Alphabet reports Google Cloud Q3 revenue of $15.15B vs. $14.74B est., and raises 2025 capex forecast to $91B-$93B, after projecting $85B in July (Jennifer Elias/CNBC)

Jennifer Elias / CNBC:
Alphabet reports Google Cloud Q3 revenue of $15.15B vs. $14.74B est., and raises 2025 capex forecast to $91B-$93B, after projecting $85B in July  —  Alphabet reported third-quarter earnings that beat analyst exp…

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Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a “voluntary exit program” for US staff (Alex Heath/Sources)

Alex Heath / Sources:
Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a “voluntary exit program” for US staff  —  Neal Mohan’s internal memo about YouTu…

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Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020 (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020  —  Meta continues to sink money into the metaverse, anchored by v…

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Meta recorded a one-time income tax charge of $15.93B related to Trump’s Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)

Jaspreet Singh / Reuters:
Meta recorded a one-time income tax charge of $15.93B related to Trump’s Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast  —  Meta (META.O) recorded a nearly $16 billion on…

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