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Google parent Alphabet reports fiscal second-quarter results after the bell. Here’s what analysts are expecting, according to LSEG.Earnings per share: $2.89Revenue: $116.9 billion estimatedGoogle’s earnings mark the first major test this earnings season for the ballooning capital expenditures trade fueling the artificial intelligence revolution.In recent months, technology giants have poured billions into building new data center infrastructure to keep pace with skyrocketing demand for compute. But those massive investments have started to raise questions over the sustainability of long-term demand. Consensus estimates from FactSet expect $187.1 billion in capex this year for Alphabet. Google’s AI pipeline is also top of…
US politicians pitch aviation, space business at Farnborough Airshow Source link
A photon is a single particle of light, and under normal circumstances, it can’t be divided. But a photon is also not a particle, in the sense that it does not have a specific location. Instead, it is an extended object. So if a photon is only partway through the process of reflecting from a perfect mirror and you yank the mirror away, what happens? The answer, from a trio of Norwegian physicists, turns out (arxiv.org link) to be more complex than I expected. A photon divided? Let’s first talk briefly about dividing and combining photons. If this were a…
The U.S. House is due to take up legislation Wednesday afternoon that would stop members of Congress from buying individual stocks while in office, potentially taking the first meaningful action on an issue that has dogged lawmakers for years.There is broad public support for a ban on members of Congress trading while in office, as lawmakers’ well-timed trades and booming portfolios have raised insider trading concerns among ethics watchdogs and drawn intense public scrutiny going back decades.But the GOP-led legislation before the House, dubbed the Stop Insider Trading Act, falls well short of what the most vocal advocates of a…
Iran’s Houthi allies in Yemen have completed preparations to attack ships transiting the Red Sea’s southern access point, a maritime security group led by the U.S. Navy has warned. “Sources close to the group stated that the Houthis have completed preparations to attack shipping, including the deployment of missiles and drones positioned near Bab el-Mandeb,” the Joint Maritime Information Center, or JMIC, told mariners in a notice Tuesday. The center, headquartered in Bahrain, provides security updates to commercial ships in the Middle East. The Houthis have repeatedly threatened to close the Bab el-Mandeb Strait during the U.S.-Iran war. The strait…
Investing.com – Morocco stocks were higher after the close on Wednesday, as gains in the Banking, Beverage and Transport sectors led shares higher. At the close in Casablanca, the Moroccan All Shares added 0.23%. The best performers of the session on the Moroccan All Shares were SMI (), which rose 4.77% or 287.00 points to trade at 6,299.00 at the close. Meanwhile, Marocaine pour le Commerce et l’Industrie Banque SA () added 4.61% or 27.00 points to end at 608.00 and Fenie Brossette () was up 4.09% or 10.95 points to 278.50 in late trade. The worst performers of the…
Shares of Reddit slid 9% on Wednesday after the Wall Street Journal reported the company has discussed shutting off Google’s access to its content for artificial intelligence use. Reddit stock is down roughly 19% year-to-date. The two companies struck a deal in 2024 to allow the search giant to train its AI models on Reddit’s content. But as Google’s AI summaries reduced traffic to websites from the search results page, Reddit is reconsidering the benefits of the deal, according to the Journal, citing people familiar with the matter.The search traffic trend can be seen on other sites as well, with…
During his speech, Streeting said the government has “agreed more than £11.8bn worth of contracts” in the 10 days since the publication of the Dip.Streeting added: “But investment is only one side of the coin because while we will always back our brave men and women who serve, ensuring they have the resources and the kit that they need, we also owe it to them and to the whole country to ensure that every penny is spent wisely.”Modernisation without investment is impractical, but investment without modernisation is irresponsible.”Streeting said he embarked on a “bold programme of reform and modernisation” during…
MANILA, PHILIPPINES – JULY 22: US Secretary of State Marco Rubio attends the ASEAN Post Ministerial Conference with the United States during the ASEAN Foreign Ministers’ Meeting at the Philippine International Convention Center on July 22, 2026 in Pasay, Metro Manila, Philippines. Pool | Getty Images News | Getty ImagesPresident Donald Trump on Wednesday vowed that the U.S. will blow up an Iranian bridge or power plant — including those in the country’s capital city of Tehran — every time Iran shoots at a ship in the Strait of Hormuz.The threat, delivered via a Truth Social post, ratchets up hostilities…
Investing.com — Stifel upgraded DigitalOcean Holdings to Buy from Hold and raised its price target to $160 from $135, arguing that growing demand for AI infrastructure, higher GPU pricing and additional capacity expansion should drive stronger earnings and revenue growth over the next several years. The brokerage said recent developments have strengthened its outlook, including DigitalOcean’s decision to increase prices for its GPU instances, which it expects will lift revenue generated per megawatt of capacity into the mid-to-high teens. It also pointed to the company’s recent debt-for-equity conversion, saying the move frees up financing for future data center expansion while keeping…