Google's AI Investments Pay Off as Cloud and Ad Revenue Surge Past Expectations
Alphabet exceeds Q3 revenue forecasts with strong cloud growth and advertising performance, while boosting AI spending to $91-93B despite economic uncertainties.
Alphabet exceeds Q3 revenue forecasts with strong cloud growth and advertising performance, while boosting AI spending to $91-93B despite economic uncertainties.
Meta announces significantly higher 2026 expenses with $70-72B in 2025 capital expenditures as AI investments continue. Q3 revenue beats estimates at $51.2B despite $15.9B tax charge.
Verizon's Q3 results show revenue gains and subscriber growth under new CEO Dan Schulman, who promises aggressive transformation to reclaim market share from AT&T and T-Mobile.
NVIDIA makes a $1 billion equity investment in Nokia, acquiring a 2.9% stake to boost AI-driven 5G and 6G innovation. The partnership aims to strengthen Nokia’s role in AI networking and data center solutions.
Grindr's majority shareholders propose $18 per share buyout to take the dating app private. 51% premium offer targets Q1 2026 closing.
Globalstar chairman James Monroe discusses potential $10B+ sale while SpaceX positions itself to compete with Apple's satellite iPhone features.