The capital raise and increased 2026 spending target reflect Alphabet's push to scale AI and cloud infrastructure amid rising competition. Alphabet Inc. (GOOGL) has secured $84.75 billion through an equity capital raise to expand its AI and cloud infrastructure. The compan
BlackRock reports $13.91 EPS and $7.08B revenue, beating estimates as assets under management reach $15.3 trillion. BlackRock posted second-quarter non-GAAP earnings per share of $13.91, surpassing estimates by $1.26, as revenue climbed 30.6% year-over-year to $7.08 billio
Contributing to Roth 401(k) accounts at peak earnings may result in overpaying taxes if retirement tax rates fall below current brackets. High earners in the 24% federal tax bracket who max out Roth 401(k) contributions may face unnecessary tax costs. Withdrawals in retire
Investors await Netflix’s Q2 results as revenue growth slows to 13.6% and ad revenue lags expectations at $705.8 million. Netflix reports second-quarter earnings on Thursday, with revenue expected to rise 13.6% to $12.59 billion, marking its slowest growth in over a year.
Warren Buffett redirects $140 billion in Berkshire Hathaway stock to four family foundations, ending 20-year Gates Foundation donations. Warren Buffett transferred $6 billion in Berkshire Hathaway Class B shares (BRK-B) to four family foundations on July 14, 2026, excludin
Employers increasingly turn to boomerang workers to fill roles as hiring costs rise and talent shortages persist. Companies are rehiring former employees, or boomerang workers, as a strategy to address talent shortages and rising recruitment costs. Ford Motor Co. recently
IBM's revenue falls short of estimate at $17.2 billion IBM's preliminary update showed second quarter revenue of $17.2 billion, roughly $660 million short of the $17.9 billion estimate. The company's adjusted earnings of $2.93 per share also missed the $3.03 consen
mortgage rates are generally higher today, Wednesday, July 15, 2026, than yesterday. According to the Zillow lender marketplace, mortgage rates are generally higher today, Wednesday, July 15, 2026, than yesterday. The 30-year fixed-rate purchase loan rose 4 basis points to
Chinese AI firm DeepSeek seeks up to 50 billion yuan in fresh capital before a potential Shanghai IPO this year. DeepSeek is preparing a new fundraising round at a valuation of about 500 billion yuan ($74 billion), just weeks after raising $7.4 billion at a 450 billion yua
Cannara Biotech posted Q3 net revenue of $27.2M and EPS of $0.02, down 50% year-over-year despite higher gross margins. Cannara Biotech reported third-quarter gross cannabis revenue of $37.8M, up 3% year-over-year, while net revenue reached $27.2M, a 2% increase. Earnings
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