Amazon (AMZN) Job Cuts Hit 16,000 Wall Street Pit

Key Points Logitech beat on sales and beat on earnings in its fiscal Q3 report. Guidance for the rest of the year also looks good. 10 stocks we like better than Logitech International › Logitech International (NASDAQ: LOGI) stock tumbled 6.4% through 12:45 p.m. ET Wednesday despite beating on both sales and earnings this morning. Heading into the company's fiscal Q3 2026 report, analysts forecast Logitech to earn $1.81 per share on sales of $1.41 billion. In fact, Logitech earned $1.93 per share on sales of $1.42 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Logitech Q3 earnings Logitech grew sales 6% year over year in Q3 and added 30 basis points to its gross margin -- now 43.2%. The company shaved down its spending on selling, general, and administrative costs even as sales rose -- and research and development investments increased. Result: Even as Logitech invested in its future, it managed to translate single-digit sales gains into a superb 21% improvement in per-share profits. It is worth noting that GAAP profits were only $1.69 per share; the "$1.81" profit that trounced estimates was non-GAAP. Still, as I look at the numbers, Logitech seems to have had a fantastic quarter. CEO Hanneke Faber agrees, calling the quarterly results both "excellent" and "broad-based across categories, regions, and both consumer and business channels." Is Logitech stock a buy? Turning to guidance, Logitech forecast $1.07 billion to $1.09 billion in Q4 sales (bracketing analysts' forecast for $1.08 billion). That should bring full-year sales to $4.82 billion or better, edging out forecasts. On earnings, the company sees pre-tax profit of about $160 million for Q4 and about $905 million for the year. Management did not give after-tax or free cash flow guidance. Still, with $905 million in trailing free cash flow, I get a 14.4x price-to-free cash flow ratio on the stock, which pays a 1.7%...

Key Points Indiana-based Kirr Marbach added 226,705 shares of BSCT in the fourth quarter; the estimated trade size was $4.27 million based othe n quarterly average price. Meanwhile, the quarter-end position value increased by $4.28 million, reflecting both trading and market price movement As of December 31, the fund held 652,689 BSCT shares valued at $12.29 million. These 10 stocks could mint the next wave of millionaires › Indiana-based Kirr Marbach disclosed a buy of 226,705 shares of BSCT in A January 26 SEC filing, with an estimated transaction value of $4.27 million based on quarterly average pricing. What happened According to the SEC filing dated January 26, Kirr Marbach increased its position in the Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 226,705 shares. The estimated value of the trade was $4.27 million based on the average closing price during the fourth quarter of 2025. What else to know BSCT makes up 2.3% of 13F reportable AUM after the purchase. Top holdings after the filing: NYSE:EME: $36.90 million (7.1% of AUM) NYSE:MTZ: $36.42 million (7.0% of AUM) NASDAQ:AVGO: $32.80 million (6.3% of AUM) NASDAQ:GOOGL: $28.21 million (5.4% of AUM) NYSE:VST: $26.96 million (5.2% of AUM) As of January 23, BSCT shares were priced at $18.80, up 2.5% over the prior year. The fund reported 58 positions and $523.16 million in 13F reportable assets. ETF overview Metric Value AUM $2.59 billion Yield 4.5% Price (as of January 23) $18.80 1-year total return 7.7% ETF snapshot BSCT’s investment strategy targets U.S. dollar-denominated investment grade corporate bonds maturing in 2029, seeking to track the performance of its underlying index. The portfolio consists primarily of 2029-maturity investment grade corporate bonds, with at least 80% of assets allocated to securities in the index. Its fund structure is a non-diversified ETF with a fixed maturity date, offering investors a defined time horizon and regular income distributions. The Invesco BulletSha...

The Invesco BulletShares 2029 Corporate Bond ETF focuses on investment grade bonds with a fixed maturity, aiming for steady income streams. Indiana-based Kirr Marbach disclosed a buy of 226,705 shares of BSCT in A January 26 SEC filing, with an estimated transaction value of $4.27 million based on quarterly average pricing. What happened According to the SEC filing dated January 26, Kirr Marbach increased its position in the Invesco BulletShares 2029 Corporate Bond ETF (BSCT 0.03%) by 226,705 shares. The estimated value of the trade was $4.27 million based on the average closing price during the fourth quarter of 2025. What else to know BSCT makes up 2.3% of 13F reportable AUM after the purchase. Top holdings after the filing: NYSE:EME: $36.90 million (7.1% of AUM) NYSE:MTZ: $36.42 million (7.0% of AUM) NASDAQ:AVGO: $32.80 million (6.3% of AUM) NASDAQ:GOOGL: $28.21 million (5.4% of AUM) NYSE:VST: $26.96 million (5.2% of AUM) As of January 23, BSCT shares were priced at $18.80, up 2.5% over the prior year. The fund reported 58 positions and $523.16 million in 13F reportable assets. ETF overview Metric Value AUM $2.59 billion Yield 4.5% Price (as of January 23) $18.80 1-year total return 7.7% ETF snapshot BSCT’s investment strategy targets U.S. dollar-denominated investment grade corporate bonds maturing in 2029, seeking to track the performance of its underlying index. The portfolio consists primarily of 2029-maturity investment grade corporate bonds, with at least 80% of assets allocated to securities in the index. Its fund structure is a non-diversified ETF with a fixed maturity date, offering investors a defined time horizon and regular income distributions. The Invesco BulletShares 2029 Corporate Bond ETF provides targeted exposure to investment grade corporate bonds maturing in 2029, allowing investors to ladder fixed income portfolios with defined maturity dates. The fund's strategy offers a blend of income generation and principal preservation, appealing to th...

Earnings Call Insights: National Bank Holdings Corporation (NBHC) Q4 2025 Management View CEO Tim Laney welcomed Vista teammates, highlighting the swift closure of the Vista Bank acquisition and emphasizing, "While the fourth quarter was noisy, we ended the year having grown tangible book per share by 10%, and we grew our CET1 capital ratio to 14.89%." He stated, "Our goal was to enter 2026 with a clean slate and with a focus on profitable growth." Laney praised the completion of Phase 1 of the 2UniFi build, noting a strong net interest income margin of 3.97% to close the year. CFO Nicole Van Denabeele described 2025 as a year where "we executed on key strategic priorities," specifically referencing the Vista acquisition, tangible book value growth, and a full-year net interest margin of 3.94%. She reported, "Excluding onetime items, fourth quarter net income totaled $22.7 million or $0.60 of earnings per diluted share." Van Denabeele explained, "We kick off the year with a combined loan portfolio of approximately $9.4 billion and are projecting 2026 loan growth to be approximately 10%." John Steinmetz, representing Vista, expressed, "We have partnered with a dynamic, high-performing team and platform, and I believe there is a tremendous potential for our combined organization." President Aldis Birkans highlighted, "We originated $591 million in total loans, the second highest loan production quarter in our company's history. $429 million of that came from commercial loan originations, a new record for us." Outlook NBHC projects 2026 loan growth of approximately 10%, with combined loan portfolio starting at $9.4 billion. Management expects the combined bank to generate earning asset growth of 7% to 10% during 2026. The company projects a fully taxable equivalent net interest margin for 2026 to "remain right around 4%, excluding the impact of future rate moves." For 2026, noninterest income is projected in the range of $75 million to $80 million, and noninterest expe...

格隆汇1月29日｜嘉信理财首席策略师凯西·琼斯：美联储FOMC声明可能针对通胀作出一些调整，金融状况宽松。

JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Since I last wrote about Canadian Utilities Limited ( CU:CA ) in May 2025, the company has posted a respectable total return of over 18%. After several years of sluggish growth, Canadian Utilities stock is benefiting due to several catalysts including the development of data centres in its operating jurisdiction and the advancement of some large electrical and gas transmission projects. Operating in Canada, Mexico and Australia, Canadian Utilities is part of the ATCO Ltd. ( ACO.X:CA ) Family of companies, which owns a majority equity stake in the company. Canadian Utilities main operating utility group "ATCO Energy Systems" is the largest gas distributor in Alberta with 1.3M gas customers and 265,000 electrical customers. Canadian Utilities Organizational Structure (Canadian Utilities Investor Presentation) Canadian Utilities is best known to investors as one of the preeminent dividend aristocrats in Canada. Although the company has slowed its pace of dividend growth in recent years, Canadian Utilities offers an unmatched dividend growth streak in Canada with 54 years of consecutive annual increases. With a 4.2% dividend yield, the utility continues to offer an steady source of cash payments to investors. The cash flow that underpins these dividends is backed by EBITDA generated from utility operations that are approximately 90% to 95% regulated. Q3 2025 Results For the first nine months of 2025, Canadian Utilities has delivered strong results, significantly improving on the company's performance over the first three quarters in 2024. Earnings attributable to shareholders increased from $316M in the year to September 30 2024 to $447M in the same period in 2025. This improvement is attributable to both operating segment improvements and losses on swap commodity contracts the dragged on earnings in 2024. On the operations side, ATCO Energy Systems delivered adjusted earnings of $98 million in the quarter, $...

格隆汇1月29日｜据CME“美联储观察”：美联储1月降息25个基点的概率为2.8%，维持利率不变的概率为97.2%。到3月累计降息25个基点的概率为15.5%，维持利率不变的概率为84.2%，累计降息50个基点的概率为0.4%。

Trevor Williams/DigitalVision via Getty Images Investment Action I give a buy rating for NIQ Global Intelligence Plc ( NIQ ) as the business has visible growth and a clear path to margin expansion. Unit economics should continue to improve as AI lowers the cost base. At the current share price, I think the market is not pricing in the potential for earnings to go way higher. Company Description NIQ is a global consumer intelligence company that sells market measurement and consumer behavior data to retailers and manufacturers. In its Intelligence segment, NIQ aggregates and standardizes point-of-sale data from a proprietary network of >3,600 retailers across >90 markets. As for the Activation segment, it uses the same underlying datasets to offer predictive analytics and targeted applications. The platform expanded meaningfully after the 2023 combination with GfK , as the deal extended NIQ’s reach beyond FMCG into technology and durables. NIQ’s revenue model is largely recurring, driven by multi-year subscription contracts for data access. The Value Proposition The core reason customers use NIQ is simple. NIQ helps them to close the information gap that they would not be able to do so on their own. Even for a large multinational company like Unilever, it cannot simply rely on internal shipment data to understand how it is really performing. If sales slow, that data alone cannot tell you whether the problem is brand-specific or whether the entire category is not seeing demand. In this instance, one would need a more neutral and aggregated view of the market, which is what NIQ provides by synthesizing all the data points it has collected. For NIQ, the data are not just provided without context. They are standardized and made comparable, and this elevates the value proposition because NIQ’s data can now become a shared reference point between retailers and suppliers (both sides lack a neutral, aggregate view of the market). When it comes to shelf space negotiation or h...

Philip Hoeppli/iStock via Getty Images All figures are in United States Dollars unless otherwise noted. G/T = grams per tonne (of gold or silver). GEOs = gold-equivalent ounces. SEOs = silver-equivalent ounces. AISC refers to all-in sustaining costs. LOMP = life of mine plan. TPD = tonnes per day. UG = Underground. MTPA = million tonnes per annum. FS/DFS = Definitive Feasibility Study. Seguela Mine, Cote d'Ivoire (Company Video) Introduction Fortuna Mining Corp. ( FSM ) is a multi-asset gold producer with two gold mines in Cote d'Ivoire and Argentina (Seguela, Lindero) and one polymetallic mine (silver-lead-zinc) in Peru (Caylloma). The company derives the bulk of its mine operating earnings from West Africa, making it a higher-risk producer from a jurisdictional standpoint. Further, while many of its peers in the intermediate producer space (*) have seen production growth over the past several years as they take advantage of acquisitions made earlier in the cycle, Fortuna Mining sports one of the weakest production profiles, largely because of divestments of non-core assets. Fortuna Mining Annual Gold & Silver Production (Company Filings, Author's Chart) (*) Intermediate producer defined as 250,000 to 500,000 ounces of gold-equivalent production per annum scale (*). In fact, gold production fell 25% year-over-year in 2025 while silver output fell ~74% and the makeup of its portfolio has also changed drastically, negatively impacting its multiples relative to peers. This is because Fortuna has become a producer more reliant on cash flows from West Africa (Cote d'Ivoire), a producer with reduced diversification (three mines vs. five) and a producer with minimal silver premium given that its silver production has slid from ~7.0 million ounces in 2018 to barely one million ounces of silver production per annum. Fortunately, there is a path to improving this production profile. This is because Fortuna hopes to make a construction decision for its small-scale Diamba Sud ...

Key events 15m ago The teams 26m ago Preamble Show key events only Please turn on JavaScript to use this feature 4m ago 19.07 GMT For Chelsea, Reece James looks to be playing centre-back, while Napoli have only named five subs. Antonio Conte has selected Leonardo Spinazzola on the the right flank, with Mathías Olivera on the left of the traditional Conte 3-5-2. It looks as though Chelsea have matched them man for man. A reminder that Napoli, despite their travails in this competition, have not lost at home for a year. Share 13m ago 18.57 GMT So, no Cole Palmer starting for Chelsea. Romelu Lukaku is also on the bench, for Napoli against his old club. Share 15m ago 18.56 GMT The teams Napoli XI: Meret; Buongiorno, Juan Jesus, McTominay, Olivera, Hojlund, Elmas, Di Lorenzo, Vergara, Spinazzola, Lobotka. Subs: Contini, Spinelli, Gutierrez, Lukaku, Beukema, De Chiara, Garofalo Chelsea: Sanchez, Gusto, James (C), Fofana, Cucurella, Caicedo, Andrey Santos, Estevao, Fernandez, Neto, Joao Pedro. Subs: Jorgensen, Merrick, Acheampong, Badiashile, Chalobah, Hato, Palmer, Gittens, George, Garnacho, Delap, Guiu Share 20m ago 18.50 GMT Here’s where the teams stand in the mega table, ahead of the final round. Share 26m ago 18.45 GMT Let’s not forget the permutations: After edging past Pafos last week, Chelsea hold the final top-eight place but face a difficult trip to Antonio Conte’s Napoli, despite the Italian champions’ injury problems. A win in Naples should put Liam Rosenior’s side through to the last 16 but it may come down to goal difference. A draw or a defeat and, again, given the number of teams on 13 points, Chelsea would likely be condemned to the playoffs. Champions League permutations: who needs what from final night of fixtures? Read more Share

提醒：北京时间03:00，美联储发布FOMC利率决议声明（没有“季度性”经济预期概要/SEP），美联储主席将在03:30举行例行新闻发布会。

Key Points Oracle stands out for its ability to process high-performance computing workloads. The company is the fifth-largest cloud provider as measured by market share. It has built a $455 billion backlog. 10 stocks we like better than Oracle › One of the more surprising moves in the cloud industry has come from Oracle (NYSE: ORCL). The company built its reputation as the leader in relational databases, but it breathed new life into its business when it discovered that its IT infrastructure positioned it to succeed in the cloud business. With that, it has developed a niche for high-performance computing workloads, a competitive advantage that could help it steal market share in 2026, and here's how. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Oracle and the cloud Oracle stands out in the cloud market because of its focus on high-performance computing in a cost-effective manner, making its offering more attractive to its customers. That may be what helped it attract a $300 billion deal from OpenAI last fall. Consequently, its backlog has risen to $523 billion. Also, since it continues to expand its services to more regions, it will probably be better able to leverage that backlog into a higher market share. Currently, it is the fifth-largest cloud provider as measured by market share. Even though its 3% market share rose from 2% in 2024, it may not sound significant. Nonetheless, Grand View Research estimated the industry's size at $944 billion. It also projects a compound annual growth rate (CAGR) of 16% between 2026 and 2033, taking the industry's size to over $3.3 trillion by that year. Thus, even if that market share stays the same, Oracle should benefit significantly. Oracle by the numbers Such conditions have translated into improved financials. In the first six months of fiscal 2026 (ended Nov. 30, 2025), its cloud segment alone generated over $15 billion in revenue. T...

Over 20 seasons, The Apprentice boardroom has not been short on drama – but one recurrent theme is the show’s penchant for problematic contestants. This season, which airs its first episode on Thursday, is no different. Offensive tweets posted by contestant Levi Hodgetts-Hague from a decade ago have been unearthed since filming, prompting the BBC to urge the show’s production company to carry out stricter background checks on contestants. The posts described Muslims as “dirty”, women as “slags” and “dogs”, police officers as “pigs”, and expressed support for British far-right activist Tommy Robinson while urging British people to take a stand against Islam. A BBC spokesperson said it was “completely unaware” that the contestant had made “such abhorrent comments”. The independent production company has been asked to fully review the social media checks undertaken “given the process has clearly failed in this instance”. “The views presented are totally unacceptable and we are taking this extremely seriously,” the BBC said. Yet this is far from the first time that the Lord Sugar-fronted show – which pitches 20 candidates who pride themselves on their ruthlessness against each other to compete for £250,000 – has provoked controversy for its choice of contestants. In January, a separate former Apprentice contestant from the season which aired in 2024, Dr Asif Munaf, was struck off the medical register after a tribunal found he posted 36 antisemitic, racist and sexist posts on social media. It also emerged after filming that season 13’s Tom Bunday had been jailed for violent assault, while in 2006, rightwing commentator Katie Hopkins caused outrage for her controversial comments. Julian Henry, a celebrity PR, said the production company, Naked, carried “ultimate responsibility for any dodgy talent expressing inappropriate views, past or present”, and not the BBC. Noting that Naked is owned by a large media group, and has a very experienced chief executive, he said, “the B...

Key Points 12,402 shares were sold in the open market for a transaction value of approximately $1.4 million, with a sale price of $114.83 per share on Jan. 21 and Jan. 22, 2026. This sale represented 7.23% of Eric Sprink’s total holdings, reducing direct ownership to 159,126 shares post-transaction. The disposition involved only direct shares; no indirect holdings or derivative securities were involved in this filing. The transaction size is above Sprink’s historical median sale size, reflecting a larger-than-typical share disposition, but aligns with capacity constraints as direct holdings have declined sharply since early 2023. These 10 stocks could mint the next wave of millionaires › Eric M Sprink, CEO of Coastal Financial Corporation (NASDAQ:CCB), directly sold 12,402 shares in multiple open-market transactions on Jan. 21, 2026, and Jan. 22, 2026, representing approximately $1.4 million in value according to the SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 12,402 Transaction value ~$1.4 million Post-transaction shares (direct) 159,126 Post-transaction shares (indirect) 2,085 Post-transaction value (direct ownership) ~$18.4 million Transaction value based on SEC Form 4 weighted average purchase price ($114.83); post-transaction value based on Jan. 22, 2026, market close ($114.83). Key questions How does the scale of this sale compare to Eric Sprink’s historical trading activity? The 12,402 shares sold in this transaction are notably larger than Sprink’s historical median sale size of 8,518 shares for direct sales, indicating a higher-than-typical volume but within the observed range of his past transactions. The 12,402 shares sold in this transaction are notably larger than Sprink’s historical median sale size of 8,518 shares for direct sales, indicating a higher-than-typical volume but within the observed range of his past transactions. What impact does this sale have on Sprink’s direct ownership stake? The sale reduced Sprink’s dire...

KinoMasterskaya/iStock via Getty Images Investment Thesis Ten months ago, I published a review of Franco-Nevada ( FNV ). Despite being bullish on gold since 2021, I assigned a sell rating to the company's shares. Clearly, my conclusion was wrong, or at least unhelpful, as the company's market cap has increased by 63%, significantly outperforming the market. Since then, I've somewhat updated and simplified my approach to valuing companies. Some of FNV's financial metrics have also improved. Based on a quantitative systematic approach, I'm changing my rating to buy. However, I want to caution against buying here and now, as there are several important "buts." Thesis Explanation To determine whether a company's stock is attractive for investment, I compare eight financial metrics with benchmarks I've established to define outstanding businesses subjectively. Author`s calculations The exceptional profitability and solid efficiency, as well as the complete absence of debt, have earned me a quantitative rating of 80 (out of 100), which equates to a buy rating. Compared to my previous review, net margin increased by 10.5%, and ROIC increased by 3.4% (primarily due to the lack of impact from Cobre Panama in the current TTM figures). The average growth rate has crossed into positive territory (3-year EPS CAGR +6.58%). FNV quantitative rating (Author`s view) Thanks to this, the weighted average score for these eight parameters changed from 60 to 80 out of 100, and this is the main reason for the rating change from sell to buy. Regardless of the company's current valuation. This will be discussed separately and a little later. My rating is based solely on a quantitative assessment of the indicators, unlike the previous attempt. Further Gold's Growth is Expected I've been bullish on gold for quite some time. And while it may seem like an excuse, my miss on FNV was partially offset by a return of SPDR Gold Shares ETF ( GLD ), which I continued to hold and accumulate. The basis f...

乌克兰总统泽连斯基当地时间1月28日表示，乌克兰国家安全局正在持续规划新的对俄行动，这些行动将改变俄乌冲突进程。当天，泽连斯基听取了乌国家安全局有关作战行动的汇报，这些行动包括前线作战情况，特别是乌国家安全局“阿尔法”特种部队的行动，以及乌国家安全局为回应俄打击而在俄境内采取的行动等。（央视新闻）

Mohamad Faizal Bin Ramli/iStock via Getty Images Curve steepening across prior quarters setup an attractive entry point for duration in 2026. Market Review U.S. fixed income markets concluded 2025 on a positive note, with broad gains driven by Federal Reserve rate cuts, cooling inflation, and broadly resilient economic data despite challenges like the U.S. government shutdown and labor market softness. The Federal Reserve continued its easing cycle with 50 basis points of rate cuts, including a widely expected 25bp cut at the December FOMC meeting that lowered the Fed Funds rate to 3.50-3.75% alongside a $40B/month Treasury bill purchase program, though the FOMC minutes reflected continued divisions within the committee. November saw significant volatility in rate expectations with December futures probabilities dropping below 30% at one point following hawkish signals from Chair Powell and other Fed officials. Inflation showed continued disinflation with November CPI coming in below consensus at 2.7% year-over-year (core 2.6%), while mortgage rates dropped for three straight weeks to end 2025 at their lowest point for the year. The government shutdown delayed most employment and inflation data in October with impacts continuing into November, creating what analysts called a "data vacuum." Treasury yields fluctuated throughout the period, with short-end yields declining approximately 20-30 basis points as rate-cut expectations increased. The curve continued to steepen with the 30-year yield rising as short-end rates fell. The job market in late 2025 was characterized by labor market softening, with unemployment reaching a four-year high of 4.6% in November amid layoff announcements from major companies including Meta, Target, Amazon, Molson Coors, and Applied Materials. Fourth Quarter 2025 Performance Highlights The broad municipal index finished the year strong posting a total return of 1.56% as declining yields across intermediate and long duration drove gains wit...

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AES Corp. ( AES ) ticked higher by 1.3% amid some renewed takeover speculation for the power producer. Talks between AES ( AES ) and its potential suitors may have advanced, according to traders, who cited a Betaville "uncooked" alert that was circulating on Wednesday. It's not clear which company has advanced talks with AES. There were reports last year that BlackRock's ( BLK ) Global Infrastructure Partners LP and Brookfield Asset Management ( BAM ) were both interested in buying AES ( AES ). More on AES AES Corporation: Why The Stock Is Worth $30, With Or Without A Takeover AES Corporation At 6.5x P/E Is Way Too Cheap AES Corporation: No News Is (Probably) Good News AES upgraded at Jefferies, giving more credit to data center opportunities S&P 500 utilities stocks mostly beat Q3 estimates this week

Sean Gallup/Getty Images News Google ( GOOG ) ( GOOGL ) has participated in a funding round for Redwood Materials, a privately held company that produces metals for energy storage batteries, manufactures key components for them, and deploys solutions critical for keeping data centers and electric grids operational. The U.S. tech giant joined the Series E funding round for Redwood as a new investor, alongside existing investors, Capricorn and Goldman Sachs Alternatives. Redwood closed the capital raise round at $425M. "Driven by strong demand, the increase from the previously announced $350 million reflects confidence in our long-term strategy and execution," Redwood said in a press release on Wednesday. "This capital will accelerate our energy storage platform while continuing to strengthen our integrated recycling and critical minerals business." Google's participation in the energy storage company's funding round is an indicator of growing demand for electricity, fueled by the rapid rise of data centers that are required in the current artificial intelligence age. In late December, Google parent Alphabet bought data center and energy infrastructure solutions company Intersect for $4.75B to bolster its computing power capabilities necessary for cloud services and AI applications. More on Google Alphabet: Valuation Risk May Be Overshadowed By Cloud Growth (Earnings Preview) Alphabet: Valuation Concerns + Weakening Free Cash Flow = Rating Downgrade Alphabet's Big Rally: Ranking The Magnificent 7 Anthropic raises 2026 revenue forecast by 20% to $18B: report UK tells Google to let news sites 'opt out' of AI Overviews, display search results fairly