Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY — Alphabet Inc. projected full-year capital expenditures will be $195 billion to $205 billion in 2026, increasing …
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Google says its cloud computing unit had a $514B backlog of contracted work that hasn't been recorded as revenue yet, up from ~$460B held during Q1 — Alphabet Inc. said its cloud computing unit had a $514 billion backlog of contracted work that hasn't been recorded as revenue yet …
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The SEC agrees to pay $150,000 in legal fees to end Coinbase's 2024 lawsuit seeking internal docs on the regulator's Biden-era crackdown on the crypto industry — The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to end Coinbase Global Inc.'s 2024 lawsuit seeking …
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ServiceNow reports Q2 subscription revenue up 24.5% YoY to $3.88B, increases full year subscription revenue growth estimate to 23%; NOW jumps 4%+ after hours — ServiceNow Inc. reported better-than-expected quarterly sales and bookings, boosting Wall Street's hopes that the software maker's …
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Reddit's stock closed down 8.32% after a report that the company was considering ending Google's access to its content for AI training; RDDT is down ~26% YTD — Shares of Reddit slid 9% on Wednesday after the Wall Street Journal reported the company has discussed shutting off Google's access …
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