to Alphabet's latest earnings release.

Alphabet earnings out: The biggest takeaways for investors
Yahoo Finance Video25d agoneutralVIDEO
Alphabet earnings out: The biggest takeaways for investors

Market Domination Overtime Host Josh Lipton welcomes Senior Business Reporter Brooke DiPalma and Markets and Data Editor Jared Blikre to share breaking news of Alphabet's (GOOGL, GOOG) latest earnings results, highlighting the key numbers and what the report means for the tech giant's outlook.