News Archive

Alphabet Prepares Debut Kangaroo Bond as Big Tech Diversifies Funding Away from Dollar Markets

Bookrunner messaging points to an inaugural Australian dollar issue from the search giant, extending the megacap capital-raising cycle into secondary currency markets to fund AI infrastructure build-out.

Alphabet is sounding out an inaugural Australian dollar bond, according to a bookrunner message, marking the latest step in hyperscaler funding diversification as AI capital expenditure outstrips operating cash generation.

AI Infrastructure Demand Broadens Beyond Chips as Data Center, Observability Names Guide Higher

Equinix, Dynatrace and Fastly executives point to capacity constraints and AI-driven workload growth at Technology Leadership Forum 2026, while Monday.com's post-earnings momentum and a bullish ASML call underscore investor appetite for second-derivative AI plays.

A cluster of management commentary from the Technology Leadership Forum 2026 reinforces the view that AI monetization is migrating down the stack — into colocation capacity, observability software and edge delivery. Equinix flagged capacity as the binding constraint on growth, Dynatrace tied observability expansion directly to AI workload complexity, and Fastly said edge cloud adoption is gaining traction. Separately, Monday.com's 20%+ July advance and a prominent wealth manager's 50% upside call on ASML after a 5% monthly drawdown highlight rotation into quality compounders on weakness.

Google Cloud Revenue Grows 82% as Alphabet Defends Capex Surge

Alphabet reported 82% year-over-year revenue growth at Google Cloud, with a large contracted backlog cited as justification for the company's elevated capital spending.