A c tion | 30 Sep 2025 03:57:17 ET │ 17 pages Alphabet Inc (GOOGL.O) Raising CapEx Projections as Gemini & GCP Demand Ramp; Reit. Buy CITI'S TAKE With GenAI demand continuing to outpace supply and Google's product velocity accelerating, we are raising our CapEx projections on Google for 2026E and beyond. We now project 2026E CapEx to be ~$111B, up from ~$86B in '25E, and our new 5-year '24A-'29E CapEx spend CAGR is +26%. Underlying this growth is greater adoption of Google's AI products and services across ...

J P M O R G A N North America Equity Research 07 October 2025 Internet Thoughts on OpenAI DevDay & Sora Strength OpenAI product launches, partnerships, & newsflow continue at a rapid pace, and we wanted to provide some quick thoughts on OpenAI DevDay app integration into ChatGPT and the recent release of video and audio generation model Sora 2, along with early implications across the Internet space. See page 3 for analyst certification and important disclosures. J.P. Morgan does and seeks to do business wi ...

Core Viewpoint - The proposed merger between Dunamu, operator of Upbit, and Naver faces five significant legal hurdles that must be overcome for the deal to proceed, despite the potential to create a major player in the crypto-tech sector in East Asia [1][2]. Group 1: Legal Hurdles - Hurdle 1: Traditional Finance Regulations - South Korean regulators have imposed guidelines that effectively prevent traditional financial companies from engaging in crypto-related business, which poses a challenge for the merger [3]. - Hurdle 2: Stablecoin Legislation Uncertainty - The merger aims to facilitate the issuance of won-denominated stablecoins, but there is significant political and regulatory division regarding stablecoin legislation, which could hinder progress [4][5]. Group 2: Market Context - Upbit holds a dominant position in the South Korean crypto market, capturing approximately 72% of the market share, which highlights the strategic importance of the merger for both companies [1]. - Naver's interest in merging its financial unit with Dunamu is driven by the potential to enhance its payment ecosystem through the use of stablecoins, which could significantly expand its market presence [4][5].

We recently published 10 AI Analyst Calls You Should Pay Attention To. Alphabet Inc (NASDAQ:GOOG) is one of the stocks analysts were recently talking about. Steven Grasso, the CEO of Grasso Global Inc., said after the most recent quarterly results from Alphabet Inc (NASDAQ:GOOG) that he still believes Google search is facing “existential” threats from AI. The analyst said he would not be a buyer of Alphabet Inc (NASDAQ:GOOG) shares and explained his bear thesis on CNBC: “I still think there’s an existent ...

Core Insights - Chinese stocks have significantly outperformed the S&P 500 in the current year, indicating a strong market performance for this sector [1] Summary by Categories Market Performance - The KraneShares CSI China Internet ETF (KWEB) was previously viewed as having a compelling valuation, but technical factors needed improvement [1] Investment Outlook - The article suggests that a breakout in the market could be on the horizon, which may enhance the investment potential of Chinese stocks [1]

Core Insights - Chinese stocks have significantly outperformed the S&P 500 in the current year, indicating a strong market performance [1] - The KraneShares CSI China Internet ETF (KWEB) was previously viewed as having a compelling valuation, but technical factors needed improvement [1] Summary by Category Market Performance - Chinese stocks have shown a sharp increase compared to the S&P 500, suggesting a favorable investment climate in China [1] Investment Analysis - The KraneShares CSI China Internet ETF (KWEB) was assessed as neutral in Q2 2024, with a noted compelling valuation but requiring technical adjustments for better performance [1]

U.S. tech giant Google announced on Wednesday plans to invest 5 billion euros ($5.80 billion) in Belgium, which the compay said would create a further 300 jobs in the country. ...

Core Insights - Alibaba has established a "Robotics and Embodied AI Group" to enhance its AI capabilities [1] - The new team is part of the Tongyi Qianwen initiative, which focuses on developing flagship AI foundational models [1] - Lin Junyang, the technical head of Tongyi Qianwen, is involved in the development of multimodal models that can process voice, image, and text inputs [1] - These multimodal models are being transformed into foundational agents capable of executing long-sequence reasoning tasks, with applications expected to transition from the virtual world to the real world [1]

Group 1 - The article discusses three distinct companies: an entertainment platform, a digital freight company, and an online recruiter [1] Group 2 - The entertainment platform is likely focused on content delivery and user engagement, indicating a competitive landscape in the media industry [1] - The digital freight company is positioned within the logistics sector, highlighting trends in digital transformation and efficiency improvements [1] - The online recruiter operates in the employment services industry, reflecting changes in job market dynamics and recruitment practices [1]

Group 1 - The new feature in WeChat allows users to "revoke all messages sent in this session" within two minutes, enhancing the efficiency of message management [2][4] - This feature enables users to batch revoke messages, including text and images, addressing the issue of mistakenly sent multiple messages [4][6] - Currently, the feature is in a limited testing phase, available to only a small number of users, with a wider rollout expected in the future [6] Group 2 - Different message types have varying revocation time limits: text messages can be revoked within two minutes, while files like Word, Excel, and PDFs can be revoked within three hours [8][9] - Users can send images in a way that allows for revocation even after two minutes by sending them as files, which can be revoked within three hours [9][14]