Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump

Published on July 24, 2025

Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.

Continue reading on website
Other news

Blackstone Profit Jumps 25% on Retail, Evergreen Fees

July 24, 2025
Blackstone Inc. reported a 25% jump in distributable earnings for the second quarter, buoyed by profits from its retail and evergreen funds.

New Home Sales Inch Up 0.6% in June

July 24, 2025
New home sales inched up in June but still came in lower than expected. Meanwhile the median price for a new home remained above $400,000 for a seventh straight month.