Alphabet and Apple gave a boost to Nasdaq with the shares of Alphabet rising 9.1% after a ruling, which allows Google to retain control of its Chrome browser and Android mobile operating system. Shares of Apple also gained 3.8% as the ruling also preserved lucrative payments to the iPhone maker from Google.
plans to build a new data centre in Chesterfield County as part of its $9 billion investment in Virginia through 2026 to expand its cloud and AI infrastructure. Beyond technology, Google has invested $1 billion in education to provide Virginians with free AI training and job-ready skills training. Students have access to AI resources through partnerships with top universities, which fosters opportunity and innovation. The initiative puts the United States at the forefront of global AI leadership while strengthening Virginia's economy. On 15th August Google has released a announcement that Company has allocated more than $4.5 million in funding through the LA County Department of Economic Opportunity and TMC Community Capital to assist small businesses in Los Angeles recover from the wildfire. In order to modernize operations and enhance resilience, the Rebuild LA: Small Business Tech Fair provided entrepreneurs access to digital skills and AI tools. This program is a component of Google, YouTube, and Google.org's larger $15 million commitment to support communities in greater Los Angeles, supporting long-term recovery and development. On 13th August Google has announced that Over the next two years, It plans to invest $9 billion in Oklahoma to strengthen its cloud and artificial intelligence infrastructure. This investment will include the expansion of its Pryor facility and the building of a new data centre campus in Stillwater. As part of its $1 billion national commitment, Google will focus on workforce development and education in addition to infrastructure. In financial. The company's total revenue in Q2 2025 (June) was $96.43M, up 6.9% from Q1 2025's $90.23M. Stronger operational efficiency is demonstrated by the gross profit, which increased from $53.87M to $57.39M. However, due to fewer additional income/expense gains, earnings before taxes (EBT) decreased from $41.79M to $33.93M. As a result, net income decreased to $28.20 million from $34.54 million in the prior quarter. Overall it has given moderate results .
Apple Inc. (NASDAQ: AAPL)
has announced a bold $100 billion commitment to America, raising its total U.S. investment to $600 billion over the next four years. A key component of this is the American Manufacturing Program (AMP), which will boost Apple's advanced manufacturing and supply chain in the United States. The initiative aims to increase domestic production of critical components like rare earth magnets and iPhone glass, and it includes fresh collaborations with ten American companies. Apple also intends to increase its position as a catalyst for innovation and job creation in America by hiring 20,000 people with a focus on R&D, AI, and silicon engineering. Company has announced a new $2.5 billion investment by Apple and Corning to manufacture all iPhone and Apple Watch cover glass at Corning's facility in Harrodsburg, Kentucky which has solidified their partnership. A significant turning point in domestic manufacturing will be reached when all of the cover glass for these devices is manufactured in the United States for the first time. Corning will increase its workforce by 50% at the location and construct the largest smartphone glass production line in the world. To encourage next-generation manufacturing and materials, Apple and Corning will also establish a collaborative Innovation Centre. This action is a part of Apple's larger investment plan worth $600 billion in the US.
(Source: Company announcements)
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