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Four US tech giants bled $95bn in cash in Q2 on soaring AI investments

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Four US tech giants bled $95bn in cash in Q2 on soaring AI investments
Nikkei Asia
Nikkei Asia2 hrs ago
Four US tech giants bled $95bn in cash in Q2 on soaring AI investments
Artificial intelligenceAmazon CEO says cloud arm could become trillion-dollar businessShares of Amazon and Microsoft shot up after they showed an ability to link their AI investments with earnings. (Source photos by Reuters)MASAHARU BANAugust 1, 2026 01:41 JSTPALO ALTO, California -- AI and other investments by four Am
Families sue four tech giants over teenagers’ deaths by suicide
The families of four teenagers who died by suicide are suing Meta, Snapchat, TikTok, and YouTube, alleging the social media companies designed addictive products that fueled severe mental health problems and ultimately contributed to the teens’ deaths. The lawsuit, filed Thursday in Delaware Superior Court, alleged the
CNBC
CNBC5 hrs ago
Dwindling cash and soaring memory costs: Tech's AI buildout has ballooning price tag
Amazon, Alphabet and Tesla all reported negative cash flow in the latest quarter, while Meta's cash generation plummeted by 91%.
City AM
City AM3 days ago
Renault 5 E-Tech 2025 long-term review – second report
Lined up on the starting grid at Goodwood, the two cars resemble the ‘before and after’ photos from a bodybuilding magazine. Each one is ostensibly a Renault 5, but the similarities almost end there.  On the left is my long-term test Renault 5 E-Tech. Compact and straight-sided, its classic hatchback proportions draw d
Financial Times
Financial Times🏁 first to report3 days ago
Big Tech credit risks rise sharply as AI spending soars
Investors are increasingly concerned over rush of borrowing to fund huge investments in data centres