Alphabet’s Search Moat Becomes AI Infrastructure
Google Cloud revenue rose 34% to $15.2 billion in Q3, and operating margin expanded to 23.7% as Alphabet's TPU strategy cut AI costs.
Fresh coverage on the economy, markets, and the forces moving money.
Google Cloud revenue rose 34% to $15.2 billion in Q3, and operating margin expanded to 23.7% as Alphabet's TPU strategy cut AI costs.
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Trump’s ceasefire announcement sent Brent crude down 12%, but traders still see lasting damage to energy markets from the war.
The White House warned staff not to use non-public information for prediction-market bets as scrutiny grows over geopolitical trading and possible leaks.
The IMF heads into Washington as the global outlook darkens, with the Iran war lifting energy costs, inflation and pressure on households.
Dow futures slid after failed U.S.-Iran talks and Trump said the Navy would begin blockading the Strait of Hormuz.