News

Alphabet (GOOG.O) CFO said the company is revising 2026 full-year capital expenditure guidance to $195–205 bln.

Alphabet (GOOG.O) Chief Financial Officer: We have adjusted our full-year capital expenditure guidance range for 2026 to US$195 billion to US$205 billion.

Alphabet (GOOG.O) CFO said that, given current compute capacity constraints, the company plans to increase use of third-party compute resources in Q3 while continuing to expand its internal compute infrastructure.

Alphabet (GOOG.O) Chief Financial Officer: In view of the current constraints on computing power, we plan to expand the use of third-party computing resources in the third quarter, while continuing to build and expand internal computing infrastructure.

Alphabet (GOOG.O) CEO says the company will begin recognizing TPU sales revenue starting in Q2.

Alphabet (GOOG.O) CEO: TPU sales revenue will be recognized starting in the second quarter.

Alphabet (GOOG.O) CEO: Our supply-side constraints remain.

Alphabet (GOOG.O) CEO: Our supply side is still constrained.

US President Trump: We will face a government shutdown in September.

Alphabet (GOOG.O) CEO said Google Cloud's Q2 backlog rose to $514 billion.

Alphabet (GOOG.O) CEO: Google Cloud’s order backlog increased to US$514 billion in the second quarter.

U.S. Department of Energy: The cooperation agreement between the United States and Saudi Arabia will be submitted to the U.S. Congress for review.

U.S. Department of Energy: Cooperation between the United States and Saudi Arabia will expand U.S. nuclear technology exports.

U.S. Department of Energy: The agreement lays the foundation for a multi-decade, multi-billion-dollar partnership that will advance multiple economic and strategic priorities, including nuclear non-proliferation.

U.S. Department of Energy: The United States and Saudi Arabia signed a nuclear energy cooperation agreement and a supporting bilateral nuclear security agreement.

Alphabet said Q2 capital expenditure doubled to $44.9 bln from $22.4 bln a year earlier as it accelerates investment in AI infrastructure and global compute. The company raised $49.6 bln through an equity issuance and said proceeds will support capex and other corporate uses. Q2 EPS was $9.11 versus analysts’ $2.88 estimate; revenue rose 24% YoY to $119.8 bln, above consensus $116.5 bln. Operating profit increased 30% and operating margin widened to 34%. Growth was led by Google Cloud, which posted revenue up 82% YoY to $24.8 bln.

Alphabet reported Q2 (quarter ended June 30) cloud revenue of $24.77 bln, up 82% YoY and above analysts' $22.34 bln estimate. Search advertising revenue was $63.27 bln, marginally below the $63.28 bln forecast. The mix — cloud beat, search slight miss — may heighten market concern over Alphabet's large AI-related spending. Alphabet is the first major U.S. tech company to report this quarter, offering an early read on sector results.

Alphabet (GOOG.O) has reached an equity allocation agreement and will issue up to $40 bln of Class A and Class C shares under a market trading plan.

Alphabet (GOOG.O): It has reached an equity distribution agreement and will issue up to $40 billion of Class A and Class C shares through a market trading plan.

IBM (IBM.N) Q2 2026 EPS $2.27, down from $2.31 a year earlier and below the $2.44 market consensus.