Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Alphabet's AI Spending Spree Burns $5.9B in Free Cash Flow, Guidance Raised
Alphabet reported its first quarter of negative free cash flow since going public, burning $5.9 billion as AI investment surged. The company
Reddit's US User Growth Fuels Ad Revenue Ahead of Q2 Results
Wedbush Securities predicts Reddit will report a strong Q2 on July 30, driven by faster US user growth and improved advertising tools. The f
Morgan Stanley Sees Brighter Texas Instruments Cycle, But Stays Underweight
Morgan Stanley says Texas Instruments' demand cycle is strengthening, with Q3 guidance above expectations and auto demand improving. However
Morgan Stanley: Alphabet's TPU Business and Gemini 4 Are Key AI Tests
Morgan Stanley says Alphabet's Tensor Processing Units could become a major business, but the launch schedule for Gemini 3.5 Pro and Gemini
Databricks Deepens Microsoft Azure Ties for Agentic AI Push into 2030s
Databricks is expanding its partnership with Microsoft, committing to Azure and Cobalt chips through the 2030s. The move supports its push i
Peacock Turns First Quarterly Profit, Adds 2 Million Subscribers
Comcast's Peacock streaming service achieved its first quarterly profit, reporting $189 million in pre-tax earnings and adding 2 million pai
Anthropic Weighs Pre-IPO Stock Sale Rules for Employees Ahead of Public Debut
Anthropic, the maker of Claude AI, is exploring internal rules for employee stock sales ahead of a potential IPO. The company is considering
T-Mobile's Plan Shake-Up: Higher Prices, Higher Churn, and a Test of Loyalty
T-Mobile is retiring older wireless plans and pushing customers onto pricier new tiers. The carrier guided to 250,000 third-quarter postpaid
Paytm, CRED, Others Warn NPCI That Default UPI Option Could Cement Google Pay, PhonePe Dominance
Paytm, CRED, and other Indian payments apps are pushing back against a plan that would let merchants save a customer’s default UPI option fo
Ethio Telecom Profit Surges 47.5% as Mobile Money and Subscriber Growth Accelerate
Ethio Telecom's EBIT jumped 47.5% to 92.9 billion birr as subscribers reached 90.12 million and Telebirr users hit 60.6 million. The results
Elon Musk Proposes AI Industry Peer Reviews to Self-Regulate Frontier Models
Elon Musk wants top AI labs to regularly peer-review each other's most advanced systems before release. He says government should only step
Infosys Cuts Growth Forecast, Names Ashiss Kumar Dash as Next CEO
Infosys lowered its top-end revenue growth forecast to 3% after missing estimates, as clients delay decisions and shift spending due to AI.