Roth Capital increased Alphabet's price target to $440 following strong Q2 results, including a 24% revenue rise and 300% net income jump. Despite a stock sell-off due to rising AI infrastructure spending, analysts view these investments as key to Alphabet's long-term growth and competitive edge in AI and cloud markets. Barclays also raised its target to $425 but cautioned about higher expenses from competition. The focus remains on Alphabet's strategic AI investments to expand market share and strengthen its position.
Berkshire Hathaway shares surged over 5% this week, outperforming the S&P 500 and Nasdaq as investors moved away from tech stocks amid fears that heavy AI-related spending may not pay off. Despite a recent drop in Alphabet shares, a major Berkshire h...
Social media companies like Snap, Meta, and Google are increasingly facing lawsuits over child safety concerns, with Snap recently settling a case alleging its platform caused psychological harm to teens. This comes as tech giants aggressively integr...
Alphabet increased its holdings in SpaceX to 555 million shares valued at $83.7 billion as of September 2026, making it its largest equity position despite a decline in value due to share price changes. The move coincides with SpaceX's strong Q3 reve...
Crusoe, a Denver-based data center developer valued at $30.9 billion, sold an unfinished data center project in Wyoming to Google after failing to secure Google as a customer for the site. Google raised concerns about the project's cost and construct...
Don Harrison, a longtime Google executive and SpaceX board member, has resigned from SpaceX's board. The resignation was not due to any disagreement with the company, and SpaceX thanked him for his dedicated service. Alphabet, Google's parent company...
