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RARE PHOTOS: 6 | Rare Historical Photos

Demis Hassabis steps down from Google DeepMind CEO role amid a major AI leadership shake-up

Google DeepMind is undergoing a major restructuring following model delays and a string of high-profile exits.

Fortune

Alphabet Stock Dives as Key AI Leadership Exits

Alphabet Inc (NASDAQ:GOOG) shares are dropping Wednesday after the company’s longtime chief scientist announced he is leaving to launch an AI startup. Here’s what you need to know.

Benzinga

Google shakes up AI leadership as DeepMind CEO Demis Hassabis shifts role

Google's AI division sees a significant leadership overhaul and key departures. Demis Hassabis moves to chief scientist while Koray Kavukcuoglu takes over daily operations. Several prominent AI engineers, including Jeff Dean, have left to form a new startup. This shakeup occurs as Google's Gemini model faces launch delays and competitive…

The Economic Times

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Trump's Portfolio Makes New AI Bets on Google and Meta. Analysts See Up to 39% Upside

According to financial disclosures filed with the U.S. Office of Government Ethics, investment accounts linked to Trump completed more than 6,200 stock trades through May.

International Business Times

Global Market: Oracle's AI spending spree pushes credit rating to brink of junk status

Oracle's debt-funded AI expansion has intensified concerns over its financial health, with rating agencies warning of rising leverage as the company moves closer to junk status despite strong revenue growth.

The Economic Times

What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demand

Amazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increased investor confidence in artificial intelligence. The company's cloud services showed significant growth, exceeding expectations and boosting its valuation. Amazon anticipates substantial capital expenditures to meet future artificial intelligence…

The Economic Times

Amazon CEO Andy Jassy's AI Spending Pitch Won Wall Street Over, Jim Cramer Says— While Meta and Alphabet Are Still Struggling to Explain Theirs: 'The Same Numbers...'

CNBC’s Jim Cramer said Monday that Amazon.Com Inc (NASDAQ:AMZN) CEO Andy Jassy’s explanation of the company’s artificial intelligence (AI) spending during its latest earnings call changed how Wall Street views Big Tech’s multibillion-dollar AI investments.

Benzinga

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Amazon, Alphabet Lead 'AI Debt Tsunami' Now Blamed for 20-Year-High Rates

Long-term interest rates have climbed to their highest levels in two decades, and hyperscaler debt issuance is emerging as a key culprit.

Benzinga

Here’s What Magnificent 7 Earnings Tell Us About the AI Trade in 2026

The Magnificent 7 companies, except Nvidia, have reported their June quarter earnings. Here are the key takeaways from their earnings and the implications for the AI trade.

Barchart

US equity funds see inflows as AI optimism revives demand for tech stocks

US equity funds attracted significant investor inflows, reversing prior withdrawals. Renewed confidence in artificial intelligence and strong tech earnings boosted investor sentiment. Largecap funds received the largest share of these substantial new investments. Meanwhile, demand for US bond funds moderated, showing slower inflows. Money market funds continued to experience investor…

The Economic Times

Wall Street Is Rewarding AI Results, Not Just AI Spending

The market is buying CEO Andy Jassy's spending plan for Amazon.

Barchart

Quote of the day by investor Warren Buffett on AI capex: "That's real money... That kind of money wasn't even put in the railroad business" — outlining his bullish long-term thesis on AI

AI companies are depleting their cash reserves and pouring historic levels of money into the AI buildout

TechRadar

Google Piles On Off-Balance-Sheet Risk to Fuel Its AI Chip Push

Google's AI ambitions come with growing hidden risks. Alphabet has amassed over $150 billion in off-balance-sheet commitments as it guarantees data center leases to accelerate TPU adoption.

Barchart

MarketBeat Week in Review – 07/27- 07/31

A weekly roundup covering Magnificent Seven earnings, Fed rate pauses, U.S.-Iran tensions, and MarketBeat analysts' takes on stocks including Microsoft, Alphabet, Broadcom, Tesla, and UnitedHealth.

MarketBeat

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The Economic Times

Alphabet rolls back AI image generation in Google Earth over policy violations

The tool had come under criticism for its potential for misinformation as it allowed users to create fake scenarios on top of ⁠real imagery ‌of monuments and landmarks. Google did not specify what types of images violated its policies. It said the images did not appear ‌in the main Google…

International Business Times

Apple Plans To Launch An AI-Powered Siri. But Some People Might Have To Pay For It.

As Apple prepares to launch an AI-powered Siri sometime this fall, the company also is considering whether it should charge for access for people who use it a lot.

The Economic Times

US stocks: Nasdaq leads US market gains as Amazon rally offsets Apple decline

The Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intelligence returns among major tech firms. The Dow Jones Industrial Average saw a slight increase at the opening bell. The S&P 500 also rose, reflecting positive market sentiment. The Nasdaq Composite…

International Business Times UK

'The Market Has Voted': Michael Burry Warns Big Tech's AI Spending Is Harming Stocks While Apple Wins

How AI investment strategies are impacting major US tech firms and what a potential market correction could mean for UK pension holders, according to Michael Burry's analysis.

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The Economic Times

Amazon soars as cloud revenue surge allays fears over ballooning AI bets

Amazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the company's substantial artificial intelligence investments. The tech giant posted its strongest cloud growth in over four years. This indicates a fresh wave of demand justifying increased capital spending plans. Amazon's results show measurable…

Benzinga

Gary Black Says Meta Stock Could Mirror Alphabet's Post-Earnings Recovery: Here's Why the Analyst Calls Google 'The Better Business'

The Future Fund‘s Gary Black said Meta Platforms Inc.‘s (NASDAQ:META) post-earnings selloff could mirror Google parent Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) recovery over this week, as investors look past conservative guidance and one-time items.

The Economic Times

US stocks: US market ends sharply higher, lifted by soaring Microsoft

Wall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about massive artificial intelligence infrastructure spending. Other tech giants like Alphabet and Meta faced pressure from significant AI investment costs. The PHLX chip index saw substantial gains, with several companies reporting increases.…

Barchart

Steve Eisman Says Cutting AI Capex Would Sink the Market. Spending Too Much Could Be Just as Dangerous for Hyperscaler Stocks.

Steve Eisman warns that cutting AI capital expenditures could trigger a broad market selloff. But investors should also consider whether ever-rising hyperscaler spending carries risks of its own.

MarketBeat

Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending

Meta shares fell about 6% after Q2 earnings showed an EPS miss driven by legal and severance charges, soft Q3 guidance, and free cash flow dropping to $784 million amid heavy AI spending.

The Economic Times

Meta's AI splurge lays bare its compute conundrum

The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free cash flow of just $784 million in the second quarter to run and grow its business. That collapse, of 91% from a year ago, drove its…

MarketBeat

DoorDash's Drone Certification Could Reshape Its Delivery Margins

DoorDash secured FAA Part 135 air carrier certification, joining Amazon Prime Air and Alphabet's Wing in drone delivery, potentially shifting its cost structure from variable labor to fixed-asset logistics.

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