Robotaxi rules row drives Waymo-Uber rift ahead of London launch Transport & Infrastructure A row over how robotaxis should be regulated has become one of the main reasons relations between Waymo and Uber have deteriorated, sources familiar with the matter told Morning Wire, as the companies prepare to launch rival autonomous taxi services in London. At the heart of the ride-hailers’ dispute is whether new rules should favour [...]
AI spending overshadows Alphabet and Tesla earnings Tech Wall Street’s biggest tech companies delivered another round of strong earnings on Wednesday, but the primary focus for investors is the growing cost of the artificial intelligence race. Alphabet and Tesla beat revenue expectations, yet their shares fell in after-hours trading after both companies signalled another year of heavy spending on AI infrastructure. Google-owner Alphabet [...]
Milestone Alphabet century bond already under pressure Markets Alphabet’s historic century bond has shed more than seven per cent of its value in just five months, amid a wider downturn in long-dated debt and increased scepticism on the earnings potential of the US’s so-called hyperscalers. The sterling-denominated 100-year bond, which the Google owner will not have to repay until 2126, has sold off [...]
Big Tech faces earnings test after AI spending spree July 18, 2026 Alphabet, Microsoft and Amazon will report earnings over the next two weeks as investors look for evidence that years of record spending on AI are beginning to generate stronger revenue growth. The three companies have led the AI investment boom, committing billions of dollars to data centres, chips and software. Their latest results are expected [...]
Why even gilts are outperforming the once unstoppable Magnificent 7 this year July 8, 2026 Plagued by sticky inflation and spendthrift politicians, the UK government’s bonds have spent years as an unloved asset class. But six months into 2026 and they have, so far, outperformed the Magnificent 7. Ali Lyon examines what has gone wrong for the so-called hyperscalers even as AI hype is greater than ever. Since the Bank [...]
Alphabet to join Dow Jones in rare index reshuffle June 24, 2026 Alphabet will replace Verizon Communications in the Dow Jones Industrial Average next week, S&P Dow Jones Indices announced on Wednesday, in the blue-chip index’s first structural change since Nvidia displaced Intel in 2024. The Google parent’s Class A shares will join other members of the so-called Magnificent Seven including Nvidia, Amazon, Apple and Microsoft in [...]
‘Novel and extreme’: Analysts calls out SpaceX governance days before IPO June 9, 2026 Analysts and major institutional investors have expressed alarm over the corporate governance of SpaceX as its Wall Street debut creeps closer. The concerns from institutional investors, in particular public pension funds, over corporate governance at Elon Musk’s space tech company “run deep”, with firms in New York and California deeming the structure “novel and extreme”. [...]
Google hit with UK-first AI crackdown over publisher content June 3, 2026 Google will be forced to give publishers greater control over how their content is used in AI-generated search results after the Competition and Markets Authority (CMA) unveiled what it described as a “world-first” intervention aimed at re-balancing power between Big Tech and content creators. The move comes as publishers increasingly complain that Google’s AI Overviews [...]
How do you teach a robotaxi London? Waymo explains June 2, 2026 Before Waymo launches a commercial robotaxi service in London, it needs to teach its vehicles more than just how to drive on the left, writes Saskia Koopman. Waymo, the Alphabet-owned autonomous driving company, has spent months testing vehicles across the capital ahead of a planned commercial launch. The robotaxi giant has been testing in London [...]
Google taps markets for $30bn AI cash call June 2, 2026 Alphabet will raise up to $80bn (£59bn) from investors to fund its AI expansion, marking one of the largest equity fundraisings in history and a major shift for a company that has traditionally relied on its vast cash generation to finance growth. The Google parent said on Monday it would use the proceeds to expand [...]