Alphabet has been upgraded from HOLD to BUY due to its strong Q2 performance, including 24% revenue growth and 82% cloud growth, alongside a $514 billion backlog. Regulatory risks in Europe have largely been resolved with recent fines and cases now closed, reducing uncertainty. Despite challenges like depreciation impacting earnings per share, the stock's valuation scenarios suggest significant upside potential, especially given Alphabet's growing role in AI. The analyst sees this as a long-term investment opportunity with favorable risk-reward balance.
Waymo and Uber's exclusive partnership for robotaxi rides in Austin and Atlanta will end in early 2028, as Waymo plans to launch its own app in these cities. This change reflects Waymo's growing presence in the robotaxi market across multiple U.S. ci...
Yields on bonds climbed this week after Alphabet increased its capital expenditure forecast for AI development, sparking fears that other major tech companies like Amazon and Meta will follow. Fixed-income investors are demanding higher credit spread...
President Donald Trump defended the Department of Justice's subpoenas issued to New York Times reporters and Google amid a criminal investigation into leaks about the president's new Air Force One plane. The DOJ withdrew demands for grand jury testim...
Alphabet Inc. reported strong second-quarter results, notably with Google Cloud's profit growth exceeding 200%. Despite this, the market reacted negatively, causing shares to fall, which the analyst views as an irrational response and a buying opport...
Shares of major tech companies, including Alphabet and Tesla, dropped sharply after both announced increased capital expenditures focused on AI infrastructure. Alphabet plans to spend $200 billion this year, up from $190 billion, aiming to enhance AI...
