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Wall StreetĀ futures were mixed ahead of Thursday's opening bell, as investors react to mixed reports afterhours from tech giants Alphabet and Tesla, and reports of a potential trade deal between the US and the European Union. Dow Jones futures were down 0.4%, while those for the Nasdaq 100 up 0.3%, with the S&P 500 marginally above flat.
Brent Thill, Jefferies senior technology research analyst, and Bloomberg's Mandeep Singh break down Alphabet's 2nd quarter earnings as the tech giant reported strong sales and boosted capex. However, some concerns persist as Google tries to stay in the AI race.
Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss Alphabet's quarterly earnings results, state of Google Gemini development, capex spending, and more.
Stock futures are mixed in premarket trading as investors digest big Tech earnings from last night and watch for more.
Of the "Magnificent Seven" stocks, Alphabet (GOOGL -0.59%) (GOOG -0.31%) trades at the cheapest valuation by a significant margin, and has been over the past few years.
Tesla shares fell 6% in pre-trading after reporting a 12% revenue drop in second-quarter results. The stock rose slightly before the closing bell, before retreating on Thursday.
Musk's lofty vision for robo-taxis, Google's spending on AI increases, Krispy Kreme joins the meme-stock revival, and more news to start your day.
Nvidia was gaining after Google raised its capital expenditure forecast and President Donald Trump signed executive orders to boost AI deployment.
The world's dominant search engine is so far adapting well to the AI age.
Artificial intelligence (AI) investing remains the prevailing market theme, and it doesn't appear to be slowing. Even though 2025 is halfway over, there are still plenty of AI stocks that are worth your investment dollars and could see impressive growth throughout the rest of the year.