Alphabet Inc. has overtaken Apple Inc. to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence. Shares of Alphabet rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. That allowed it to surpass Apple, which closed with a market cap of $3.85 trillion on We...
Alphabet Inc. has overtaken Apple Inc. to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence. Shares of Alphabet rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. That allowed it to surpass Apple, which closed with a market cap of $3.85 trillion on Wednesday, following a six-day slump that erased nearly 5% — and almost $200 billion — off its value. The divergence widened further Thursday, with Apple opening 1.2% lower and Alphabet gaining 1.1%. This is the first time Alphabet has been larger than Apple since 2019. Nvidia Corp. remains the largest stock, valued at about $4.6 trillion. Alphabet shares have been on a tear of late, and gained more than 65% over 2025, making them the best performer among the Magnificent Seven. Much of the strength reflects the growing view that Alphabet is well suited across a number of key aspects of AI. Rave reviews for the company’s latest Gemini AI model helped ease concerns about competition from companies like OpenAI, while its tensor processing unit chips are seen as a potentially significant driver of future revenue growth.
Ahead of his reunion with Ben Affleck in thriller The Rip – as well as starring role in Christopher Nolan’s upcoming Imax epic The Odyssey – we run through the best work of one of Hollywood’s most reliable heroes Matt Damon is essentially a bland dish that requires the right spice truly to zing, which means he is often at his best when playing beastly. His flagrantly nasty turn as one of the antis...
Ahead of his reunion with Ben Affleck in thriller The Rip – as well as starring role in Christopher Nolan’s upcoming Imax epic The Odyssey – we run through the best work of one of Hollywood’s most reliable heroes Matt Damon is essentially a bland dish that requires the right spice truly to zing, which means he is often at his best when playing beastly. His flagrantly nasty turn as one of the antisemitic bullies who makes prep school life hell for a secretly Jewish classmate (Brendan Fraser) offers an early indication that Damon realised this, too. Continue reading...
Investing.com -- Wolfe Research downgraded UPS to Peer Perform, warning that the company faces a challenging first half of 2026 as it continues to reduce Amazon-related business and confronts margin pressure.
Investing.com -- Wolfe Research downgraded UPS to Peer Perform, warning that the company faces a challenging first half of 2026 as it continues to reduce Amazon-related business and confronts margin pressure.
Shares of Chinese artificial-intelligence startup Zhipu AI rose Thursday following the company’s $558 million initial public offering on the Hong Kong Stock Exchange. Zhipu, which develops large language models, priced its IPO at HK$116.20 a share, giving it a valuation of about HK$51 billion, or $6.6 billion. Also known as Z.ai, the company describes itself as China’s largest independent large la...
Shares of Chinese artificial-intelligence startup Zhipu AI rose Thursday following the company’s $558 million initial public offering on the Hong Kong Stock Exchange. Zhipu, which develops large language models, priced its IPO at HK$116.20 a share, giving it a valuation of about HK$51 billion, or $6.6 billion. Also known as Z.ai, the company describes itself as China’s largest independent large language model developer.
Wheat exports from Ukraine — one of the world’s major grain exporters — tumbled almost 25% in December as Russia stepped up attacks on the country’s port infrastructure that serves as its main export conduit. Corn exports also dropped about 13%, according to data from analysts at agri-market intelligence platform CM Navigator. Total grain exports from Ukraine in December fell by 16% year-on-year, ...
Wheat exports from Ukraine — one of the world’s major grain exporters — tumbled almost 25% in December as Russia stepped up attacks on the country’s port infrastructure that serves as its main export conduit. Corn exports also dropped about 13%, according to data from analysts at agri-market intelligence platform CM Navigator. Total grain exports from Ukraine in December fell by 16% year-on-year, according to Ukrainian consultancy UkrAgroConsult . Although Ukrainian exports had lagged throughout the season, strikes on ports, processing facilities and logistics infrastructure significantly worsened the situation, said Donatas Jankauskas, CM Navigator’s market research analyst. Russia and Ukraine have been targeting each other’s energy and infrastructure facilities, with attacks intensifying sharply in December. Ports in Odesa, including Pivdennyi , were hit. A shipping terminal belonging to oilseed company Allseeds was attacked, and about 30 containers loaded with flour and vegetable oil were damaged and caught fire. “Continued Russian attacks on port and logistics infrastructure, particularly near Odesa, diminished effective loading capacity and led to delays and rescheduling,” Jankauskas said. Exports were also weighed down by lower volumes available for export due to delayed corn harvests and increased competition from other low-priced suppliers, he added. Ukraine also retaliated with strikes aimed at Russian infrastructure, including the Taman port on the Black Sea that handles oil, liquefied petroleum gas, grains, fertilizers and other cargo. Attacks on Ukraine’s infrastructure have continued in January. Russia’s targeting of the country’s energy infrastructure causes severe rolling blackouts across the country, disrupting operations at various ports. Still, the situation has improved recently after grain terminals in Odesa installed additional diesel generators, said Andrey Sizov , managing director of consultancy SovEcon.
Bloom Energy roared above a buy point in Thursday's stock market action on a key data center project approval. The post Data Center Demand Points This Stock Toward A Buy Point After Major Project Approval appeared first on Investor's Business Daily .
Bloom Energy roared above a buy point in Thursday's stock market action on a key data center project approval. The post Data Center Demand Points This Stock Toward A Buy Point After Major Project Approval appeared first on Investor's Business Daily .
The Maersk Neston container ship at PortMiami in Miami, Florida, US, on Wednesday, Jan. 7, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. trade deficit six months into President Donald Trump's tariffs tumbled to its lowest level since mid-2009, the Commerce Department reported Thursday. With exports rising and imports falling, the trade shortfall was just $29.4 billion for October, ...
The Maersk Neston container ship at PortMiami in Miami, Florida, US, on Wednesday, Jan. 7, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. trade deficit six months into President Donald Trump's tariffs tumbled to its lowest level since mid-2009, the Commerce Department reported Thursday. With exports rising and imports falling, the trade shortfall was just $29.4 billion for October, down 39% from the prior month. Exports increased 2.6% while imports slipped 3.2%. The total was the lowest since the second quarter of 2009 as the U.S. was just coming out of the financial crisis and the Great Recession. The numbers reflect the trade activity since President Donald Trump levied his "liberation day" tariffs in April 2025. Economists and policymakers worried that the levies would work against the U.S. by inviting retaliation and slowing the movement of goods and services around the world. However, Trump has backed off many of the most severe tariff threats he made, and the data shows a strong market for U.S. products. To be sure, the year-to-date deficit still was 7.7% higher than the same period in 2024. Still, the decelerating imbalance "will provide a much needed boost for fourth quarter economic growth that has been hit hard by the Federal government shutdown," wrote Chris Rupkey, chief economist at Fwdbonds. "The U.S. appears to be winning the trade war with tariffs curbing the imports of foreign goods, but America's trading partners are not holding any grudge as they continue to buy more American goods and services," he added. "So far the forecasts for a U.S. recession are coming up dry as productivity continues to backstop growth." Indeed, third-quarter productivity rose at a 4.9% clip, according to a separate report Thursday from the Bureau of Labor Statistics. The rise in productivity helped push unit labor costs down 1.9% for the period, far more than expected and an indication that the labor market is not putting any upward pressure on inflation. "...