Analysts at Barclays project that a new 'TPU-as-a-service' model could boost Alphabet's 2028 gross profit by over 15%, an opportunity they believe is currently underestimated by the market.
Major North American railroad operators beat second-quarter 2026 earnings and revenue estimates, but investor focus is shifting to a proposed merger between Union Pacific and Norfolk Southern that could reshape the industry.
Cadillac Mines Corp. and its backers raised C$385 million ($273 million) in an enlarged initial public offering, signaling strong investor demand and contributing to a rebound in Canadian mining sector listings.
Alphabet is increasing its capital expenditure budget to outsource AI compute, a direct boon for neocloud providers. However, key players like CoreWeave and Nebius saw their stocks fall on concerns over potential price competition from SpaceX.
Investors are closely watching Amazon's upcoming Q2 earnings for confirmation of its nearly $200 billion capital expenditure plan for 2026, a figure that puts it head-to-head with Google in the AI infrastructure arms race.
The cost to insure against an Oracle default has surged to an all-time high as its credit rating sits one notch above 'junk' status. The market's anxiety stems from the company's massive debt-fueled investment in AI infrastructure, which has turned its free cash flow negative.
Shares of ServiceNow have fallen over 50% from their 52-week high amid margin pressures from AI investments, but analysts maintain a bullish outlook, citing strong growth and forecasting a significant recovery.
The asset manager is marketing a massive investment-grade bond deal to fund a 1-gigawatt data center in Texas, a key test of investor appetite for large-scale AI infrastructure projects.
The U.S. Department of the Treasury has once again extended the deadline for specific transactions with a subsidiary of Russian oil giant Lukoil. The new deadline, related to sanctions over the war in Ukraine, is now set for August 22.
