2 news · updated Jul 24, 2026

Oil prices hit $98

2026-07-23

Morning Bid: Magnificent Cash Burn

Crude oil prices surged above $98 per barrel amid Middle East tensions, while tech stocks reacted to Alphabet's high AI spending and mixed chip earnings, fueling inflation concerns ahead of central ba

reuters · 2026-07-23 03:36 UTC

2026-07-23

Alphabet's AI Bill and Oil Price Surge

Alphabet's cloud revenue grew over 80% despite stock declines, while Tesla reported negative free cash flow. Geopolitical tensions in the Red Sea simultaneously pushed oil prices toward $100 per barre

reuters · 2026-07-23 02:58 UTC

Media coverage (2)

Morning Bid: Magnificent Cash Burnreuters
Alphabet's AI Bill and Oil Price Surgereuters

Oil prices hit $98

Morning Bid: Magnificent Cash Burn

Alphabet's AI Bill and Oil Price Surge

Media coverage (2)

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