Alphabet said it plans about $75 billion in capital expenditures this year. Analysts surveyed by Bloomberg had expected $57.9 billion. Big Tech companies have been increasingly under scrutiny for ...

Google parent Alphabet (GOOGL) said it plans to invest $75 billion in capital expenditures this year, as it joins Big Tech rivals in accelerating spending on artificial intelligence infrastructure.

U.S. stock futures were lower this morning, with the Nasdaq futures falling over 150 points on Wednesday. Shares of Advanced Micro Devices, Inc. AMD declined 8.6% to $109.26 in pre-market trading.

Big Tech stocks were under pressure Wednesday, as shares of U.S. stock market giants, including Google parent Alphabet Inc., struggled in the wake of their recently reported earnings results.

Alphabet's plans to keep spending big on artificial intelligence is helping chip stocks on Wednesday. In its earnings call on Tuesday, Alphabet told investors it plans to spend $75 billion on ...

Alphabet has seen 'one of the more negative reactions to earnings reports this earnings season,' says Bespoke Investment Group Big Tech stocks were under pressure on Wednesday, as shares of U.S ...

Amazon is leading the charge, having recently committed over $100bn to AI infrastructure this year, surpassing Microsoft, Alphabet and Meta ... concerns about big spending on AI-related ...

According to The Verge, Sonos is planning to launch a streaming box, with a price tag between $200 and $400. The product, codenamed Pinewood, is going to be Android-based. It's going to look like ...

“Google Cloud was positioned as Alphabet's next big driver of growth, but the miss on cloud revenue has left Wall Street concerned about the company's AI investments. Investors had hoped these ...