Evercore ISI upgraded Alphabet's price target from $420 to $450, maintaining an "Outperform" rating due to the company's significant cloud computing potential. The firm highlights that Alphabet's cloud business is often underestimated, with more market attention on AI models. Alphabet is investing heavily in cloud infrastructure, including a $22 billion chip loan for Crux AI and new data centers, aiming to boost its Return on Invested Capital (ROIC) to 25-40%. These efforts could generate $84 billion to $108 billion in new cloud revenue by 2027/28, positioning Alphabet for strong future growth beyond its core search and advertising businesses.
Alphabet's shares on Pluang are trading at USD 346.96 as of Sep 17, 2026 19:17 WIB, which is below its 52-week high of USD 402.62 but well above the 52-week low of USD 236.59. The stock gained 1.19% in the last day, with a market cap of $4.17 trillion and a dividend yield of 0.26%. Despite the recent upgrade in price target to $450 by Evercore ISI, Pluang investors show a balanced sentiment with 61% buying and 39% selling activity.
Google's acquisition of YouTube in 2006 for $1.65 billion coincided with a massive rise in Alphabet's stock, which grew over 3,000% to a $4.217 trillion market cap by 2026. Investing $1,000 then would be worth over $32,000 today. Despite its maturity...
The Invesco S&P 500 Top 50 ETF (XLG) reduces the S&P 500 to its 50 largest companies by market cap, resulting in a fund dominated by mega-cap tech stocks, especially semiconductors which make up about 26% of the portfolio. The top five holdings—NVIDI...
President Trump announced a $2.4 billion funding commitment from leading tech companies including Nvidia, OpenAI, AMD, Anthropic, and Google to support AI-driven scientific research across 14 federal agencies. Nvidia leads with a $1 billion donation,...
Despite 10-year Treasury yields reaching 5.3%, one of the highest in decades, major U.S. equity indexes like the S&P 500 and QQQ remain resilient. However, broader market indexes and real estate sectors show sensitivity to rising rates, increasing vo...
Google introduced a new unified Gemini AI agent that can perform tasks like scheduling, coding, and booking through a single interface. Initially targeting businesses, the agent integrates with tools like Google Workspace and Microsoft 365, and can u...
