Alphabet Class A

• Alphabet resets the bar for AI infrastructure spending - The search giant's proposed capex spend for 2026 exceeds that of its hyperscalers peers.
• Alphabet earnings are out – here are the numbers - Wall Street will be looking for more details Google's deal to revamp Apple's Siri virtual assistant with the search company's Gemini AI models.
• Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery - Uber said revenue in its food delivery business increased 30%, beating analysts' estimates.
• Pinterest CEO rebukes, fires 'obstructionist' employees who created tool to track layoffs - Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
• Waymo announces $16 billion funding round - The Alphabet-owned company said it is now valued at $126 billion.
• Nvidia shares are down 2% after a report that its OpenAI investment stalled. Here's what's happening - Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
• India courts Big Tech with long‑term tax breaks as it doubles down on AI ambitions - India woos global cloud service companies with tax holiday for 20 years.
• Fireblocks CEO says North Korea-linked job recruitment scam targeted LinkedIn profiles - CEO Michael Shaulov said hackers, especially those with ties to North Korea, have been evolving at "lightspeed" because of AI.
• Apple sales surge 16% on ‘staggering’ iPhone demand - Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.  
• Tesla tops estimates for quarter, but wraps up first annual revenue drop on record - Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.