Tech conglomerate Alphabet (NASDAQ:GOOG) is set to announce its third-quarter earnings on Wednesday, October 29th, after the closing bell, with analysts expecting the company to report earnings per share of $2.27. Meanwhile, revenue is expected to grow more than 13% from last ...

Key Points It was generally a positive day for Chinese equities. Those active in both that country and the U.S. had particular reason to be cheerful. 10 stocks we like better than Tencent › An apparent easing of U.S.-China trade tensions was breathing life into equities from the Asian nation that are listed in our country. One of the beneficiaries was tech conglomerate Tencent Holdings (OTC: TCEHY), whose American depositary receipts (ADRs) closed Monday 3% higher in value. That was more than doubl ...

Group 1 - The market capitalization of companies surpassing $3 trillion is extremely rare, with Nvidia, Microsoft, and Apple being the only current members of this elite group, driven largely by enthusiasm surrounding artificial intelligence [1][2] - Alphabet has experienced a significant rise of nearly 27% this year, reaching a market cap of approximately $2.9 trillion as of October 9, despite facing various challenges [3] - The U.S. Department of Justice's lawsuit against Alphabet accused the company of monopolistic practices, which led to a federal judge ruling in favor of the DOJ, confirming that Google employed such practices to maintain its dominance in search [4][5] Group 2 - The judge's decision not to force Google to divest Chrome, a key component of its search business, was influenced by the competitive landscape created by AI chatbots like ChatGPT, which have changed user behavior in search [5][6] - The overall sentiment in the tech sector remains positive, with stocks that have reached a $3 trillion market cap benefiting from the excitement around AI, while Alphabet continues to explore growth opportunities across various business segments [7]

Core Insights - The tech conglomerate's American depositary receipts have increased by 116% in 2025 [1] Company Performance - The significant rise in the value of the American depositary receipts indicates strong market performance and investor confidence in the tech conglomerate [1]