Core Insights - Alphabet Inc. has surpassed Apple Inc. to become the world's second most valuable company by market capitalization for the first time since 2019, with a market capitalization of $3.88 trillion [4] - Alphabet's Class A shares (GOOGL) closed at $322.04, reflecting a 2.45% increase on the day, and a remarkable 64.73% return over the past year [4] - Apple Inc. currently holds the third position with a market capitalization of $3.84 trillion, with its stock (AAPL) declining by 0.76% to close at $260.36, and a 1-year performance of 7.49% [4] - Nvidia Corporation remains the leader in market valuation with a capitalization of $4.59 trillion, driven by strong demand for its GPUs amid the AI boom [4] - Alphabet's growth in market value is supported by the increasing adoption of its generative AI platform, Gemini, and its ownership of Waymo, a key player in the U.S. robotaxi market [4] Company Performance - Alphabet's market capitalization is $3.88 trillion, with 12.07 billion shares outstanding [4] - The stock performance of Alphabet has significantly outperformed many peers, achieving a 64.73% return over the past year [4] - Apple has 14.78 billion shares outstanding, with a 1-year stock performance of 7.49% [4] - Nvidia has 24.3 billion shares outstanding, with a stock increase of 25.32% over the past year [4] Market Dynamics - The tech industry's valuation leaderboard has seen a major reshuffle, with Alphabet overtaking Apple [4] - The rise in Alphabet's market value is attributed to the success of its generative AI platform and its commercial robotaxi services through Waymo [4] - Nvidia's strong market position is fueled by the demand for GPUs, particularly in the context of the AI boom [4]

Market Overview - The S&P 500 and Dow Jones Industrial Average experienced declines after reaching intraday record highs earlier in the session [1] - The S&P 500 declined 0.34% to end at 6,920.93 points, while the Nasdaq gained 0.16% to 23,584.28 points, and the Dow Jones fell 0.94% to 48,996.08 points [6][7] Company Performance - Shares of housing acquisition companies fell sharply after President Trump announced plans to ban Wall Street investors from purchasing single-family homes, aiming to reduce home prices. Blackstone and Apollo Global Management dropped over 5%, contributing to a 1.4% decline in the S&P 500 financials index. American Homes 4 Rent fell 4.3%, while Zillow rose over 2% [1] - JPMorgan Chase fell 2.3% after Wolfe Research downgraded the bank from "outperform" to "peer perform" [2] - Northrop Grumman slid 5.5% and Lockheed Martin lost 4.8% following Trump's statement that dividends and stock buybacks would not be permitted for defense companies until production issues were resolved [4] - Nvidia and Microsoft rose about 1% each, and Alphabet increased more than 2% as investors returned to AI-related stocks [5][9] - Memory and storage technology companies saw declines, with Western Digital dropping almost 9% and Seagate Technology falling 6.7%. First Solar tumbled 10% after Jefferies downgraded its rating to "hold" from "buy" [7][9] Market Dynamics - The S&P 500 is currently trading at approximately 22 times expected earnings, down from 23 in November but above the five-year average of 19 [6][9] - The volume on U.S. exchanges was relatively high, with 17.4 billion shares traded, compared to an average of 16.2 billion shares over the previous 20 sessions [8]

Market Overview - The U.S. stock market showed mixed performance with the Dow Jones and S&P 500 indices declining, while the Nasdaq rose slightly. The Dow fell by 0.94% to 48,996.08 points, and the S&P 500 dropped by 0.34% to 6,920.93 points, whereas the Nasdaq increased by 0.16% to 23,584.27 points [2]. Economic Data - The ADP employment report for December 2025 indicated an increase of 41,000 jobs, which was below the expected increase of 47,000 jobs. The previous value was revised from a decrease of 32,000 jobs to a decrease of 29,000 jobs. The ISM Non-Manufacturing PMI for December 2025 was reported at 54.4, exceeding the expected 52.3 and the previous value of 52.6. This data suggests a resilient service sector, a weak manufacturing sector, and moderate employment recovery with insufficient momentum [2]. Company Highlights - Alphabet, Google's parent company, reached a market capitalization of $388.92 billion, surpassing Apple, which had a market cap of $384.70 billion, marking the first time in seven years that Google has outpaced Apple [4][5]. - Intel experienced a significant intraday increase of over 10%, closing up 6.47% at $42.63 per share, with a total market capitalization of $203.3 billion [8][9]. - Intel's CEO emphasized the company's commitment to delivering its first 18A process products by 2025, indicating a strategic turning point for the industry and Intel in 2026, suggesting a new phase in technology iteration and market dynamics [10]. - At CES, Intel officially launched a series of AI PC chips based on the 18A process technology, which is seen as a critical milestone for the company's manufacturing revival and technological leadership. This new generation of chips features groundbreaking transistor architecture and power design, marking Intel's first large-scale production of the 18A process and aiming to reclaim market share from AMD [11].

Group 1: Stock Movements and Valuations - Alphabet's shares increased by 2.4%, resulting in a market capitalization of $3.89 trillion, surpassing Apple's market cap of $3.85 trillion, which decreased by 0.8% [1][2] - This marks the first time since 2019 that Alphabet has outvalued Apple, indicating a shift in market dynamics, particularly in the artificial intelligence sector [2] Group 2: AI Developments and Competitive Landscape - Apple's AI voice assistant, Siri, is set for a delayed launch in 2025, lacking a specific release date, which highlights Apple's struggles in the AI race [2] - In contrast, Alphabet's rapid deployment of new AI models has attracted more users and investor interest, making it the top-performing stock among major tech companies last year [2] - Tesla's CEO Elon Musk acknowledged the competitive pressure from Nvidia's new AI reasoning model, Alpamayo, but suggested it would not pose a significant challenge for several years [3]

STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 40 points, or 0.15 per cent, at 26,186.50, signaling that Dalal Street was headed for a negative start on Thursday.Tech View: In the near term, the trend is likely to remain sluggish, with the range placed between 26000 and 26300. Any decisive fall below 26000 may trigger further weakness. On the other hand, a decisive move above 26300 would require for a directional upmove in the Nifty.India ...

Market Performance - The Dow Jones Industrial Average fell by 466 points, or 0.94%, closing below 49,000 after reaching a new high the previous day [1] - The S&P 500 decreased by 0.34%, while the Nasdaq experienced a slight increase of 0.16% [1] - The Russell 2000, representing small-cap stocks, declined by 7 points, or 0.30% [1] Company Developments - Alphabet (GOOGL) has become the second-largest company globally by market capitalization, surpassing Apple (AAPL) due to positive analyst sentiment regarding its potential as a leading AI platform [2] - Alphabet still trails NVIDIA (NVDA) by several hundred billion dollars in market cap [2] Employment Data - The Job Openings and Labor Turnover Survey (JOLTS) for November reported 7.15 million job openings, significantly below the expected 7.6 million and marking the lowest level since September 2025 [3] - The Accommodations and Food Services sector saw the largest decline in job openings, losing 148,000 positions, while the Construction sector was the only one to gain openings, adding 90,000 [4] - Job quits increased by 2% from a revised 1.9% in October, indicating a tight labor market where employees are hesitant to change jobs [5] Economic Indicators - The ISM Services index for December rose to 54.4%, exceeding expectations of 52.2%, while the ISM Manufacturing index was weaker at 47.9% [6] - Factory Orders for October decreased by 1.3%, worse than the anticipated decline of 1.2%, indicating ongoing challenges in the goods-producing sector [7] Upcoming Economic Reports - Expectations for the upcoming U.S. Employment Report for December include the addition of 73,000 jobs and a slight decrease in the unemployment rate to 4.5% [11] - Weekly Jobless Claims are expected to exceed 200,000, along with U.S. Trade Deficit and U.S. Productivity data for Q3 being released [10]

Market Performance - On January 7, US stock indices experienced a decline, with the Dow Jones falling by 466.00 points (0.94%) to close at 48996.08, while the Nasdaq rose by 37.10 points (0.16%) to 23584.27, and the S&P 500 dropped by 23.89 points (0.34%) to 6920.93 [1] - During the trading session, the Dow reached an intraday high of 49621.43, and the S&P 500 peaked at 6965.69, both marking historical highs [3] Energy Sector Developments - The US government announced it would indefinitely control Venezuelan oil exports, with Energy Secretary Chris Wright stating that sales would be managed by the US government, including both current inventory and future sales [2][3] - The US aims to stabilize and increase Venezuelan oil production by providing heavy crude oil diluents, parts, equipment, and services, with potential increases in daily production by hundreds of thousands of barrels in the coming years [4] Defense Sector Impact - President Trump indicated that defense contractors would not be allowed to distribute dividends or conduct stock buybacks until complaints regarding the industry are resolved, leading to declines in defense stocks such as Lockheed Martin (down nearly 5%) and Northrop Grumman (down over 5%) [4] Technology Sector Highlights - Alphabet's market capitalization surpassed Apple's, reaching $3.89 trillion compared to Apple's $3.85 trillion, reflecting divergent strategies in artificial intelligence [5] - Intel's stock rose by 6.47% following the announcement of its new AI PC chip series based on 18A process technology, marking a significant milestone in its manufacturing revival and technology leadership [7]

International News - Gold futures in New York surpassed $4,470 per ounce, with a daily increase of 0.17% [1] - Goldman Sachs announced an agreement to transition the Apple Card project to JPMorgan Chase, expected to be completed in approximately 24 months, with the agreement including over $1 billion in balance reduction benefits [1] - Samsung Electronics' fourth-quarter profit surged by 208%, exceeding market expectations, driven by a significant increase in storage chip prices due to global AI server demand; average DRAM prices rose over 30% quarter-on-quarter, while NAND prices increased by about 20%, with strong pricing expected to continue through 2026 and possibly into the first half of 2027 [1] - The U.S. investment-grade dollar bond issuance reached $88 billion this week, the highest since 2020 [12] - Bitcoin fell below $91,000, with a daily decrease of 2.96% [13] Domestic News - Nickel futures fell by 2%, currently priced at 142,460.00 yuan [15] - Glass futures increased by 2%, currently priced at 1,156.00 yuan [16] - Spot silver dropped below $77 per ounce, with a daily decline of 5.27% [17]

另一处物业由巴内特夫妇在2021年以4590万美元购入，距离前一庄园不到一英里。斯隆是亿万富翁乔 治.L.林德曼(George L.Lindemann)的女儿，丈夫罗杰是保健品制造商嘉康利的CEO。巴内特夫妇在2024 年将旧金山的一栋豪宅以约7000万美元出售给已故苹果创始人史蒂夫.乔布斯(Steve Jobs)的妻子劳伦.鲍 威尔.乔布斯(Laurene Powell Jobs)，创下了旧金山的销售纪录。 前刘易斯庄园配备健身房、水疗中心和带瀑布的游泳池 此前，加州提议举行公投，将对亿万富翁的资产征收一次性5%的税收。该政策将追溯适用于截至2026 年1月1日的加州居民。自该提案公布以来，知名科技企业家纷纷涌向佛罗里达州，迈阿密地区的房产中 介间充斥着关于哪位亿万富豪正在购置哪处房产的传闻。 佩奇 凤凰网科技讯北京时间1月8日，据《华尔街日报》报道，知情人士称，谷歌联合创始人拉里.佩奇(Larry Page)已斥资1.734亿美元(约合12亿元人民币)在佛罗里达州迈阿密购置了两处豪宅。在加州拟对亿万富 翁征税之际，佩奇与其他硅谷富豪纷纷涌入迈阿密。 房产记录显示，佩奇去年12月斥资1.015亿美元在迈阿密 ...

The S&P 500 has ended ‍lower, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and Alphabet lifted the Nasdaq as investors shifted towards AI-related stocks. ...