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Bloomberg

Alphabet Falls as $205 Billion Spending Plan Fuels AI Cost Fear

Alphabet Inc. raised its capital spending forecast to a range of $195 billion to $205 billion this year, up from a previous forecast of $190 billion. The company's quarterly cash flow was negative for the first time since going public, with negative free cash flow of $5.9 billion in the period, and its cloud revenue totaled $24.77 billion, up 82% from a year earlier. Bloomberg's Mandeep Singh joins to discuss.

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Bloomberg

Alphabet Accelerates Its AI Investment

Google's parent company Alphabet raised the top end of its CapEx plan for this year to $205 billion, but discipline on spending is becoming a concern. Eric Sheridan, Goldman Sachs co-business unit leader of its Technology, Media and Telecommunications Group in global investment research, says Alphabet is well positioned to benefit from the growing demand for AI across both consumer and enterprise markets. He joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg

IBM CEO on AI Spending, Mainframes and Quantum

IBM shares came under pressure after weaker-than-expected mainframe sales weighed on the company's outlook. CEO Arvind Krishna joins Bloomberg to explain why he sees the slowdown as temporary, how AI is reshaping enterprise technology spending, and why he's betting on quantum computing as IBM's next major growth engine. He speaks to Bloomberg's Ed Ludlow and Romaine Bostick on "Bloomberg Tech."

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Bloomberg

US Treasury Yields Rise to 2026 Highs With Oil Sparking Fed Bets

US Treasury yields rose to their highest levels of the year as the threat of escalation in the Iran war sent oil prices higher and boosted bets that the Federal Reserve could raise interest rates as soon as next week. The yield on two-year notes, which are particularly sensitive to expectations for Fed policy, climbed on Thursday by about 6 basis points to around 4.36%, reaching the highest since early 2025. Charles Tan, CIO at American Century Investments, discusses fixed income crosscurrents and the Fed.

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Bloomberg

American Airlines Moves on Earnings; Lockheed Martin Up on FY Guidance | Stock Movers

On this episode of Stock Movers: - American Airlines (AAL) shares are moving as it cut 2026 earnings guidance for the second time in three months amid persistently high fuel prices because of the war in Iran. - T-Mobile (TMUS) shares are falling after the telecom company reported second-quarter revenue that missed expectations. However, the report also showed Postpaid net accounts for the second quarter that beat the average analyst estimate. - Lockheed Martin (LMT) shares jumped after the military contractor raised its full-year outlook for earnings per share to a range above the average analyst estimate.

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Bloomberg

How Should Prediction Markets Like Kalshi and Polymarket Be Regulated?

In this video, we explain how prediction markets work, why states and the Commodity Futures Trading Commission disagree over who has authority to regulate them, how courts have responded to the growing number of lawsuits, and why the answers could reshape the future of sports betting, event contracts, and prediction markets in the US. (Produced by Andrew Satter; Executive Producer Josh Block). Original filename: premarkbn.mxf

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