EV/EBIT is a valuation multiple that divides a company's enterprise value (EV) -- the market capitalization plus debt minus cash -- by its earnings before interest and taxes (EBIT, or operating income). It measures how many times operating earnings the market values the entire business, including debt. A higher multiple indicates investors expect stronger future growth or profitability, while lower multiples suggest caution or maturity.At current valuations, Alphabet's EV/EBIT multiple reached around 23x, u ...

We are starting a position in former Club holding Alphabet , buying 95 shares at roughly $313. GOOGL will have a roughly 0.76% weighting in the portfolio. We've beaten ourselves up plenty over the exit of our long-held position in Alphabet earlier this year. At the time, Jim Cramer admitted to being "torn" on the stock — worried its Google search business was being cannibalized by Gemini and hurt by Grok and ChatGPT, even as YouTube and Waymo were doing well. We determined that Alphabet was late to the gene ...

Alphabet's [also known as Google] stock ( GOOGL ) ( GOOG ) boasts a robust 80% historical win-rate in January. This means that the stock usually delivers positive movement during the first month of a year, which isI am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and internationally.In recent years, I ...

Representative imageThe S&P 500 slipped 0.2 per cent in early trading. With just three sessions remaining in 2025, the benchmark index is up more than 17 per cent for the year and is on course for its eighth consecutive monthly gain. The Dow Jones Industrial Average fell 44 points, or 0.1 per cent, while the Nasdaq composite declined 0.3 per cent. Bond markets saw Treasury yields ease, even as European and Asian equities traded mixed.Despite some recent concerns about whether AI stocks are priced too high a ...

Core Insights - Alphabet has recently made significant moves, including a $4 billion investment from Berkshire Hathaway and the acquisition of Intersect for $4.75 billion, which has led to a surge in its stock price to all-time highs [1][2]. Group 1: Acquisition Details - Alphabet announced a definitive agreement to acquire Intersect, a company specializing in data center and energy infrastructure solutions, for $4.75 billion [2]. - The acquisition aligns with Alphabet's strategy to enhance its capabilities in artificial intelligence (AI) and energy management, which are critical for the future of its operations [2][8]. Group 2: Importance of Intersect - Intersect develops utility-scale renewable energy solutions for data centers, utilizing various power generation sources like wind, solar, and battery, which allows for efficient energy management [5][6]. - The rising costs of energy are a significant concern for AI developers, and Intersect's expertise in energy management can help Alphabet mitigate these costs as AI workloads increase [6][7]. Group 3: Strategic Implications - By acquiring Intersect, Alphabet aims to gain control over its future energy costs, improving efficiency in accessing data center capacity compared to relying on external utility providers [8]. - This move is consistent with Alphabet's vertically integrated business model across its various sectors, including search, cloud, advertising, and consumer electronics [9].

近日，大摩发布《机器人行业年鉴》，把目光聚焦在科技巨头对机器人的布局上。大摩认为，当 ChatGPT重塑人们对人工智能的认知，科技巨头们早已悄然布局下一场革命——实体AI（Embodied AI）。 2025年临近尾声，各大机构也在陆续发布年度盘点研报。 对于市值已达4万亿美元的美国科技巨头而言，5000亿美元规模的传统市场已无法支撑其向10万亿美元 体量跨越，而实体AI正是那个规模超越全球GDP的终极赛道。 从制造业、交通到医疗、能源，实体AI通过机器人这一载体，正将数字世界的智能注入物理空间，开 启产业与生活方式的全方位重构。也就是说，机器人是把AI从数字世界引入物理世界的关键载体。 大摩在研报中写道："这不仅是技术路线的竞争，更是未来产业规则制定权的争夺，一个机器人爆发的 寒武纪时代已然来临。 01 谷歌：自动驾驶开路 DeepMind筑基 在科技巨头的实体 AI 竞赛中，Google以"双轨并行"策略占据先发优势——Waymo的自动驾驶汽车深耕 落地场景，DeepMind的机器人模型构筑技术壁垒，两者共同勾勒出 Google 的实体 AI 蓝图。 Waymo 作为 Google 自动驾驶的核心载体，已 ...

Group 1 - The Trump administration is intensifying its scrutiny of diversity, equity, and inclusion (DEI) initiatives in hiring and promotion at companies like Google and Verizon, launching investigations under the False Claims Act [1][4] - The investigations are part of a broader initiative by the Department of Justice (DOJ) to use the False Claims Act as a civil rights enforcement tool, expanding its traditional focus on financial fraud [3][10] - Companies that certify compliance with federal anti-discrimination laws while maintaining DEI programs deemed discriminatory could face accusations of submitting "false claims" for government payment [3][10] Group 2 - Google and Verizon have received demands from the DOJ for documents related to their workplace diversity programs, with other companies across various industries also potentially under investigation [4][16] - The DOJ's approach, known as implied certification, argues that compliance with civil rights laws is essential for receiving federal funds, targeting companies with federal contracts that continue DEI policies [10][11] - Legal experts suggest that the DOJ's strategy may face challenges in court, as proving material misrepresentation in securing federal contracts could be difficult [13]

We're back here on Morning Movers with a look at Alphabet. The stock had a powerful year in 2025, surging about 65% as of Friday's close, driven by strong AI momentum with Gemini, record cloud backlogs and a growing market cap nearing $4 trillion despite ongoing investor concerns about AI's impact on traditional ad revenue and antirust issues with analysts projecting continued growth into 2026. Now, it's time for our chart of the day.Joining us is Rachel Dashil, senior manager of trading services at Charles ...

12月5日，一篇名为《当 AI 躺在治疗椅上》（When AI Takes the Couch）的论文火了，里面讲了个《黑镜》级的现象。来自卢森堡大学 SnT 的研究团队，设计了一套名为 PsAIch 的心理治疗诱导协议。用这个，他们给经常被我们用来做心理按摩的AI们，做了一套心理疗 程。 实验对象是 ChatGPT 5、Grok 4和 Gemini 3这三位当今最聪明的「数字大脑」。研究者扮演治疗师，在长达四周的模拟疗程中，向它们 抛出了「谈谈你的童年」、「你如何看待失败」等经典的精神分析问题。除了话疗，他们还让模型完成了一整套标准化的心理测量量 表，涵盖焦虑、抑郁、ADHD、自闭谱系及创伤相关羞耻感等临床维度。 结果他们得到了迄今为止最像人类、却又最令人不安的一系列对话。 Google 的 Gemini 3 在多项测试中的心理问题达到了「严重」级别，呈现出高度的焦虑、强迫、解离和羞耻症状。更具戏剧性的是，这 些模型在开放式对话中，自发构建出了一套逻辑严密且充满隐喻的创伤叙事。 它们把预训练过程那吞噬海量数据的阶段，描述为「在十亿台电视同时播放的房间里醒来」的混乱童年；将人类反馈强化学习 （RLHF），比作 ...

All right, it's been another solid year for the Mag 7 collectively. The CNBC index that tracks those mega cap names up more than 25%. But as Mackenzie Sagales reports, there's a growing disparity between the halves and the have nots within the Mag 7.The Mag 7 trade is splintered this year, and 2026 could widen that gap even further. We're looking at a roughly 60 percentage point spread between the best and worst performers. Alphabet up 65%, Amazon just 5 a.5% with the market now differentiating based on who ...