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Cathie Wood's Ark Invest has warmed up some of the cheaper Magnificent Seven members of late, recently picking up a big chunk of shares of Alphabet (NASDAQ:GOOG | GOOG Price Prediction), reportedly worth less than $30 million, in addition to Meta Platforms (NASDAQ:META).
Maybe the hundreds of billions that some of the big tech titans are investing in CapEx will prove too little.
Google's virtual Android event will arrive one week before I/O 2026, where the company is expected to spotlight Android, Gemini and its broader AI push.
"Scores" of workers at Google DeepMind, the company's British AI research arm, are demanding union recognition over the use of their work by Israel and the US military.
Alphabet Inc. reported ~$20B Cloud revenue in Q1, growing 63% YoY and significantly outpacing overall company topline expansion. Google Cloud backlog surged to ~$462B, nearly doubling QoQ, with over 50% expected to convert into revenue within 24 months. Enterprise AI adoption accelerated sharply, with AI-driven product revenue up ~800% YoY and new client acquisition doubling during Q1.
Alphabet on Tuesday disclosed that it was selling euro-denominated bonds across six tranches, months after it raised about $32 billion in debt by tapping the dollar, sterling and Swiss franc markets.
UK Google DeepMind employees have voted to unionize over the company's AI military deals. The move was sparked by Google's deal with the Pentagon and its work with Israel.
Waymo CEO Dmitri Dolgov said tech breakthroughs spark hype cycles where startups rush in but don't last. He said that to survive beyond one hype cycle, startups should work on addressing complex edge cases.
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) just delivered a standout Q1, and our model points to additional upside.
Alphabet (NASDAQ: GOOGL) trades at $344.40, while Wall Street's consensus price target sits at $377.29, implying the stock has roughly 9.5% upside.
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