Alphabet Inc. Class C (GOOG) raised its 2026 capital expenditure guidance to $195–$205B from $180–$190B, citing faster capacity build to meet demand; the guidance lies about $20B below Amazon’s plan, and the stock dipped on the news. GOOG guaranteed data-center lease payments supporting Anthropic’s U.S. expansion, backing substantial private-credit financing for Anthropic’s AI infrastructure. Alphabet Class C (GOOG) will attend a White House meeting with AI firms to review a voluntary cybersecurity and frontier-AI oversight framework and discuss voluntary government safety testing. Alphabet Class C (GOOG) posted sizable unrealized gains from its SpaceX stake this quarter, which lifted reported profits and helped boost S&P 500 earnings for the period. Alphabet Inc. Class C (GOOG) was named in an August 3 US lawsuit over alleged anticompetitive ad-tech conduct; the lawsuit seeks damages and other relief after a federal ruling found unlawful conduct. Alphabet Inc. Class C (GOOG) faces a raised Australian News Bargaining Incentive levy of 2.5% on ad revenue, applying to platforms with over A$250 million in local revenue. GOOG signed a 15-year PPA with RWE for 155 MW Crooked Creek Solar in Oklahoma; construction starts later this year, operations expected 2028, and power will supply Google in the SPP market.