Core Insights - Alphabet is expected to report its fourth-quarter earnings, with analysts anticipating significant interest in the results as the company has seen a stock increase of over 70% in the past six months, making it a top performer in 2025 [2][6] - The company has recently joined the $4 trillion club, alongside Nvidia, Microsoft, and Apple, highlighting its strong market position [2] Financial Performance - Earnings per share are projected at $2.63, with total revenue expected to reach $111.43 billion [9] - Google Cloud revenue is anticipated to be $16.18 billion, while YouTube advertising revenue is expected to be $11.84 billion [9] - Traffic acquisition costs are estimated at $16.20 billion [9] AI Developments - Alphabet has made significant strides in AI, including a deal to enhance Apple's Siri with its Gemini AI models, which could impact 2.5 billion active Apple devices [3] - The launch of Gemini 3 models received strong reviews, and the company introduced its seventh generation of tensor processing units, named Ironwood [4] - Google has also launched an AI feature called "Personal Intelligence" to provide personalized answers by integrating data from various apps [7] Strategic Moves - Alphabet's acquisition of data center company Intersect for $4.75 billion is aimed at bolstering its AI infrastructure, which is critical for meeting growing demand [5] - Waymo, Alphabet's driverless car unit, has expanded its robotaxi services to major U.S. cities and raised $16 billion in funding, valuing the company at $126 billion [10] Legal and Competitive Landscape - Google is appealing a federal ruling regarding its alleged monopoly in internet search, which may delay any potential remedies [8]

每经AI快讯，美股三大指数收盘涨跌不一，道指涨0.53%，纳指跌1.51%，标普500指数跌0.51%，英伟 达、特斯拉、博通、Meta跌超3%，谷歌、亚马逊跌超2%。 ...

Alphabet said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its invest... ...

Exhibit 99.1 Alphabet Announces Fourth Quarter and Fiscal Year 2025 Results MOUNTAIN VIEW, Calif. – February 4, 2026 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended December 31, 2025. Sundar Pichai, CEO of Alphabet and Google, said: "It was a tremendous quarter for Alphabet and annual revenues exceeded $400 billion for the first time. The launch of Gemini 3 was a major milestone and we have great momentum. Our first party models, like Gemini, now process over 10 ...

Market Overview - US stocks mostly fell as Wall Street assessed earnings and awaited Alphabet's results, with the S&P 500 down about 0.5% and the Nasdaq Composite down over 1.5% [1] - The Dow Jones Industrial Average rose 0.4% as investors shifted from tech stocks to blue-chip names [1] AI Impact on Tech Stocks - Wall Street is struggling due to fears of AI disruption, leading to a sell-off in software stocks that affected global markets [2] - Major tech stocks like Nvidia fell over 3%, Google dropped nearly 2%, Amazon slid over 2%, and Tesla sank more than 3% [2] Earnings and Market Sentiment - Even better-than-expected earnings are insufficient to convince the market unless companies can demonstrate that AI will be beneficial [3] - Advanced Micro Devices saw its shares plummet due to a weak sales outlook, raising concerns about its competitiveness against Nvidia [3] Labor Market Insights - An ADP report indicated that employers added only 22,000 jobs in January, significantly below the expected 45,000 [4] - The delay in federal jobs data has made private data increasingly important, with the official jobs report rescheduled for next Wednesday [4] Commodity Movements - Gold gained amid US-Iran tensions but fell back below $5,000 an ounce after a significant slump [5] - Bitcoin losses accumulated, trading near $72,000 at one point [5] Pharmaceutical Sector Performance - Eli Lilly's stock surged after a positive 2026 profit forecast driven by high demand for weight-loss drugs [6] - In contrast, Novo Nordisk's shares tumbled after it forecasted a steep drop in sales, shocking investors [6]

Core Viewpoint - The introduction of a new AI automation tool by Anthropic has triggered a significant sell-off in software stocks, leading to a substantial decline in the Goldman Sachs software index, with approximately $2 trillion wiped off since its peak [1]. Group 1: Market Reaction - The sell-off in software stocks has been extensive and is now affecting hardware stocks as well, with notable declines in companies like NVIDIA and Google, while Microsoft has shown a slight rebound [3]. - The negative sentiment surrounding software stocks has become a global phenomenon, indicating a broad market reaction to the current state of the software industry [2]. Group 2: Investor Sentiment - Some investors are beginning to consider this sell-off as a potential buying opportunity, suggesting that a rally could occur if software stocks decline too much, as many are currently in oversold territory [4]. - There is a growing discussion among investors about whether it is wise to attempt to "catch a falling knife" in the current market environment [4].

Core Insights - Alphabet is making significant advancements in artificial intelligence, particularly with its Gemini model and the recent launch of Project Genie, which creates interactive 3D environments from text or image prompts, causing concern among software stocks [2][9] Alphabet's Investment in Figma - Alphabet's secret investment portfolio acquired over 215,000 shares of Figma valued at $11.18 million at the end of Q3, but Figma's stock has since dropped approximately 58%, making it one of Alphabet's worst-performing public investments [4][6] - The total value of Alphabet's secret portfolio was $2.41 billion at the end of Q3, with Figma's position being relatively modest compared to its larger stakes in AST SpaceMobile and Planet Labs, which have seen significant gains [6][5] Figma's Market Performance - Figma's stock has experienced a dramatic decline of about 85% from its post-IPO high of $142.92, currently trading around $21 per share, which is a steeper drop compared to other software stocks affected by AI advancements [3][9] - Figma's business model, which focuses on cloud-based design and collaboration, is under pressure from AI developments like Google's Project Genie that automate design tasks [8][9]

Alphabet ( NASDAQ:GOOG )( NASDAQ:GOOGL ) is hitting its stride in artificial intelligence. ...

美股持续下挫，纳指跌超2%，标普跌超1%。英伟达跌超4%，谷歌跌超2%，苹果涨超1%，亚马逊跌超 2%，特斯拉跌超4%，博通跌超7%。 来源：滚动播报 ...

Core Viewpoint - Alphabet is expected to report strong earnings with an adjusted EPS of $264 and revenue exceeding $111 billion, reflecting a significant growth trajectory over the past year, with shares up over 65% [1][2]. Financial Performance Expectations - Analysts anticipate continued double-digit growth across Alphabet's core businesses, including search, YouTube, and cloud services, with cloud growth expected to exceed 30% [3][4]. - The company is expected to maintain mid-teen growth on the top line, driven by strong performance in the advertising market and investments in AI technology [3][4]. Investment and Market Position - Alphabet has demonstrated a capacity to find new growth markets, such as cloud services and AI investments, even when growth appears to be slowing [5]. - The company is perceived to have better spending discipline compared to competitors, which may enhance its market position [5][6]. Capital Expenditure Insights - There is an expectation that Alphabet's capital expenditures (capex) may come in higher than previous quarters, reflecting the need to invest aggressively in AI and technology to maintain competitive advantage [8][9]. - The market dynamics suggest that overspending may be more beneficial than underspending in the current environment, indicating Alphabet's commitment to aggressive investment strategies [8][9]. Market Reactions and Trading Strategies - The high expectations for Alphabet's earnings report may lead to volatility in stock performance, even if the company beats earnings estimates [11][12]. - Options trading strategies are being considered to capitalize on potential stock movements, with a focus on managing risk amid high implied volatility [16][17].