GOOGLE’S ASHKENAZI SAYS R&D SPENDING IS UP 36%, DRIVEN BY AI HIRES AND DEPRECIATION, AND THAT GOOGLE WORKS WITH ANTHROPIC ON TPUS DIRECTLY AND WITH BROADCOM

Google's CFO Anat Ashkenazi reported that the company's research and development spending rose 36%, attributed to hiring for artificial intelligence roles and higher depreciation charges on infrastructure. She also stated that Google works directly with Anthropic on Tensor Processing Units and collaborates with Broadcom on their design and supply. The transmission channel runs through margin and capital intensity: rising R&D and depreciation pressure operating expenses and free cash flow, so investors are weighing whether the spending translates into durable AI revenue or merely compresses near-term earnings. Alphabet (GOOGL) faces the most direct exposure given its cost base, while Broadcom (AVGO) benefits from confirmed custom-silicon demand that supports its semiconductor revenue outlook. Anthropic's involvement signals that external AI developers are becoming significant consumers of Google's chip infrastructure, a relationship traders will watch for evidence of contract scale. The next catalyst to monitor is Alphabet's upcoming quarterly capital expenditure guidance, which will show whether depreciation growth is set to accelerate.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.