Futures on the tech-heavy Nasdaq 100 rose roughly 0.4%, while the Dow Jones dropped 0.3% and the S&P 500 nudged down 0.1% after Google beat second-quarter expectations and doubled down on its AI spending spree.
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Wall St futures mixed as investors weigh Alphabet, Tesla earnings
Futures on the tech-heavy Nasdaq 100 rose roughly 0.4%, while the Dow Jones dropped 0.3% and the S&P 500 nudged down 0.1% after Google beat second-quarter expectations and doubled down on its AI spending spree. Read the full story
YouTube sees rise in ad revenue to reach $10B
Alphabet’s video-sharing platform continues to lead, with advertising profits increasing by 13%. Read here
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Walmart bets on AI super agents to boost e-retail
The world’s largest retailer plans to improve the shopping experience and streamline operations. Read here
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NEWS WORTH NOTING
AI-powered ads to drive $3.5T growth for media
Growing use of AI in advertising is expected to boost the entertainment industry's revenue, says PwC. Read here
