Alongside its announcement of a new lineup of Pixel 11 smartphones, Google on Wednesday introduced its answer to Apple's AirTag. At its livestreamed “Made by Google '26” event, the company unveiled a new product designed for keeping track of your valuable items: the $29 Google Pixel Tag.
Meta (NASDAQ: META | META Price Prediction) and Alphabet (NASDAQ: GOOGL) reported Q2 2026 earnings this summer with opposite profitability trajectories.
At $343.80, Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) looks mispriced.
Alphabet (GOOGL) delivered a historic Q2 2026, with 24% YoY revenue growth to $119.8B and 82% YoY Cloud growth, affirming its AI leadership. GOOGL's $514B Cloud backlog, expanding operating margins, and accelerating TPU system sales position it for multi-year earnings and revenue upside. Despite significant CapEx increases and new leverage, GOOGL's robust cash flow and full-stack AI ecosystem de-risk forward estimates and support a bullish rating.
Google shares fell 3.4% to $343.89 about an hour before the closing bell Tuesday, pacing for an 8.4% decline in the past five trading sessions. However, the tech giant's stock is up 9.6% on the year.
In a significant milestone for Google, CEO Sundar Pichai announced via X that the Gemini app has become one of the company's fastest-growing products, recently surpassing 1 billion monthly active users. Pichai also noted it was the 14th Google product to hit the 1 billion mark.
A federation of nearly 300 French newspapers said Tuesday that it filed a complaint with the country's competition authority over Google's new AI-generated search-result summaries, fearing the feature will erode traffic to their websites.
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Jeff Dean shared details of his final two days at Google, from breaking the news to a soccer match and late-night messaging. Dean left his role as Google's chief scientist after spending decades at the company.
Twice in one month, companies full of exceptionally smart people shipped AI features capable of producing convincing synthetic imagery that could be misrepresented as evidence, watched the public demonstrate the risk within hours or days and then withdrew, restricted or revised the feature. The question is no longer whether these tools can be misused.
Damian Mansell was stunned to see what Google was saying about his nascent business. When he searched for reviews of The Plastics Shed — the online building-plastics supplier he incorporated at the start of 2025 — the platform's AI overview said customer feedback was "overwhelmingly negative.
GOOGL boosts 2026 capex to $205B, signaling stronger AI demand. Read on to explore ETFs poised to benefit from the next wave of AI spending.