Alphabet hikes spending outlook in race to build AI data centres

Alphabet hikes spending outlook in race to build AI data centres

[NEW YORK] Alphabet again raised already sky-high estimates for capital spending in 2026, telling investors that expenses may top US$200 billion as it races to build the computing power necessary to fuel its artificial intelligence ambitions.        The Google parent projected capital expenditures of US$195 billion to US$205 billion in 2026, up from…

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Tesla profit falls well short of estimates as costs rise

Tesla profit falls well short of estimates as costs rise

Adjusted earnings were US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates compiled by Bloomberg Published Thu, Jul 23, 2026 · 07:23 AM [AUSTIN] Tesla missed Wall Street’s profit estimates even after a strong quarter of auto sales, a setback for the electric vehicle maker as it looks to build out new…

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Tesla’s profit slides as spending climbs to meet Musk’s AI goals

Tesla profit falls well short of estimates as costs rise

Adjusted earnings were US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates compiled by Bloomberg [AUSTIN] Tesla’s profit tumbled despite a strong quarter for its automotive business, pressuring Elon Musk’s plan to refocus the electric vehicle maker on artificial intelligence and robots. Spending on the ambitious initiatives surged to US$5.8 billion in…

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Bursa-listed Mi Technovation seeks SGX listing for materials arm as AI fuels semiconductor rally

Bursa-listed Mi Technovation seeks SGX listing for materials arm as AI fuels semiconductor rally

Malaysia-based advanced manufacturing packager expects to hire 40 people to support Singapore R&D efforts [SINGAPORE] Bursa-listed Mi Technovation is planning to list its semiconductor materials business on the Singapore Exchange (SGX), as the artificial intelligence boom continues to drive investment across the global chip supply chain. The decision to list comes as investors pile into…

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Cops make wild discovery inside LAX suitcase coming from Thailand

Cops make wild discovery inside LAX suitcase coming from Thailand

A traveler flying into Los Angeles International Airport got busted with a suitcase packed with nearly 100 pounds of banned agricultural products — including 16 pounds of Bengal monitor lizard parts — after a sharp-nosed K-9 sniffed out the haul. US Customs and Border Protection officers seized 99 pounds of prohibited agricultural and wildlife products…

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Trump signs nuclear sharing deal with Saudi Arabia in policy shift

Trump signs nuclear sharing deal with Saudi Arabia in policy shift

There are concerns that the move may allow the kingdom to turn uranium into weapons-grade material Published Thu, Jul 23, 2026 · 06:56 AM [WASHINGTON] The US and Saudi Arabia finalised a long-sought nuclear technology-sharing deal that could allow American companies to build reactors in the kingdom, but cracks the door open for the country…

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