The company is expected to report second-quarter earnings per share of $7.09 on revenue of $11.06 billion, according to consensus estimates compiled by Fiscal.ai.
Google’s $25 billion investment includes plans to invest $3 billion to modernize two hydropower plants in Pennsylvania to help meet the growing power demand from data centers and AI in the region.
U.S. equities traded sideways on Monday as investor sentiment wavered following President Donald Trump's weekend announcement of a sweeping 30% tariff on all imports from the European Union and Mexico, set to take effect August 1.
In June, the European Commission warned that Meta could face daily fines if it did not modify its ‘pay-or-consent’ model to comply with EU regulations.
TikTok is developing a U.S.-only app with a separate algorithm and data system to comply with U.S. law and facilitate a potential sale amid political and trade tensions with China.
The proposed plan envisions that U.S. users will eventually download the new app to continue using its service, but the new app will remain functional until March 2026.
Trump’s lawsuit alleged election interference, claiming that the then-Vice President Harris’ response in the “60 Minutes” interview was “doctored to confuse, deceive, and mislead the American People.”
