AI Chip Earnings: Nvidia posted 85% revenue growth to $82B while Alphabet rose 24% to $120B, highlighting two different AI business models—Nvidia’s data-center surge versus Alphabet’s cloud-led momentum. Capex vs Cash Flow: Alphabet suspended buybacks, lifted long-term debt to $98B, and guided $180–190B in capex, pushing free cash flow negative as investors weigh AI spending risk. Marcom & Controversy: Marriott Bonvoy dropped a tourism package tied to ethnically cleansed Artsakh after a fast, multi-continent backlash—another reminder that brand messaging can trigger real-world reputational damage. Media Policy: Australia’s News Bargaining Incentive is being narrowed to digital advertising revenue and expands deal requirements, pulling LinkedIn into scope as the government pressures platforms to fund local journalism. Gambling Ads Crackdown: The Philippines is moving toward a nationwide ban on gambling ads, celebrity endorsements, and influencer promotions to protect minors. Local Ad Spend: Colorado lawmakers added language urging state agencies to prioritize Colorado-based media in marketing and outreach budgets. Consumer Trust & Fraud: Sharjah Police warned against paying cash deposits for fake tourist resort listings without verifying licensed operators. Labor Disruption: WestJet flight attendants walked out after talks failed, grounding hundreds of trips and forcing refunds or rebooking.