Alphabet shares are set to outperform again because the company has the "3 key traits of [an] AI winner," according to Wells Fargo. Analyst Ken Gawrelski upgraded the Google and YouTube parent to overweight from equal weight. His price target of $387, up from $354, signals upside of more than 22% from Friday's close. Alphabet shares are up 75% over the last 12 months, far outpacing the S & P 500 1...
Alphabet shares are set to outperform again because the company has the "3 key traits of [an] AI winner," according to Wells Fargo. Analyst Ken Gawrelski upgraded the Google and YouTube parent to overweight from equal weight. His price target of $387, up from $354, signals upside of more than 22% from Friday's close. Alphabet shares are up 75% over the last 12 months, far outpacing the S & P 500 14% advance. But the stuck has struggled recently along with the rest of the Magnificent 7. Alphabet shares are down 4% in the past one month and are little changed for the year. GOOGL .SPX 1Y mountain GOOGL vs SPX 1yr Gawrelski gave three characteristics Alphabet has that positions it to dominate in AI: data, distribution and computing capacity. "[We] believe GOOGL has all the pieces necessary to be an AI winner, with an industry-leading capacity position to support internal efforts (Search, Gemini) and monetize externally through GCP, broad distribution network, and vast consumer data," Gawrelski wrote. Gawrelski pointed to Alphabet's efforts to expand artificial intelligence compute capacity to 35 gigawatts by 2028 from 15 gigawatts at the end of last year. It "increasingly appears hyperscaler ambitions are bounded by compute capacity," he said. "As this market construct persists medium term, [we] see Google gaining competitive advantage as it widens capacity leadership vs. peers." Gemini monetization will also drive the stock. Gawrelski projects Gemini average recurring revenue will triple to $12 billion by the end of 2027 from $4 billion at the end of last year. Alphabet ticked slightly higher in the premarket following the upgrade. The upgrade puts Gawrelski in line with the rest of Wall Street. According to LSEG, 52 of 61 analysts covering the tech giant rate it a buy or strong buy. The average price target signals upside of nearly 14%.
In this article Follow your favorite stocks CREATE FREE ACCOUNT Oil retreated from a six-month high on Monday after Oman announced that a third round of talks between Washington and Tehran will continue this week in Geneva. Tensions have remained on high alert throughout the Middle East for weeks after U.S. President Donald Trump indicated a strike on Iran could be imminent . Since then, a sense o...
In this article Follow your favorite stocks CREATE FREE ACCOUNT Oil retreated from a six-month high on Monday after Oman announced that a third round of talks between Washington and Tehran will continue this week in Geneva. Tensions have remained on high alert throughout the Middle East for weeks after U.S. President Donald Trump indicated a strike on Iran could be imminent . Since then, a sense of calm has returned to oil markets, after reports on Friday indicated that any strike would be limited to military installations or government sites, reducing the risk for a protracted conflict between the two countries, and retaliation by Iran towards U.S. bases in the region. "The geopolitical atmosphere, at least for today, has moderated a little bit, and I think that's what we're seeing being reflected in the pullback in prices," Edward Bell, acting chief economist at Emirates NBD, told CNBC's Dan Murphy on Monday. Brent rallied to a six-month high of $71 last week, as Iran-related supply fears drove up risk premium, which Goldman Sachs said has embedded around $6 into the price of oil. Stock Chart Icon Stock chart icon Oil retreats as Iran-U.S. talks announced The third round of indirect talks between the U.S. and Iran are expected to continue in Geneva on Thursday between Iranian Foreign Minister Abbas Araghchi and U.S. special envoy to the Middle East Steve Witkoff. The talks will be mediated by Oman's Foreign Minister Badr Al Busaidi. The Trump Administration has been pushing for concessions regarding Iran's nuclear program since talks restarted earlier this month in Oman. Relations had been at a standstill after Trump withdrew the United States from the JCPOA in 2018. The U.S. maintains that Iran cannot have nuclear weapons and cannot enrich uranium, meanwhile, Tehran has long argued its nuclear program is exclusively for civilian purposes. Iran's Aragchi has made several appearances on U.S. networks in recent days, in an attempt to communicate Iran's position. He ...
LONDON, February 23, 2026--The latest research from Omdia reveals that the European smartphone market declined by 1% in 2025 to 134.2 million units, marking the end of a disruptive year defined by subdued demand and new regulations requiring eco-design and USB-C.
LONDON, February 23, 2026--The latest research from Omdia reveals that the European smartphone market declined by 1% in 2025 to 134.2 million units, marking the end of a disruptive year defined by subdued demand and new regulations requiring eco-design and USB-C.
The US personal care and home fragrance retailer said consumers can now purchase a selected range of its body care and home fragrance products through Amazon.
The US personal care and home fragrance retailer said consumers can now purchase a selected range of its body care and home fragrance products through Amazon.
Sam Kerr is ready for business end of season, Chatham’s goalkeeper made to work and Kim Little continues to shine It has not been the easiest season for Sam Kerr. After missing 20 months with an anterior cruciate ligament injury, she has had her time limited to just a handful of starts across all competition (mainly the cups). She may not have scored the winner that sent Chelsea through to the Wom...
Sam Kerr is ready for business end of season, Chatham’s goalkeeper made to work and Kim Little continues to shine It has not been the easiest season for Sam Kerr. After missing 20 months with an anterior cruciate ligament injury, she has had her time limited to just a handful of starts across all competition (mainly the cups). She may not have scored the winner that sent Chelsea through to the Women’s FA Cup quarter-finals but her goal that gave the Blues the lead against Manchester United felt almost inevitable. Within six minutes of entering the pitch, the Australian produced an instinctive finish that will have gone some way to quieten questions about whether she could rediscover her top form. “It’s been a bit tough with many things, like not getting the minutes she wanted,” Sonia Bompastor said. “It was also a bit difficult emotionally with the decisions that have been made. [Today] will have been great for her confidence and I know she will be ready for the business end of the season.” Sophie Downey Match report: Chelsea 2-1 Manchester United Match report: Birmingham 8-0 Chatham Town Continue reading...