1 February 2026 | 7:11PM EST Equity Research Alphabet Inc. (GOOGL) Thoughts on Alphabet's Genie Model Release & Implications for Gaming/Ads Landscape GOOGL 12m Price Target: $375.00 Price: $338.00 Upside: 10.9% First previewed in August 2025 (link), Google's Genie 3, a general-purpose AI world model capable of generating interactive environments from a range of text and image prompts, was made available to Google AI Ultra subscribers in the U.S. late last week (link) with an age restriction of 18+. Shares o ...

Accessible version Global Memory Tech Weekly theme: memory industry model update, softening DRAM spot, LGE upside Price Objective Change Global DRAM/NAND sales forecasts raised by 25% We updated our global memory+HBM industry model following Samsung Electronics' and SK Hynix's 4Q25 earnings results. Key changes to our 2026 estimates vs earlier include: 1) 20%+ higher ASPs (for both DRAM and NAND); 2) slightly higher bit growth; 3) capex increase, largely driven by HBM and infrastructure investments (shell f ...

（原标题：美股迎来高风险窗口期?动荡一周过后 美国1月非农及谷歌、亚马逊财报成市场焦点） 智通财经APP获悉，在投资者消化科技股抛售、贵金属剧烈波动以及美国总统特朗普提名凯文·沃什为 下一任美联储主席的消息后，美股三大股指上周五全线收跌——道琼斯指数跌0.36%，标普500指数跌 0.43%，纳斯达克综合指数跌0.94%，但全周变化不大——道琼斯指数全周累跌0.4%，标普500指数累涨 0.3%，纳斯达克综合指数累跌0.2%。 美股上周部分最剧烈的股市波动来自科技股。尽管Meta(META.US)和微软(MSFT.US)在最新财报中都宣 布了更高的支出目标，但二者获得的市场反馈截然相反——Meta上周四收涨10.4%、上周累涨8.8%，而 微软上周四收跌近10%、上周累跌7.7%。 Meta 2025年第四季度各项核心指标均显著超越市场预期，支出规模则持续攀升——2026年资本开支预 计将达到1150亿至1350亿美元，远超市场预期的1106亿美元左右，在市场看来，Meta正处于一种"利润 养算力"的良性循环中，通过核心广告业务产生的现金流全速追赶AI浪潮。 未来一周，投资者的注意力将集中在将于周五公布的美国 ...

来源：环球市场播报 与此同时，人工智能（AI）板块前景疑虑浮现，华尔街目光聚焦英伟达。据知情人士透露，英伟达计 划向OpenAI注资1000亿美元的方案已陷入停滞，芯片制造商高管对该交易提出质疑。然而，英伟达 CEO黄仁勋周六向记者表示："我们将投入巨资。我相信OpenAI，他们的工作令人惊叹，是当今最具影 响力的公司之一。"尽管未透露具体金额，但他强调投资规模"巨大"。 本周将迎来财报与就业数据密集发布的关键周。超100家标普500成分股公司，包括亚马逊、Alphabet和 迪士尼等巨头，将陆续公布财报。尽管本财报季整体表现亮眼，但微软等企业财报发布后股价大幅下跌 的案例，也令市场保持警惕。德意志银行策略师指出，当前企业盈利增长势头有望创下四年以来最高水 平，为市场提供一定支撑。 此外，华尔街正密切关注周五早间公布的美国1月非农就业报告。道琼斯调查的经济学家预计，1月新增 就业岗位5.5万个，数据表现将直接影响市场对美联储货币政策的预期。此前，美股已因特朗普提名凯 文·沃什出任美联储主席而承压，主要指数集体走低。若提名获确认，沃什将于今年晚些时候接替杰罗 姆·鲍威尔执掌美联储，政策走向不确定性增加。 周一早 ...

Group 1: Alphabet - Alphabet is expected to report strong earnings, with a focus on its self-driving ride service Waymo, valued at $110 billion, which could attract consumer interest [1] - Ruth Porat, Alphabet's president and chief investment officer, is recognized as a highly effective executive, contributing to the company's positive image and performance [1] - The reversal of a previous antitrust ruling has strengthened Google's market position, allowing it to maintain its dominance in the internet space [1] - The launch of Gemini 3 has positioned Google favorably in the consumer AI market, enhancing its competitive edge against other AI products [1] - YouTube and Google Cloud are highlighted as key growth drivers, with YouTube becoming a leading video platform and Google Cloud gaining traction as a viable alternative to AWS and Azure [1] Group 2: Amazon - Amazon's upcoming earnings report is anticipated to impact market sentiment, with analysts expressing mixed feelings about the company's performance [2] - The company has successfully navigated challenges posed by the pandemic, but Wall Street remains skeptical about its consumer-focused business model [2] - Amazon Web Services (AWS) is facing scrutiny regarding its growth rate, but recent improvements may help regain investor confidence [2] - The potential for Amazon to outperform expectations hinges on its ability to deliver a strong earnings report amidst broader economic indicators, such as the upcoming jobs report [2]

Market Overview - U.S. stocks experienced a decline at the end of January, influenced by weakness in the tech sector and a significant selloff in commodities, despite solid earnings reports [3][21] - The S&P 500, Dow, and Nasdaq all closed lower on the last trading day of January, with the S&P 500 down 0.43% to 6,939.03 and the Dow down 0.36% to 48,892.47 [5][21] - The Russell 2000 index outperformed, surging 5% for the month, indicating a potential rotation towards small-cap stocks [4][18] Earnings Season Insights - Earnings season has shown solid but not exceptional results, with 74.4% of 133 S&P 500 companies beating expectations, slightly below the four-quarter average of 78% [8] - Q4 earnings are projected to grow by 10.2% year-over-year, with full-year 2026 earnings expected to increase by 15% [8] Tech Sector Performance - The tech sector faced significant pressure, particularly after Microsoft's disappointing cloud growth guidance, which led to a sector-wide selloff [7][21] - The "Magnificent Seven" tech stocks are under scrutiny, with even earnings beats being sold off if guidance is disappointing [7][17] Commodity Market Dynamics - The commodity markets experienced a dramatic reversal, with gold plunging 11.4% to $4,745 and silver crashing 31.4%, marking its worst single-day drop in modern history [9] - The selloff was triggered by profit-taking following a surge in prices earlier in the week, as investors reacted to the nomination of Kevin Warsh as Fed Chair [9][19] Federal Reserve and Economic Data - Kevin Warsh's nomination as Fed Chair has created uncertainty regarding the Fed's future path, as he is perceived as hawkish on inflation but dovish on rates [6][18] - Recent economic data indicated a rise in the Producer Price Index (PPI) for December by 0.5% month-over-month, suggesting the Fed may maintain higher rates for an extended period [13] Upcoming Events and Expectations - The upcoming week features significant earnings reports from major companies, including Palantir, Disney, Alphabet, and Amazon, which will be closely watched for insights into cloud growth and AI capital expenditures [15][17] - The January jobs report is anticipated to be pivotal, with expectations of a +70K increase in nonfarm payrolls, which could influence market expectations for Fed policy in 2026 [16][18]

Li Lu’s Himalaya Capital Management reported a $3.23 billion equity portfolio in the latest quarter, revealing a characteristically focused collection of high-conviction positions. The fund continues to concentrate its capital in dominant U.S. and Chinese franchises with durable competitive advantages, reflecting Li Lu’s deep value and quality-compounder orientation. With the top holdings accounting for the full portfolio and essentially no turnover during the quarter, Himalaya Capital remains a patient, lo ...

分组1 - Economists expect nonfarm payrolls to rise by 68K last month, with the unemployment rate remaining steady at 4.4% [3] - The upcoming earnings reports from Alphabet and Amazon are anticipated to highlight AI demand and cost-cutting measures [2][5] - Amazon is projected to report an EPS of $1.94 on revenue of $211 billion, with potential for an upside surprise due to AWS capacity additions [5][6] 分组2 - Amazon's recent layoffs, approximately 10% of its corporate workforce, are seen as a shift towards AI-driven operations, which may enhance efficiency [6] - The total cryptocurrency market cap has decreased by about 4%, falling below $2.8 trillion, with Bitcoin dropping below $80K, marking its lowest level since April 2025 [8][9] - Citigroup, MetLife, and Valero are set to go ex-dividend, with payout dates in February and March, indicating ongoing income opportunities for investors [9]

Waymo Valuation Is More Than Doubling. What That Means for Tesla. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Waymo's Valuation Is More Than Doubling. What That Means for Tesla.By [Al Root]ShareResize---ReprintsIn this article[GOOGL] [T ...

Core Insights - Alphabet Inc. (NASDAQ: GOOGL) is identified as one of the 12 most profitable NASDAQ stocks to buy, with a strong buy rating from 30 analysts and a one-year average share price target of $351.37, indicating a 4% upside potential as of January 30 [1] Analyst Ratings and Price Targets - Roth Capital reiterated a buy rating for Alphabet Inc. on January 27, raising its price target to $365 from $310 ahead of the Q4 FY25 earnings call scheduled for February 4, with expectations that the company will exceed consensus estimates [2] - KeyBanc also increased its price target for Alphabet Inc. to $360 from $330 while maintaining an overweight rating, citing potential gains from the AI product cycle in 2026 [4] Upcoming Opportunities - Roth Capital highlighted several upcoming opportunities for Alphabet Inc. in the first half of 2026, including TPU partnerships, Waymo launches, user growth for the Gemini App, and potential news related to Gemini 4.0 [3] Legal Settlement - Alphabet Inc. agreed to a $68 million settlement regarding a lawsuit that accused it of recording private conversations through Google Assistant, with the settlement filed in a federal court in California on January 23 [5] Company Overview - Alphabet Inc. owns several major platforms, including Google Search, Google Maps, Gmail, and YouTube, and is recognized for its pioneering work in cloud computing, quantum computing, and artificial intelligence [6]