Core Viewpoint - Alphabet Inc. has surpassed Apple in market capitalization for the first time since 2019, although analysts view this as more anecdotal than a bullish market driver, with the company's stock price rising by a low single-digit percentage [1]. Group 1: Key Drivers - The current performance of Alphabet is driven by three main narratives: consumer AI chatbot powered by Gemini [2], AI chips driven by Ironwood TPU [3], and autonomous driving through Waymo [4]. Group 2: Gemini vs. ChatGPT - Gemini has shown a 30% growth in monthly active users (MAU) from August to November 2025, reaching 346 million, while ChatGPT only grew by 6% during the same period, with 810 million MAU [8][9]. - In December, traffic data indicated a 5.6% decline for ChatGPT, while Gemini's traffic increased by 28.4%, with average visit durations of 6 minutes 31 seconds for ChatGPT and 7 minutes 16 seconds for Gemini [8]. - Analysts estimate that if Gemini maintains its growth rate, it could potentially surpass ChatGPT in about 12 months [11]. Group 3: TPU and Market Dynamics - Alphabet's TPU is designed for inference tasks, reducing reliance on Nvidia GPUs, with significant cost advantages: a Google TPU cluster costs $99 million compared to $852 million for an equivalent Nvidia setup [15]. - However, analysts express skepticism about the TPU narrative due to energy efficiency concerns, as Nvidia's GPUs outperform Google's TPUs in this regard [18]. Group 4: Valuation and Market Sentiment - Alphabet's P/E ratios are competitive within the cloud services sector, with a Non-GAAP P/E of 30.58 for FY1, second only to Amazon [20]. - Analysts believe the optimistic sentiment is driven by Gemini's growing appeal against ChatGPT, positioning Alphabet as a key challenger in the consumer AI space [22]. - There are potential headline risks related to regulatory scrutiny, particularly concerning the acquisition of Wiz, which could impact market sentiment [23][26]. Group 5: Future Outlook - Analysts are closely monitoring Gemini's user growth and the outcome of the Wiz acquisition decision by the European Commission, as these factors will influence Alphabet's valuation and market position [26]. - Alphabet is currently testing historical highs in market capitalization, indicating strong investor interest [27].

模力工场新鲜事 2026 模力工场"产品体验官"计划正式启动！邀你共赴一场深度创造的旅程。在这里，你将不再只是新奇 AI 应用的体验者， 更是直接参与产品打磨的共建者。第一时间评测前沿应用，输出你的真实见解，积累创作积分，即可解锁包含极客邦生态 资源在内的专属权益礼包（总价值逾千元）。我们期待与你一起，定义更好用的 AI 生产力工具！ 027 周榜单总介绍 模力工场 第 027 周 AI 应用榜来啦！ 如果说上一阶段的 AI 应用，还主要停留在"帮你写一段文案、画一张图、给几个思路"，那很多用户的真实感受其实是——文章 写完了还得自己反复修改，图看着不错却达不到商用标准，方案有了却不知道下一步怎么落地。 而本周上榜的这些产品，已经明显迈入了下一个阶段：AI 开始接管那些你最容易卡住、也最耗时间的关键环节。比如——你不 会在 1688 里判断哪些是真正有潜力的跨境选品，不懂供应链怎么对接；你用过不少文生图工具，却发现生成的图要么风格不 稳定、要么版权和质量无法商用；你脑子里有产品想法，但一想到要写代码、搭后端、做部署就直接放弃；你想做一份调研报 告，却被资料收集、整理、核对反复拖慢节奏。 对应这些"最后一公里" ...

Key Points Its Waymo subsidiary might get quite a boost soon. U.S. lawmakers will soon hear proposals on how to increase autonomous vehicle deployments. 10 stocks we like better than Alphabet › Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Waymo subsidiary is a leader in self-driving technology. Given that, it was entirely reasonable for investors to trade up Alphabet stock on news that top American politicians would hold hearings on advancing such technology. Both of the tech giant's publicly traded sha ...

These stocks are trading at surprisingly discounted valuations.After 60 years at the helm of Berkshire Hathaway, Warren Buffett has stepped down. While in the leadership role, he heavily influenced the holdings of that company, and he typically bought stocks with a holding period of "forever" in mind.Knowing that, investors should assume his influence over Berkshire will be felt for some time to come. Some of those stocks could also soar in 2026, and these two have a good shot at earning market-beating retu ...

HAKINMHAN/iStock via Getty Images Can you recall a time when everyone in the room was looking at you funny? This is how I felt recently at the gym, when I was walking on the treadmill. I was walking slowly. I was walking on an incline. And I happened to be walking backwards. I had been dealing with persistent knee soreness from training for a half marathon, so I've been incorporating physical therapy exercises into my routine. Walking backwards is one such exercise. It looks unusual, but it has real bene ...

As Tesla Inc.’s (NASDAQ:TSLA) shares continue to soar, former fund manager George Noble says that its valuations are fundamentally disconnected from reality, even after considering its ambitious robotaxis and Optimus humanoid robots. Tesla Shares Significantly OvervaluedNoble, who ran Fidelity’s Overseas Fund, outlined Tesla’s “sum of the parts valuation,” considering its various products and segments, before comparing each of them with the valuations of peers and competitors, on Sunday, in a post on X.Star ...

Core Insights - Retail investors have shown significant interest in five stocks this week, driven by retail hype, AI advancements, and corporate news [1] Group 1: Target Corp. (NYSE:TGT) - Target was highlighted after activist investor Toms Capital Investment Management acquired a significant stake, which is seen as a potential catalyst for operational changes [5] - The stock is trading around $97 to $99 per share, with a 52-week range of $83.44 to $145.08, and has declined by 28.75% in 2025 and 7.30% in the last six months [6] Group 2: Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) - Retail investors are bullish on TSM ahead of its earnings release later this month [4] Group 3: Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) - GOOG is trading around $303 to $305 per share, with a 52-week range of $134.25 to $313.98, and has returned 50.75% in 2025 and 30.09% in the last six months [10] - The stock has shown strong performance driven by AI advancements, cloud growth, and progress in Waymo, outperforming its peers [10] Group 4: IREN Ltd. (NASDAQ:IREN) - IREN gained attention due to discussions about using Ukraine's Zaporizhzhia nuclear power plant for cryptocurrency mining, which could impact U.S. bitcoin production [16] - The stock is trading around $36 to $38 per share, with a 52-week range of $5.12 to $76.87, and has risen 261.09% in 2025 [17] Group 5: Strategy Inc. (NASDAQ:MSTR) - MSTR announced the purchase of 1,229 Bitcoin for approximately $108.8 million, increasing its holdings to 672,497 BTC [17] - The stock is trading around $150 to $152 per share, with a 52-week range of $151.42 to $457.22, and has declined by 49.35% in 2025 [19] Group 6: Market Context - The retail focus has combined meme-driven narratives with earnings outlooks and corporate news, amidst negative market action in the S&P 500, Dow Jones, and Nasdaq [18]

Core Viewpoint - The article suggests that investing in specific stocks can lead to positive returns in 2026, highlighting three companies as top picks for investors. Group 1: Alphabet - Alphabet is well-positioned to benefit from the growing demand for artificial intelligence (AI) products and services, with expectations of significant profits in 2026 [3][4] - Google Cloud is experiencing faster growth compared to competitors like Amazon's AWS and Microsoft's Azure, aided by the launch of the Google Gemini 3.0 large language model [3][4] - The integration of generative AI into Google Search is enhancing search traffic and advertising revenue, contrary to predictions of it being a "Google killer" [4] - The company has a market capitalization of $3.8 trillion, with a current stock price of $313.34 and a gross margin of 59.18% [4][5] Group 2: Vertex Pharmaceuticals - Vertex Pharmaceuticals is expected to see increased momentum for its new cystic fibrosis therapy, Alyftrek, which may cannibalize sales of existing products but is anticipated to boost overall profits [7][10] - The company’s non-opioid pain drug, Journavx, is projected to expand its market access in 2026, leading to higher sales [8] - Vertex is pursuing accelerated approval for Povetacicept as a treatment for IgA nephropathy, a chronic kidney disease affecting a larger patient population than cystic fibrosis [10] - Vertex has a market capitalization of $115 billion, with a current stock price of $453.36 and a gross margin of 86.29% [9][10] Group 3: Enbridge - Enbridge is characterized as a stable investment with a high forward dividend yield of 5.8%, having increased its dividend for 30 consecutive years [12][13] - The company has significant long-term growth prospects, estimating around $50 billion in growth opportunities, particularly in its gas transmission business [14] - Enbridge's operations provide steady cash flow, making it a reliable choice for investors, especially in uncertain economic conditions [15][16] - The company has a market capitalization of $104 billion, with a current stock price of $47.83 and a gross margin of 32.82% [13][14]

先来看三个观点： 1. 美国，未来主要押宝三件大事：AI芯片；大规模的AI基础设施建设；闭源大模型，做从0到1科技创新。 2. 中国，作为全世界最大的硬件大国、制造大国，中国将用人工智能去改造所有的生产线、产品；作为全世界最大的应用市场，将尽快将新的技 术变革化为应用。 点击上图▲立即收听 " 这套 ' 资本 + 人才 + 政策 ' 的组合拳，正是中国近年来科技和高端制造业能在较短时间内取得重大进步的关键，也将是未来中国科技战略的重要优势。 " 文 /巴九灵（微信公众号：吴晓波频道） "世界的进步好像已经不能只靠互联网推动，我们要进入第四次浪潮：人工智能革命。" 在刚刚结束的"AI闪耀中国"吴晓波科技人文秀上，吴老师如是说道。 浪潮早已来临，在2026年的第一天，我们就以一场事关国运的世纪大竞赛开始讲起。 演讲中，吴老师分别用三个观点和两组数据为我们描绘了这场竞赛的全貌。 3. 中美两国将在五个AI创新领域进行角逐：人工智能、机器人技术、能源存储、区块链技术和多组学测序。 再来看数据： 1. AI的尽头是算力，多家机构预测，2030年，美国AI算力累计投资将达到3万—4万亿美元，特朗普的"创世纪计划"是194 ...

Core Viewpoint - Citizens raised its price target on Alphabet to $385 from $340 while maintaining a Market Outperform rating, driven by improving search fundamentals and multiple medium-term growth drivers [1] Group 1: Price Target and Rating - Citizens increased Alphabet's price target to $385 from $340, maintaining a Market Outperform rating [1] - The firm's reassessment of estimates and valuation was prompted by Alphabet's shares more than doubling from their May lows [2] Group 2: Revenue Growth and Catalysts - Citizens believes Google could further accelerate search revenue in the fourth quarter of fiscal 2025, which is a key near-term question for investors [2] - Medium-term catalysts identified include Gemini, Google Cloud, Waymo, and custom TPUs, expected to support broader results inflection in 2026 and 2027 [3] Group 3: Search Performance and Advertising - Query growth in search appears to be accelerating due to AI Overviews, AI Mode, and Gemini, leading to higher engagement [3] - Smart Bidding Exploration is expanding Google's advertising load by connecting advertisers to user intent rather than keywords, increasing the proportion of queries linked to ads [3] Group 4: Q3 Performance and Future Expectations - The third quarter marked the first full period with Smart Bidding Exploration, and the fourth quarter is expected to benefit similarly, supported by a stable macro backdrop for holiday advertising spend [4]