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Alphabet shares fell Wednesday night after Google’s parent company reported strong but positive second-quarter results. While the introduction of artificial intelligence is driving sales growth, it is also increasing the level of capital investment. And that doesn’t seem to be changing any time soon. According to LSEG data, second-quarter sales rose 24% year over year to $119.8 billion, significantly exceeding expectations of $116.9 billion. Earnings per share were $9.11. This is significantly higher than the consensus estimate of $2.89 compiled by LSEG. But the results included a huge ($99 billion) contribution from equity gains from SpaceX and Anthropic stocks. Excluding…
A woman walks past war-themed graffiti and murals painted on walls along a street in the capital, Tehran, July 22, 2026, as daily life continues under the shadow of rising military tensions between the United States and Iran and as air defense systems are activated at night. Fatemeh Bahrami | Anadolu | Getty ImagesHello, my name is Hui Jie from Singapore. Welcome to another edition of CNBC’s Daily Open.US President Donald Trump has stepped up his threats against Iran, saying he will bomb power plants and bridges in the country if it continues to attack ships in the Strait of…
Israeli workplace software maker Monday.com will lay off hundreds of employees as part of a restructuring plan to refocus investment in AI projects. The company said it will reduce its workforce by 20%, or about 630 people, to “support a leaner and more focused operating model” as it focuses on its AI work platform. Earlier this year, Monday.com made a major pivot to making its AI platform a core offering and redesigned its entire offering, based on the idea that enterprise customers increasingly want AI agents to work alongside their employees. The AI Work Platform currently consists of a no-code…
(LR) January 20, 2025, Google CEO Sundar Pichai attends the inauguration ceremony of Donald Trump as the 47th President of the United States at the U.S. Capitol Rotunda in Washington, D.C. Google CEO Sundar Pichai speaks, and Tesla and SpaceX CEO Elon Musk arrive. Saul Loeb | via Reuterswhen alphabet and tesla Tech earnings season kicked off Wednesday, but one theme quickly became clear. That means spending on AI is under the microscope. Both companies reported negative free cash flow for the latest quarter and urged investors to prepare for increased capital spending. Both companies reported better-than-expected sales, but it…
“I was like, ‘I really care about you. I don’t want to ruin anything, so I’m going to leave before it gets too big,'” she explained during an appearance on the WTF podcast with Marc Maron in 2018. “And he was like, ‘Okay.’ And the next day he showed up at my house and said, ‘Let’s move in together,’ and I said, ‘Okay.’ Not every deal made with a handshake ends in an 11-year marriage and a few kids. Long before he fell in love with Gigi Hadid, Bradley Cooper had a shady relationship with his high school best friend.…
Rapid Action Force (RAF) members fire tear gas to disperse supporters of the Cockroach Janta Party (CJP) during a protest demanding the resignation of India’s Education Minister Dharmendra Pradhan over allegations of NEET exam fraud in New Delhi on July 20, 2026. On July 20, Indian police fired tear gas and charged with batons at demonstrators who tried to march on parliament in New Delhi to demand the resignation of the education minister over corruption scandals. In major exams. (Photo by Arun SANKAR/AFP via Getty Images)Arun Sankar | AFP | Getty ImagesThousands of Gen Z student protesters, led by the…
As social media evolves from a place to connect with friends to a massive entertainment platform, a startup called Yope is quietly building what it believes will be the future of online connectivity: social networking without algorithms, ads, or public content. Yope’s app, currently backed by a $12.3 million round led by Northzone, is taking on big tech companies like Facebook, TikTok, Snapchat, and Instagram by building a social platform centered around what it calls “microcommunities,” small groups of friends and family who interact privately, share photos, videos, messages, and, soon, play games. The idea of building private, algorithm-free social…
As the United States and Iran continue their daily attacks, Iran and the United States are also escalating their war of words, with both leaders threatening to respond more aggressively to any attacks. “Our defense principles are clear: an eye for an eye,” Iranian Foreign Minister Abbas Araghchi said in a post on X late Wednesday local time. He added: “Any attack on Iran, including on our infrastructure, will require a strong and decisive response.” Trump’s comments: Aragushi’s comments came after US President Donald Trump said on Wednesday that every time Iran targets a ship passing through the Strait of…
Kyla Greene & Cashel Barnett: SplitThe piece was one of the most unexpected couplings of the US version, with Kyla choosing to leave the show during the first season after sending Cashel home to see if she still had a shot with him… only to find out he was already back. Unfortunately, the couple, who had an interest in music, broke up in October 2019. By the end of November they had reconciled. However, Kaila and Cashel permanently ended their relationship in February 2020. “It worked,” he said on the #NoFilter podcast. “I think we’re just in different places in…
The CXMT logo appears on the screen of a smartphone placed on a reflective surface with the Chinese flag projected on it on July 17, 2026 in Creteil, France. China’s DRAM memory chip giant Changxin Memory Technology’s initial public offering (IPO) attracted attention on Shanghai’s STAR market, raising nearly $8.6 billion. Null Photo | Null Photo | Getty ImagesCryptocurrency traders have set the stock price of Changxin Memory Technology, China’s largest memory chip maker, at a level that would make it the most valuable mainland-listed company, days ahead of its record debut in Shanghai.Crypto startup Trade.xyz is offering CXMT-linked contracts…