The bill for Google’s AI overspending is yet to come. Google said Wednesday that its second-quarter free cash flow turned negative by $5.9 billion, as the company’s capital spending continues to rise. It’s the first time the company has reported negative free cash flow in decades, according to AlphaSense, a sign of how much money
Imagine earning almost an extra $100 billion and dedicating exactly one vague sentence to it. That’s exactly what Google’s parent company, Alphabet, did in its second quarter earnings report. The tech giant reported that its “other income” amounted to $98 billion in the second quarter, saying it came from unrealized gains on its investments. Analysts
Update: We’ve searched the internet for REI coupons and promo codes, but haven’t found any active discount codes as of this writing. We’ll continue to look for offer codes and update this page as we find them, so keep checking back. In the meantime, if you’re still interested in shopping at REI today, you can
Tesla’s next earnings report will be released after the closing bell, and many of the usual topics are on investors’ collective radar, with one big addition: SpaceX. The second-quarter report, which will be released after the closing bell on Wednesday, is Tesla’s first since Elon Musk’s other big company went public last month. Expect analysts
Stacy Taffet, Hershey’s director of growth and marketing, has already entered her spooky season. The father of Reese’s and Jolly Rancher is inventing a new Halloween playbook, breaking the holiday into distinct microseasons that begin months before October 31, Taffet exclusively told CMO Insider. A Morning Consult survey commissioned by Hershey in July found that
As AI chips become more powerful (and hotter), data centers are turning to liquid instead of air to cool servers. For newer AI systems, fans alone cannot remove enough heat. That change has created a new problem: preventing the coolant from degrading or becoming contaminated. Omen AI announced a $31 million funding round in June
