Google faces an internal talent exodus as chief scientist Jeff Dean and other key researchers depart to launch startup Discovery Loop, highlighting ongoing tensions over computing resources, bureaucracy, and commercial priorities as the tech giant balances booming cloud growth with frontier AI development.
Alphabet's latest earnings report reveals Google Cloud revenue surged 82% to $24.8B, largely due to enterprise AI adoption, surpassing analyst expectations. Overall revenue grew 24% to $119.8B, with profit at $112.1B, alleviating investor concerns about significant AI spending.
Bitdeer mined significantly more Bitcoin in May 2026 (921 BTC) compared to May 2025 (196 BTC), but ended May 2026 holding substantially fewer coins (171 BTC) than a year prior (1,351 BTC). This highlights the company's pivot towards AI infrastructure, where AI revenue may offset the need to sell mined Bitcoin.
Alphabet's stock surges on AI prospects. Investors await Google I/O for updates on Gemini, AI agents, cloud infrastructure, and custom AI chips, seeking clarity on monetization and the company's competitive edge.
Alphabet reported a strong quarterly earnings beat with surging cloud revenue and raised full-year capex guidance to $190 billion, signaling AI leadership. The article suggests an advanced options strategy: buy August $400 calls while selling a June 350/420 strangle to capitalize on continued momentum.
Alphabet, Amazon, Meta and Microsoft all beat earnings expectations, as they reported on Wednesday, but Alphabet stood out, with its shares jumping 7% in extended trading on strong cloud growth.
Alphabet reported first-quarter earnings with revenue of $109.9 billion, beating analyst expectations of $107.2 billion. Google Cloud revenue surged 63% year-over-year to $20.02 billion, driven by enterprise AI solutions. The company raised its 2026 capital expenditure guidance to $180-$190 billion and expects 2027 CapEx to increase significantly. Net income jumped 81% to $62.57 billion. Shares climbed following the report, with Alphabet outperforming Magnificent Seven peers this month.
