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AI Stock Frenzy: Tech Giants’ Blowout Earnings Fuel Record Rally as Wall Street Bets Big on AI

In Tech Updates
July 27, 2025

Tech Giants Ride an AI-Fueled Earnings Wave Major technology companies delivered blockbuster results powered by artificial intelligence, lifting stock indexes to fresh highs. Google parent Alphabet set an optimistic tone with a better-than-expected profit and surging cloud revenues in Q2, driven by heavy investment in AI. The company announced it would boost 2025 capital expenditures by $10 billion (to $85 billion) primarily for AI chips and data centers, underscoring how “AI spending is climbing, but so are the returns” reuters.com latimes.com. Alphabet’s stock jumped over 3% at one point and closed up about 1% Thursday after earnings, fueling optimism across the

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A former fintech consultant turned blockchain advocate, Bernard S. Mills brings over 15 years of financial industry experience to his crypto commentary. Known for his deep dives into decentralized finance (DeFi) protocols and market strategy, Bernard combines technical insights with real-world applications. When he’s not dissecting tokenomics, he’s mentoring startups in the Web3 space.