Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.

The sizes of those contracts matter less than how easily Anthropic can walk away from them.

A potentially historic drop for Alphabet’s stock is dragging the U.S. market lower Thursday after the company behind Google and YouTube reported weaker growth for the summer than analysts expected. The report raised worries about whether all its huge investments in artificial-intelligence technology will pay off.

Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.

A single unlisted holding quietly erased more than half a dollar from Alphabet's quarterly earnings, and the CFO had to name it herself because the filing never did.

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Wells Fargo upgraded eBay (EBAY) to Equal Weight from Underweight with a price target of $106,

"A $300-billion (capex) number could ⁠potentially ⁠scare the market because free cash flow ⁠now is finally negative," said Jeremy Saltsburg, ​senior investment officer at Check Capital.

Cloud growth is booming at Microsoft and Alphabet. But paying for that growth is becoming a very different story.

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.