Meta and Google enlisted trusted children's brands such as Sesame Street, Girl Scouts and Highlights magazine to teach kids to use technology in moderation - even as the companies designed apps that made it difficult for those same young users to unplug, public statements and internal documents show.
On Tuesday, Isomorphic Labs, the Alphabet-founded firm that uses AI to accelerate drug development, said that it had raised $2.1 billion from investors led by Thrive Capital. That's a boatload of cash for a drug developer, and represents the second largest ever fundraise for a biotech company behind only Altos Labs, according to trade publication Endpoints News.
The mouse pointer hasn't changed much since 1984. Google DeepMind thinks that's the problem.
Shares of Alphabet Inc. (GOOGL) rose 1.86% on Wednesday as investors responded to continued growth in the company's Waymo autonomous vehicle business and reports that Google is exploring orbital artificial intelligence data centers alongside SpaceX. The benchmark index S&P 500 was up 0.04% while the Nasdaq Composite gained 0.44%.
Alphabet (GOOG) remains a very soft 'buy' as robust growth in revenue, profits, and cash flow continues. GOOG's Google Cloud segment is the primary growth engine, with Q1 2026 revenue up to $20.03B and margins rising to 32.94%. Massive capital investments—$180–$190B planned this year—are driving backlog above $460B and supporting future expansion.
Moving across market caps has kept the Chase Growth Fund agile and one step ahead of the S&P 500.
Alphabet (GOOG) is a premier AI play, excelling in both software and hardware, with near-unmatched synergy and adoption across the industry. GOOG's financials are exceptional: Q1 2026 revenue up 22% to $109.8B, net income up 81%, and net margin at 37.9%, far outpacing peers. Strategic wins include Google Gemini's rapid LLM market share gains and pivotal partnerships with Apple and Anthropic, reinforcing GOOG's AI ecosystem.
Commentary: Between Android 17 and the new Googlebooks, Gemini is the new Google.
The latest Android update gives Gemini more control over your apps and tasks. It could be the start of a wider shift in how we use our phones.
Alphabet Inc. delivered exceptional Q1 results, with 22% YoY revenue growth and significant margin expansion across core businesses. GOOGL's Google Cloud revenue surged 63% YoY, with operating margins rising 1510 bps YoY and Cloud RPO doubling sequentially to $467.6 billion. Valuation now appears stretched at 28x forward P/E, with SOTP and investee stakes suggesting that the stock is fairly valued near current levels.
The companies are reportedly in discussions over potential space-based data centers.
Google and SpaceX are in talks to launch orbital data centers in space, reports The Wall Street Journal, citing sources familiar with the matter.