Core Insights - Alphabet (GOOGL) and Apple (AAPL) are leading providers of consumer app marketplaces, focusing on integrating artificial intelligence (AI) to enhance user engagement and market share [1][4]. Consumer Adoption of AI - Individual consumers have been slow to adopt AI, with only 35% using generative AI compared to 95% of businesses, primarily due to privacy and security concerns [2]. - Recent data indicates a shift, with 61% of U.S. adults using AI in the past six months, and 19% using it daily, suggesting a growing acceptance of AI tools in daily life [3]. Market Potential - By 2030, AI-influenced consumer spending in the U.S. is projected to reach $4.4 trillion, with significant contributions from younger demographics [4]. Competitive Analysis: Alphabet vs. Apple - Alphabet's cloud-centric approach has led to over 270 million paid subscriptions, with Google Assistant (Gemini) being the second most used AI assistant in the U.S. [5][6]. - Apple is expanding its AI capabilities with Apple Intelligence but is currently lagging behind Alphabet in terms of impact and user engagement [8][10]. Financial Performance - GOOGL's earnings estimate for 2025 is $9.56 per share, reflecting an 18.91% increase from 2024, while AAPL's estimate has slightly decreased to $7.10 per share, indicating a 5.19% growth [11][12]. - Year-to-date, GOOGL shares have declined by 3.3%, outperforming AAPL's 16% drop [13]. Valuation Metrics - Alphabet's Price/Sales (P/S) ratio is 6.41, lower than Apple's 7.52, indicating a more favorable valuation for GOOGL [16][17]. Investment Outlook - Alphabet is positioned as a stronger investment opportunity in the consumer AI space due to its innovative offerings and market leadership, while Apple is still in a catch-up phase [20][21].

This is an article I have long been thinking about and researching. You could consider my previous article a prequel which was published in December under the title "If Robotaxi Is The Next Frontier, Either Tesla Or Google Is Completely Mispriced".I’m a long-term growth and dividend-growth investor covering both US and European equity markets. I seek undervalued stocks and high-quality dividend growers that generate dependable cash flow for reinvestment. I share one of my portfolios on eToro where I qualifi ...

Group 1 - Keybanc Capital Markets analyst Justin Patterson maintained an Overweight rating for Alphabet Inc and raised the price forecast from $195 to $215, reflecting positive expectations for the ad industry ahead of second-quarter results [1] - The company is expected to report a solid second quarter with $94.6 billion in revenue, driven by growth in Search, YouTube, and Cloud, surpassing consensus estimates [2] - EPS estimates for 2025 and 2026 were raised by 1% and 2%, respectively, with the 2027E EPS forecasted at $12.25 [2] Group 2 - The macro outlook remains stable, with positive agency commentary and improving consumer trends, indicating a favorable environment compared to 90 days ago [3] - Foreign exchange tailwinds are expected to continue, benefiting companies like Alphabet [3] - The reverse acqui-hire trend has proven successful for big tech, enhancing talent acquisition and innovation, which strengthens Alphabet's position in the AI landscape [3]

There's been some speculation and reporting that chat GBT might come out with its own browser. How much of a threat would that be to Google and Alphabet. It's a real threat to Google specifically because they've been kind of dropping the ball on the browser enhancements, right.So, generative AI has now been around for two years. It should have been by now embedded into the Google browser where uh the browser itself learns about what are the types of things you're doing and can assist you as an AI agent on t ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Market Performance - US stock indices experienced slight gains, with the Dow Jones up 0.48%, Nasdaq up 0.33%, and S&P 500 up 0.27% as of the report [1] - Notable individual stock performances include TSMC rising over 2% due to second-quarter net profits exceeding market expectations and reaching a historical high, and PepsiCo increasing over 5% with second-quarter revenue of $22.726 billion, also surpassing market expectations [1] - Nvidia and Microsoft both saw approximately 1% increases, achieving market capitalizations of $4.2 trillion and $3.8 trillion, respectively [1] Chinese Stocks - Chinese stocks showed mixed performance, with Waterdrop rising over 28%, NIO up over 6%, and several others including Douyu, Zhihu, Kingsoft Cloud, and iQIYI increasing over 2% [1] - Conversely, NetEase Youdao, Xiaomi Group (ADR), and Gaotu experienced declines of over 1% and 2% [1] Company News - Nvidia CEO Jensen Huang sold 225,000 shares of Nvidia stock for approximately $38 million, as part of a pre-set trading plan allowing for the sale of up to 6 million shares [6] - Tesla officially announced the Model Y L, a six-seat luxury SUV, with an estimated price of around 400,000 yuan [7]

作 者丨 Michael Del Monte 编译 | 华尔街大事件 AI 计算能力及客户采用情况 谷歌云利润率的扩张 生成式 AI 广告的发展 （相对次要的）Waymo 的扩张进展 收预期的 20%。预计谷歌云部门营收将实现大幅增长，达 130 亿美元，部门运营利润率提升至 17.83%。 在人工智能应用方面， 谷歌 正努力实现增长， 近期宣布以 24 亿美元收购 Windsurf。 Windsurf 是一家人工智能编程初创公司，利用代码开发人工智能代理重新构想软件开发生命周 期。 谷歌 一直积极利用其 人工智能代理 Jules 进行内部开发，以推进这一领域的发展 。 展望 谷歌 2025 年第二季度的收益，投资者必须关注以下几个关键因素： | Alphabet Segment Operations | FY 2024 | eFY 2025 | eF Y 2026 | eFY 2027 | 9124 | 4224 | 9724 | 04:24 | 9 80 | 092 25 | 19725 | eq423 | | --- | --- | --- | --- | --- | --- | --- | --- | ...

大公司： 美团宣布养老保险补贴将全国上线，预计可覆盖超百万名骑手 36氪获悉，7月17日下午，美团宣布今年内将在全国范围推广养老保险补贴，该社保计划预计将覆盖超 百万外卖骑手。美团相关负责人还介绍了多方面保障升级，从7月1日起，骑手"工伤险"，即"新职伤"已 扩展到17个省级行政区，为骑手提供意外伤害风险防护网；骑手安全方面，将继续升级事前预防、事中 干预和事后兜底的骑手安全体系，骑手安全跑单可获得现金奖励；骑手服务方面，未来三年新建1000 座"骑手之家"，由中华全国总工会合作建设落地，并面向全行业开放。 爱奇艺推出内容热度值"四大殿堂" 36氪获悉，爱奇艺基于平台内容热度值推出"剧集四大殿堂"系列，包括"荣誉殿堂"（内容热度值达 10000及以上的剧集）、"国民殿堂"（内容热度值达9500及以上的剧集）、"人气殿堂"（内容热度值达 9000及以上的剧集）、"佳片殿堂"（内容热度值达8000及以上的剧集）。据介绍，爱奇艺是国内第一家 推出内容热度值的视频平台。 哪吒汽车母公司预招募重整意向投资人 据阿里资产消息，合众新能源汽车股份有限公司（哪吒汽车母公司）重整意向投资人预招募通道正式开 启，自2025年7月 ...

鹭羽 发自 凹非寺 量子位 | 公众号 QbitAI 超越 Transformer ，谷歌推出全新底层架构—— Mixture-of-Recursions （MoR） ，注意不是MoE，它能推理速度提高2倍，而KV内存直接减半！ 而且All in One， 首次 在单一框架中实现，用同一组参数处理不同任务的同时，进行动态分配计算资源。 就像给LLM开了个双层增强buff，模型性能和效率全都要。 谷歌DeepMind联合KAIST AI、Mila人团队通过 统一参数共享 、 自适应递归深度 和 高效KV缓存 ，在保持大模型性能的同时降低计算和内 存成本，形成新的效率最优解。 不少网友甚至将它形容为 Transformer Killer 。 更有甚者表示，该架构的出现或许能代表，潜在空间推理也许将会成为下一个LLM突破所在。 Transformer的出现虽然带来了优秀的少样本泛化和推理能力，但随之而来庞大的计算和内存需求还是让训练和部署成为难题。 目前相关优化方法主要是参数共享和自适应计算，但往往只能二选一，无法同时兼顾。 于是研究人员提出了递归混合模型 MoR ，可以在单一递归Transformer中同时融合两 ...

7月17日消息，据智通财经消息，全球人工智能领军企业OpenAI今日宣布，已将谷歌云（Google Cloud）纳入其核心基础设施供应商列表，为ChatGPT、API 服务及后续人工智能模型训练提供算力支持。 根据OpenAI官网披露，谷歌云基础设施将率先在美国、日本、荷兰、挪威和英国五个国家投入运行，重点服务于ChatGPT的实时推理需求及API接口的稳定 调用。这一布局与OpenAI现有供应商形成互补： 微软Azure：作为OpenAI长期独家云合作伙伴，仍承担核心模型训练任务，并保留API服务的优先供应权； CoreWeave：通过五年期120亿美元协议提供大规模GPU集群，专注高强度模型迭代； 市场研究机构IDC分析师指出："OpenAI的供应商多元化策略，实质上是在各大云厂商间制造'技术竞标'环境，从而获取更有利的合作条款。" OpenAI的激进扩张与其商业化进程紧密相关。公司年收入已突破13亿美元，但高额的训练成本（单次GPT-5训练耗资超1亿美元）仍使其处于亏损状态。 甲骨文：依托与微软合作的混合云架构，扩展训练算力储备； 谷歌云：侧重低延迟推理服务，强化亚太及欧洲市场的本地化响应能力。 行业分 ...