Price: $71.84, Change: $-1.78, Percent Change: -2.41%
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Market Chatter: Brookfield Among Firms Exploring Deal for Fakih IVF
Brookfield (BN) is among the companies exploring a potential deal that could value fertility clinic operator Fakih IVF at about $1 billion, the Financial Times reported Friday, citing people familiar with the matter.The report said TA Associates and Indian healthcare company Cloudnine are also interested in a potential transaction.Discussions are ongoing and the companies have not made a final decision, according to the report.Fakih IVF is currently owned by Blue Ocean Health.Brookfield and Blue Ocean Health did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $45.34, Change: $-0.10, Percent Change: -0.23%
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Google's AI Ad Tools Could Expand Budget Share, Ease AI Competition Fears, UBS Says
Alphabet (GOOG, GOOGL) unit Google's new AI ad tools should help reduce concerns about competition from AI rivals, support Search and YouTube revenue growth and help the company win more advertising budget from social platforms, UBS Securities said.Google is using its own user data and Gemini to better understand buyer intent and help advertisers improve returns from ad spending. The new AI ad formats in Search and shopping could make ads more useful to users and may help Search revenue grow faster for longer, the investment firm said in a note Thursday.Google is also building tools for agent-based shopping, including native checkout in AI Search, which could make Google harder for AI startups to displace, UBS said.New Google Analytics 360 tools could help advertisers compare results across Google and social platforms which could give Google a better chance to win budget from Meta Platforms (META), TikTok and Pinterest (PINS).The new Gemini tools for advertisers and YouTube creators should lower ad creation costs, improve campaign management and support more spending on Google, according to the note.UBS kept its neutral rating and $410 price target for Alphabet, saying its Search and YouTube revenue estimates already include stronger future monetization.Price: $383.05, Change: $-0.42, Percent Change: -0.11%
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Wire
Deckers Outdoor Fiscal Q4 Results Reinforce Undervalued Growth Thesis, UBS Says
Deckers Outdoor's (DECK) "solid" fiscal Q4 report reinforces the view that the company is a compelling but undervalued growth opportunity, UBS said in a note emailed Friday.The analysts said they expect the company to outperform expectations over the next year as its Hoka and UGG brands continue to grow faster than the market assumes, driving stronger revenue and earnings growth and supporting a higher valuation over time.While the market may focus on an H2-weighted fiscal 2027 outlook and interpret it as slowing momentum, the analysts said they disagree. The analysts added that investors are overlooking key fundamentals, gross margin and inventory.In fiscal Q4, gross margin rose 85 basis points year-over-year despite tariffs and tough comparisons, and overall gross margin has expanded 740 basis points over the past three years. Inventory also fell 2% year over year, even with a +5% fiscal Q1 2027 sales guide and tariff headwinds, the analysts said, adding that these metrics suggest both Hoka and UGG remain "very healthy brands."The analysts also raised their adjusted diluted earnings per share estimate for fiscal 2027 by about 3% from $7.30 to $7.55.UBS raised its price target on Deckers Outdoor to $161 from $145 while keeping its buy rating.Price: $103.15, Change: $+0.53, Percent Change: +0.52%
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