Google will serve as the official cloud provider of the Los Angeles 2028 Olympic and Paralympic Games and has joined LA28 as a founding partner, organisers said on Wednesday, in a deal that also exten... ...

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025.Google is continuing to put restrictions on remote work, this time with a popular policy called "Work from Anywhere" that was established during the Covid pandemic.The policy has allowed employees to work from a location outside of their main office for up to four weeks per calendar year. According to internal documents viewed by CNBC, working remotely fo ...

Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) said on Wednesday that it will spend €5B ($5.8B) on cloud and artificial intelligence infrastructure in Belgium over the next two years. The investment includes an expansion of its data center campuses in Saint-Ghislain and will add ...

Key Takeaways The Trade Desk stock has tumbled 54.5% YTD, lagging the Internet Services industry's 30.4% growth.Ad-spending caution, higher costs, and competition from giants like Amazon are concerns.TTD's CTV, Kokai AI platform and UID2 initiatives remain key growth drivers despite near-term hurdles.The Trade Desk (TTD) stock has registered a sharp decline of 54.5% year to date, underperforming the Zacks Internet Services industry’s growth of 30.4% while the Zacks Computer & Technology sector and the S&P 5 ...

Core Viewpoint - HSBC initiated coverage on Alphabet Inc. with a Buy rating and a price target of $285.00, emphasizing confidence in the company's artificial intelligence strategy and diversified business model [1] Group 1: AI Ecosystem and Competitive Position - Alphabet's AI ecosystem, anchored by its Gemini model and custom chip development, positions the company strongly in the cloud and advertising sectors [2] - Google DeepMind is highlighted as a key advantage that underpins Alphabet's innovation [2] Group 2: Business Valuation and Market Share - Google Search and Google Cloud are identified as the company's two most valuable businesses, with expectations that AI Overviews and browser-based Gemini integrations will help maintain Google's approximately 90% share in the traditional search market [3] - HSBC projects that generative AI adoption will drive new customer acquisitions for Google Cloud and reinforce cloud lock-in effects [4] Group 3: Growth Prospects and Financial Metrics - YouTube is expected to benefit from continued growth in paid subscriptions and connected TV advertising [4] - The firm values Alphabet using a sum-of-the-parts approach, forecasting about 16% upside potential, with the stock's 22.6x FY26 GAAP P/E multiple justified by robust growth prospects in cloud and YouTube [4]

Core Viewpoint - A potential redesign of Gemini could enhance user engagement and act as a catalyst for Alphabet's stock performance [1] Group 1 - The redesign of Gemini is anticipated to increase user interaction, which is crucial for maintaining competitive advantage in the tech industry [1] - Alphabet's stock is already performing well, and the redesign could further amplify this positive trend [1]

Core Insights - Lyft (LYFT) shares are currently trading at a discount compared to its peers in the Zacks Internet Services industry, with a forward 12-month P/S ratio of 1.22X versus the industry's 6.44X, indicating a Value Score of B for LYFT [1][8] - The company has shown consistent growth in gross bookings, with a 12% year-over-year increase to $4.5 billion in Q2 2025, marking the 17th consecutive quarter of double-digit growth [4][8] - Lyft's share buyback program has been expanded to $750 million, supported by strong cash flow generation of $993 million over the trailing 12 months [6][9] Factors Working in Favor of Lyft - Gross Booking Growth: Lyft's gross bookings are benefiting from a growing active rider base, market expansion, and the success of the "Price Lock" feature, which allows users to avoid surge pricing [3][5] - Price Lock Feature: The introduction of the Price Lock feature has led to increased demand for ride-hailing services, particularly during weekdays as return-to-office trends gain momentum [5] - Share Buyback Strategy: The increase in the share repurchase program to $750 million reflects management's commitment to returning value to shareholders [6][9] Financial Performance and Estimates - The Zacks Consensus Estimate for Lyft's 2025 and 2026 sales indicates year-over-year increases of 12.8% and 14.3%, respectively, with EPS estimates trending upward [10] - Lyft's cash flow generation of $993 million supports its buyback strategy and overall financial health [9] Challenges and Headwinds - Tariff Tensions: Ongoing trade war concerns are negatively impacting Lyft's stock performance and creating market volatility [12][13] - Earnings History: Lyft has missed earnings estimates in two of the last four quarters, raising concerns about its financial stability [15] - High Debt Load: The company's times interest earned ratio of 4.9 is lower than industry standards, indicating potential risks related to debt obligations [15][17]

A Wall Street analyst is projecting upside potential for Alphabet (NASDAQ: GOOGL) stock, citing the company’s advancements in artificial intelligence.Specifically, Citizens analyst Andrew Boone reaffirmed a ‘Market Outperform’ rating on Alphabet while maintaining a price target of $290, representing a potential upside of about 15% from the current level of around $247. In the outlook, Boone praised Alphabet’s progress in integrating AI across its ecosystem but noted that competitive pressure is mounting due ...

Nvidia has soared thanks to its dominant position in the artificial intelligence (AI) chip market.Over the past decade, Nvidia (NVDA -1.10%) stock has soared by proportions that may have seemed unimaginable. The stock has advanced a mind-boggling 29,000%. That happened as the company got in on the artificial intelligence (AI) story in its earliest days, allowing it to tailor its chips to suit AI needs and take considerable market share.It's likely that Nvidia, as the leading AI chip designer, will continue ...

Middle Coast Investing, an investment advisor firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was favorable for Middle Coast Investing. Its collective portfolio outperformed the S&P 500 and is ahead of benchmarks year to date. In Q3 2025, the US Portfolios returned 9.6% compared to 7.8% for the S&P 500. It’s Core U.S. portfolios returned 10% while the Russell 2000 returned 12%, the S&P 600 returned 8.7% and the Nasdaq generated 11.2% for ...