Alphabet has been upgraded from Hold to Buy ahead of its Q1 2026 earnings due to underestimated momentum in AI and a balanced hardware and software strategy. The company's Gemini AI is rapidly gaining market share and increasing user engagement, which offsets earlier concerns about cannibalization in Search. Significant investments in AI-driven capital expenditures and custom silicon are supported by accelerating cloud revenues, a $240 billion backlog, and reduced serving costs. Despite these heavy investments, Alphabet trades below its 10-year average price-to-earnings ratio, with earnings per share expected to triple in five years, indicating a fair value at least 26% above current prices.
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...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
