Core Insights - Alphabet's stock (NASDAQ: GOOGL) has surged by 24% in one month, attributed to a favorable ruling in its antitrust case and the increasing popularity of the Gemini app [2][3] - The performance of GOOGL is being compared to its peers to assess its valuation, growth, and profit margins [3] Revenue Growth Comparison - GOOGL's revenue growth over the past 12 months stands at 13.1%, outperforming Apple (AAPL) and Amazon (AMZN), but lagging behind Microsoft (MSFT), Meta (META), and others [5] Operating Margin Comparison - GOOGL's operating margin is reported at 32.7%, which is strong compared to most peers but lower than Microsoft's 45.6% [5] PE Ratio Comparison - GOOGL has gained 60.5% in the past year and currently trades at a price-to-earnings (PE) ratio of 26.4, outperforming many of its competitors [5]

Core Viewpoint - Alphabet Inc. is recognized as a high-powered long-term growth stock following a favorable court ruling that supports its partnership with Apple Inc. [1][3] Financial Performance - The company reported double-digit growth in both its search engine and YouTube platform, with an annual revenue run rate exceeding $50 billion [2][3]. Legal Developments - A U.S. District Judge ruled against the Department of Justice's request for the forced divestiture of key assets, positively impacting Alphabet's partnerships, particularly the multi-billion-dollar agreement with Apple [3]. Institutional Interest - As of the second quarter of 2025, 219 hedge funds are invested in Alphabet Inc., indicating strong institutional interest in the stock [4]. Company Overview - Alphabet Inc., founded in 2015 as a restructuring of Google, is headquartered in California and manages a diverse portfolio, with Google, Android, and YouTube as its largest subsidiaries [4].

Upgrades - Loop Capital upgraded Union Pacific (UNP) to Hold from Sell with a price target of $227, increased from $214, noting shares are down 5% year-to-date and valuation multiples are modestly above five-year lows [2] - BofA upgraded Prologis (PLD) to Buy from Neutral with a price target of $130, up from $118, citing improved lease conversion rates in Q3 compared to Q2 and positive demand-supply dynamics expected through 2026 [3] - Goldman Sachs upgraded Hershey (HSY) to Buy from Sell with a price target of $222, raised from $170, highlighting a compelling risk/reward scenario after multiple guidance reductions [4] - Arete upgraded Baidu (BIDU) to Buy from Sell with a price target of $143, emphasizing the potential of Baidu's Kunlun chip venture to offset challenges in its online advertising business [5] - Citizens JMP upgraded CoreWeave (CRWV) to Outperform from Market Perform with a price target of $180, projecting growth of its GPU-as-a-service business to an estimated $300 billion from $3 billion to $4 billion currently [4] Downgrades - TD Cowen downgraded Warner Bros. Discovery (WBD) to Hold from Buy with an unchanged price target of $14, expressing concerns about the stock's risk/reward after a recent rally [6] - Rothschild & Co Redburn downgraded Live Nation (LYV) to Neutral from Buy with a price target of $170, up from $144, indicating slower margin expansion and reduced earnings upside potential [6] - Stifel downgraded VF Corp. (VFC) to Hold from Buy with a price target of $16, increased from $15, stating that the stock's risk-reward is now balanced after a 12.5% one-month return [6] - JPMorgan downgraded Camp4 Therapeutics (CAMP) to Neutral from Overweight without a price target, noting early-stage challenges in its lead program despite a cash runway into 2027 [6] - JPMorgan downgraded Neumora Therapeutics (NMRA) to Underweight from Neutral without a price target, citing a failed Phase 3 trial for its treatment in major depressive disorder [6]

Now for our chart of the day. Joining us for a breakdown is Kevin Hero, senior manager of trading services, Charles Schwab. Had to catch myself there.Uh because you know, you're so used to companies being in the billions and now we've got companies in the trillions here. Um all right, Kevin. So let's talk about this chart.I mean, it's been quite the climb for Alphabet Google and there were believers who said this would happen. Um what's your analysis here. Well, the short-term trend is pretty intriguing her ...

U.S. companies are lining up to borrow in euros with bond sales hitting a record $100 billion so far this year, reflecting attractive European funding conditions and a growing willingness among issuer... ...

Core Viewpoint - U.S. companies are increasingly borrowing in euros, with bond sales reaching a record $100 billion in 2024, driven by favorable European funding conditions and a shift away from the dollar [1][2]. Group 1: Market Trends - The offshore fundraising, termed "reverse Yankees," has surged from just over $78 billion for the entirety of 2024, indicating a strong trend towards euro-denominated debt [2]. - The dollar has dropped by 10% this year, influenced by concerns over U.S. trade policy, while the European Central Bank is advocating for a "global euro moment" [2]. - There is a significant trend of asset reallocation towards euros, as indicated by fund flows favoring euro-denominated debt among global issuers [3]. Group 2: Issuance Details - The current cost of issuing bonds in euros, after currency swaps to dollars, is better or comparable for U.S. companies compared to issuing in dollars [5]. - Non-financial firms have led the increase in reverse Yankee issuance, selling nearly 50 billion euros ($59 billion) of bonds, marking a 32% year-on-year increase [5]. - U.S. financial firms have nearly doubled their euro-denominated bond issuance to approximately 35 billion euros this year [7]. Group 3: Notable Companies - Major companies such as Alphabet, Visa, PepsiCo, Fiserv, and Verizon have recently engaged in euro-denominated bond sales, with Alphabet raising almost 7 billion euros in May [6].

Core Insights - Google has inaugurated a new data centre in Waltham Cross, Hertfordshire, as part of a £5bn ($6.8bn) investment in the UK to enhance its AI infrastructure [1] - The investment is expected to create approximately 8,250 jobs annually within UK businesses and accelerate the UK's AI economy [2] Investment Details - The £5bn investment includes spending on capital projects, research, and engineering over two years, with a focus on AI research in science and healthcare by Google DeepMind [2] - The Waltham Cross data centre represents a $1bn investment and was initially announced in January 2024 [4] Economic Impact - UK Chancellor Rachel Reeves stated that Google's investment is a strong vote of confidence in the UK economy, contributing to job creation and economic growth [3] - Ruth Porat, Alphabet and Google president, mentioned that the investment could add £400bn to the UK economy by 2030 [7] Technological Advancements - The data centre is designed to supply essential computing resources to support AI innovation and ensure reliable digital services for Google Cloud clients [5] - It features advanced air-cooling technology to minimize water usage and supports off-site heat recovery for local homes and businesses [6] Sustainability Initiatives - Google has appointed Shell Energy Europe as its 24/7 Carbon-Free Energy Manager in the UK to manage clean energy supply fluctuations [7]

Core Viewpoint - Google, through its parent company Alphabet, announced a £5 billion ($6.8 billion) investment in the U.K. for artificial intelligence development, coinciding with U.S. President Donald Trump's state visit [1][2] Group 1: Investment Details - The £5 billion investment will support the development of AI technologies and is expected to create 8,250 jobs annually in U.K. businesses [3] - A new state-of-the-art data center will be opened in Waltham Cross, approximately 12 miles (19 kilometers) north of central London, to meet the growing demand for AI-powered services [2][3] Group 2: Economic Impact - The investment is projected to contribute £400 billion to the U.K. economy by 2030, enhancing critical social services [4] - U.K. Finance Minister Rachel Reeves described the investment as a "powerful vote of confidence" in the U.K. economy and the partnership with the U.S. [3]

Core Viewpoint - The article indicates that a breaking news story is developing, with full coverage expected to be available soon [1] Group 1 - No specific company or industry details are provided in the current document [1]

Amazon’s satellite internet venture aims to be able to offer service to the US, Canada, France, Germany and the UK by the end of the first quarter of 2026, an executive said https://t.co/oku5lZF6ny ...