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Broadcom Q3 Earnings Call Highlights
MarketBeat16d agoneutral
Broadcom Q3 Earnings Call Highlights

Broadcom (NASDAQ:AVGO) reported record third-quarter fiscal 2026 revenue, operating income and free cash flow, driven by sharply higher demand for artificial intelligence semiconductors and custom AI accelerators. Revenue rose 86% year over year to $29.6 billion, while operating income increased 92

Stocks Rise As Middle East Tensions Fray
The Wall Street Journal16d agoneutral
Stocks Rise As Middle East Tensions Fray

Renewed Middle East fighting and falling bond prices have weighed on stocks, but major indexes shrugged off those pressures on Wednesday after a rough start to the week. Brent crude futures have risen sharply in recent days, and didn’t move much on Wednesday despite the stock-market recovery. Brent hovered above $95 a barrel as Iran and the U.S. traded attacks again, leaving any resolution to the long-simmering conflict distant.

Alphabet Stock Edges Higher After Court Win
The Wall Street Journal16d agoneutral
Alphabet Stock Edges Higher After Court Win

Alphabet shares rose nearly 1% Wednesday after a federal judge rejected the Justice Department’s request to dismantle the online advertising business at the company's Google unit. Read more on the decision ...

Alphabet Stock Rises as Google Avoids Another Business Breakup Attempt
Barrons.com17d agoneutral
Alphabet Stock Rises as Google Avoids Another Business Breakup Attempt

Shares of Alphabet rose Wednesday after a federal judge rejected a Justice Department request that Google sell its online advertising business. Alphabet stock advanced 1% to $338.51 on Wednesday, while the and the both gained 0.5%. Judge Leonie Brinkema on Wednesday dismissed the Trump administration’s move to force Google to sell AdX, the company’s online exchange tool for publishers and advertisers.

Judge orders changes to Google's digital ads business but spares it from a breakup
Associated Press17d agoneutral
Judge orders changes to Google's digital ads business but spares it from a breakup

A federal judge on Wednesday ordered Google to retool the system powering its monopoly in digital advertising, sparing the company from a wrenching breakup sought by the U.S. government. The initial two-page decision by U.S. District Judge Leonie Brinkema in Virginia marks the second time in a year that Google has received a reprieve from a Justice Department proposal to dismantle its internet empire. Meanwhile, what courts have described as the company's anti-competitive practices, have enriched Google's corporate parent, Alphabet Inc., which has a market value of $4.11 trillion.

Investing.com17d agobearish
Palantir stock tumbles as Google encroaches on defense AI market

Investing.com -- Palantir Technologies (NYSE:PLTR) shares plunged 7% on Wednesday. While the broader market context remains complex, the sharp sell-off appears directly tied to Google’s sudden entry into Palantir’s most lucrative territory: specialized government and defense AI. The decline accelerated shortly after Google DeepMind unveiled Gemini 3.8 Flash Cyber, a specialized artificial intelligence model built explicitly for cybersecurity, vulnerability detection, and automated patching. Cruc

Investing.com17d agoneutral
Google launches Gemini 3.8 Flash Cyber for government security

Investing.com -- Google announced a pair of upgraded artificial-intelligence models on Wednesday, sharpening its focus on government and enterprise cybersecurity in a bid to insulate its AI revenues from industry-wide price pressures The tech giant released Gemini 3.8 Flash, an upgraded version of its primary workhorse model for coding and multi-step reasoning, alongside Gemini 3.8 Flash Cyber, a specialized variant built specifically for vulnerability detection and automated software patching.

US judge rejects bid to break up Google's ad business
AFP17d agoneutral
US judge rejects bid to break up Google's ad business

A US federal judge on Wednesday refused to force Google to sell a division of its digital advertising business, rejecting the government's push to break up part of the company's ad empire.The decision is the second time in recent years that a federal judge has declined to dismantle a piece of Google's business, after a judge last year refused to force the sale of its Chrome browser in a separate monopoly case over online search.

Google defeats US bid to force ad tech sale
Reuters17d agoneutral
Google defeats US bid to force ad tech sale

By Jody Godoy Sept 2 (Reuters) - Alphabet's Google escaped a breakup of its advertising technology business on Wednesday, when a judge in Virginia rejected U.S. antitrust enforcers' bid to force a

Investing.com17d agoneutral
Berkshire’s Abel says data centers are energy opportunity

Investing.com -- Berkshire Hathaway's Chief Executive Greg Abel said Wednesday the company sees opportunities for its energy business from the expansion of AI data centers, following the conglomerate's $10 billion additional investment in Alphabet three months ago.