Bank of America expects Alphabet to report a strong Q2 with revenue of $102.1 billion and EPS of $8.38, driven by surging Cloud growth and an $80 billion boost from the revaluation of its Anthropic stake. Cloud revenue is projected to grow 70%, supported by strong demand and a large backlog, while retail search growth remains robust. The bank raised its 2026 revenue and EPS forecasts and anticipates continued growth fueled by AI innovations and new product launches. Risks include tough Q3 comparisons and competition from AI-focused companies.
Billionaire investor Bill Ackman's concentrated stock portfolio is accessible through the Pershing Square USA (PSUS) fund, but investors can also gain similar exposure via low-cost ETFs like Vanguard Mega Cap ETF (MGC) and Vanguard Growth ETF (VUG). ...
Alphabet's stock is gaining optimism due to its leadership in artificial intelligence and a rapidly expanding cloud computing business. UBS set a $430 price target, implying a 16% upside from the current price of $370.21. Investor confidence is bolst...
Alphabet Inc. resolved a major antitrust issue by agreeing to allow third-party app stores on its Play Store, following a settlement with Epic Games. This legal clarity boosted investor confidence, further strengthened by Berkshire Hathaway's large $...
Netlist has prompted the US International Trade Commission (ITC) to investigate Samsung and its customers Google, Supermicro, Nvidia, and Broadcom for allegedly infringing two Netlist patents related to Samsung's high-bandwidth memory and DDR5 memory...
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
