Alphabet’s Cloud Revenue Doubled and Its Stock Still Fell 10%: Why the AI Race Is Now a Cash-Flow Test
Google Cloud revenue more than doubled, and Alphabet’s stock still fell about 10%. The reason was negative $9.1 billion in free cash flow, while Microsoft spent big on AI and still generated $18.6 billion. Here’s why investors now judge AI spending by whether it pays for itself, and what to watch when Amazon reports tonight.
OpenAI Reportedly Plans to Buy Google's AI Chips: Why the AI Chip Market Is Turning From a Monopoly Into a Marketplace
One of Nvidia's biggest customers just went shopping somewhere else. OpenAI reportedly plans to buy Google's TPU chips, and Oracle will offer them on its cloud starting in 2027. Here's why AI companies want more than one source of compute, what it means for Nvidia's leverage, and what to listen for when Alphabet reports tonight.