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Alphabet rolls out Enhanced Local Services Ads nationwide; Lam Research and Interactive Brokers also highlighted on CNBC.

Market News
16 Jun 2026
Benzinga
View Source
Bullish
pluang ai news

Alphabet announced the nationwide rollout of its Enhanced Local Services Ads for Home Listings across all 50 U.S. states, signaling a major expansion in its advertising services. On CNBC's 'Final Trades,' Lam Research was recommended by CEO Rob Sechan, supported by an upgraded price target from Oppenheimer analyst Ed Yang. Interactive Brokers was also picked by Joseph M. Terranova, following its Q1 earnings report that met earnings expectations but slightly missed revenue estimates. Shares of all three companies saw gains in recent trading sessions, reflecting positive investor sentiment.

More News (GOOG)

Google's user growth steady in June as AI rivals Claude and Gemini surge, says BofA.

Google's user growth steady in June as AI rivals Claude and Gemini surge, says BofA.

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...

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Market remains range-bound amid summer lull; hyperscaler capex seen as key catalyst for stock picking.

Market remains range-bound amid summer lull; hyperscaler capex seen as key catalyst for stock picking.

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, ...

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Neutral
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Google's AI spending boosts outlook despite recent 7% share drop; Q2 report due July 22.

Google's AI spending boosts outlook despite recent 7% share drop; Q2 report due July 22.

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...

Company Fundamentals
Bullish
2 days ago
Landmark lawsuit wins $6m against Meta and Google for addictive social media harming youth mental health

Landmark lawsuit wins $6m against Meta and Google for addictive social media harming youth mental health

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...

Market News
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3 days ago
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