Wall St futures steady with CPI data, Hormuz risks in focus

Alphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its capital expenditures for artificial intelligence. This massive spending hike comes as Google Cloud revenue saw substantial growth. CEO Sundar Pichai addressed concerns about Google’s competitive position in the AI race. Investors and analysts are weighing the potential returns…

A Bengaluru techie vanished during a solo trek to Shivagange Hill on Friday. His rented motorcycle was found, but there was no evidence of his return. A 15-member SDRF team joined the intensified search across the treacherous terrain. Heavy rain hampered initial rescue efforts over the weekend. Police are investigating all possible angles, including kidnapping…

Prudential Financial stock hits 52-week low at 15.77 USD