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Alphabet Inc. (Class C)

Alphabet Inc. (Class C)

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425 stories mentioning Alphabet Inc. (Class C)Updated 1d ago

Alphabet's Google announced a $1.5 billion 2026-27 expansion of its Alabama data center campuses, funding its own power and infrastructure costs.

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Japan

US Equity Indexes Fall Amid Surge in Crude Oil Prices, Dissent in Fed Policy Highest in Over 3 Decades

US equity indexes fell ahead of Wednesday's close as crude oil futures and government bond yields rose amid concern that no end is in sight for the Iran war.The Federal Open Market Committee maintained its target rate at a policy meeting, but beneath that outcome, the level of dissent was, reportedly, the highest since 1992. Fed Chair Jerome Powell said in a press conference after the meeting that he could stay as governor "at least" until the central bank's legal challenges are resolved.Index heavyweights Alphabet (GOOG, GOOGL), Amazon.com (AMZN), Meta Platforms (META), and Microsoft (MSFT) will report quarterly earnings after the bell, adding to frayed nerves as investors await the latest read on the hyperscalers' capital expenditure plans.The Dow Jones Industrial Average fell 0.6% to 48,860.1, with the S&P 500 down 0.1% to 7,129.2. The Nasdaq Composite slipped 0.1% to 24,639.5.President Donald Trump has instructed aides to prepare for an extended blockade of Iran, US officials told The Wall Street Journal. In recent meetings, including a Monday discussion in the Situation Room, Trump opted to continue squeezing Iran's economy and oil exports by preventing shipping to and from its ports, the WSJ reported.West Texas Intermediate crude oil futures jumped 8.2% to $108.15, and Brent crude futures surged 7.8% to $119.97 amid concern that Trump's policy will prolong disruption in the Strait of Hormuz, the chokepoint for 20% of global crude oil flows.The FOMC maintained its target rate at 3.50% to 3.75%, as expected, but four officials dissented, its statement showed late Wednesday.Fed Governor Stephen Miran again sought a 25-basis-point rate. Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan supported holding rates steady but "did not support inclusion of an easing bias in the statement at this time," according to the statement.Chair Powell said he will continue to serve as a Fed Governor after his term as chair ends next month. Powell's term as governor is due to end in January 2028, but he could leave before the expiry. "I will stay until it is appropriate for me to leave."

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL$META$MSFT
US Markets

Equities Fall Intraday Ahead of Fed Rate Decision; Oil Prices Jump

US benchmark equity indexes were lower intraday ahead of the Federal Reserve's monetary policy decision.The Dow Jones Industrial Average was down 0.6% at 48,825.5 after midday, while the Nasdaq Composite lost 0.4% to 24,560.8. The S&P 500 fell 0.3% to 7,117. Barring energy, all sectors were in the red, led by industrials.Markets widely expect the US central bank's policy committee to keep its benchmark lending rate unchanged for a third consecutive meeting. Fed Chair Jerome Powell will hold a press conference at 2:30 pm ET.Ahead of the rate decision, the US Senate Banking Committee voted Wednesday to advance Kevin Warsh's nomination as Fed chair to the Republican-controlled Senate.Warsh is President Donald Trump's pick to replace Powell, whose term as Fed chief expires on May 15. Trump has repeatedly criticized Powell for the central bank's cautious view on lowering interest rates.Today's monetary policy meeting could be Powell's last as Fed chief should the full Senate confirm Warsh in the week of May 11. Powell's term on the Fed's Board of Governors runs through January 2028, though its unclear if he would exit the Fed or decide to stay on.Oil prices surged Wednesday after Trump reportedly rejected an Iranian proposal to lift the naval blockade. Brent crude was up 7.1% at $119.20 per barrel, while West Texas Intermediate crude jumped 6.9% to $106.79.Trump told Axios on Wednesday he will maintain the US naval blockade of Iranian ports until Tehran agrees to a nuclear deal. Iran wanted the Strait of Hormuz opened before the two sides could sit down to discuss uranium enrichment at a later stage.In a social media post on Wednesday, Trump said Iran "better get smart soon.""Crude oil has resumed its war-driven rally, with Brent rising almost non-stop since a brief mid-month tumble to ($86 per barrel), when hopes for a peace deal and a short-lived reopening of the Strait of Hormuz triggered a sharp but temporary correction," Saxo Bank Head of Commodity Strategy Ole Hansen said in a report Wednesday.US Treasury yields were higher intraday, with the 10-year rate up 5.3 basis points at 4.41% and the two-year rate rising 6.4 basis points to 3.91%.Magnificent 7 companies Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta Platforms (META) are scheduled to release quarterly results after the markets close.In company news, Visa (V) shares were up 9.1% intraday, the biggest gain on the Dow, after the payments giant lifted its full-year growth outlook and reported better-than-expected fiscal second-quarter results.Wingstop (WING) reduced its 2026 domestic same-store sales outlook as the restaurant chain reported weaker-than expected first quarter revenue. The stock was down 4.1% intraday.Gold fell 1% at $4,563.80 per troy ounce, while silver dropped 1.5% to $72.13 per ounce.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL$META$MSFT$V$WING
Asia Markets

US Equity Indexes Fall Amid Surge in Crude Oil, Treasury Yields as Iran Peace Deal Proves Elusive

US equity indexes traded lower after midday on Wednesday as crude oil futures and government bond yields jumped amid concern that Iran's blockade will be extended to force Tehran into a peace deal.Index heavyweights Alphabet (GOOG, GOOGL), Amazon.com (AMZN), Meta Platforms (META), and Microsoft (MSFT) will report quarterly earnings after the bell, adding to frayed nerves as investors await the latest read on the hyperscalers' capital expenditure plans.The Dow Jones Industrial Average fell 0.6% to 48,853.3, with the S&P 500 down 0.2% to 7,121.9 and the Nasdaq Composite 0.4% lower at 24,572.2. All sectors except energy fell, with materials and industrials leading the decliners intraday.President Donald Trump has instructed aides to prepare for an extended blockade of Iran, US officials told The Wall Street Journal. In recent meetings, including a Monday discussion in the Situation Room, Trump opted to continue squeezing Iran's economy and oil exports by preventing shipping to and from its ports, the WSJ said.Trump assessed with his aides that the other options open to him -- resume bombing or walk away from the conflict -- carried more risk than maintaining the country's blockade, the officials told the WSJ."Iran can't get their act together. They don't know how to sign a non-nuclear deal. They'd better get smart soon!" Trump said in a Wednesday Truth Social post.Meanwhile, West Texas Intermediate crude oil futures jumped 6.7% to $106.70, and Brent crude futures surged 6.8% to $118.87 amid concern that Trump's policy will prolong disruption in the Strait of Hormuz, the chokepoint for 20% of global crude oil flows.In precious metals, gold futures dropped 0.7% to $4,575.00, and silver futures slumped 2% to $72.30, as higher crude oil prices raised inflation concerns. Most US Treasury yields rose, with the 10-year up 4.6 basis points to 4.40%, the highest in about a month. The two-year jumped seven basis points to 3.91%.The Federal Reserve's Federal Open Market Committee will make its latest policy announcement at 2 pm ET, followed by a press conference by Fed Chair Jerome Powell. The panel is certain to leave interest rates unchanged at the current target rate of 3.5% to 3.75%, according to the CME's FedWatch tool.If the Iran war lasts longer, Central banks that haven't adopted more explicit tightening biases, such as the Fed, and/or where inflation has been running above target, also such as the Fed, may be seen behind the curve, according to a Macquarie note. "We would then expect to see a more hawkish tone and action emerge by May."In economic news, US March housing starts jumped almost 11% to a 1.502 million annual rate from a 1.356 million pace in February, above the 1.38 million rate expected in a Bloomberg-compiled survey.Building permits plunged nearly 11% to a 1.372 million rate in March, below the 1.39 million rate expected and following the 1.538 million rate reported in February.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL$META$MSFT
Asia Markets

US Equity Futures Largely Flat Pre-Bell as Traders Await Tech Earnings, Fed Rate Decision

US equity futures were largely flat pre-bell Wednesday as traders anticipated the financial results from four of the "Magnificent Seven" and the Federal Reserve's latest policy announcement.Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were down 0.1% and Nasdaq futures were 0.2% higher.Slated to report quarterly earnings after-market today are Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta Platforms (META), among others.The Federal Open Market Committee is widely expected to maintain the target range for its federal funds rate at 3.50% to 3.75% at its meeting today. Federal Reserve Chairman Jerome Powell is due to leave his post before the next committee meeting in June but has said he will remain until his named replacement, Kevin Warsh, is confirmed.The committee's statement following the meeting is due for release at 2 pm ET, with Fed Chair Powell's press conference scheduled to begin at 2:30 pm ET.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 3.8% at $108.34 per barrel and US West Texas Intermediate crude 4% higher at $103.93 per barrel.Durable goods new orders rose 0.8% in March after a 1.2% decrease in the prior month, compared with expectations for a 0.5% gain in a survey of analysts compiled by Bloomberg.Housing starts rose to an annual rate of 1.502 million in March, exceeding expectations for 1.38 million and above the 1.356 million pace in the prior month.The US advance international trade in goods deficit widened to $87.87 billion in March from $83.49 billion in the previous month, compared with expectations for $88 billion.In other world markets, Japan's Nikkei closed 1% lower, Hong Kong's Hang Seng ended 1.7% higher, and China's Shanghai Composite finished 0.7% higher. Meanwhile, the UK's FTSE 100 was down 1%, and Germany's DAX index was flat in Europe's early afternoon session.In equities, Seagate Technology (STX) shares were up 16% after the company posted fiscal Q3 non-GAAP earnings and revenue that beat analysts' estimates, in addition to issuing a better-than-expected fiscal Q4 outlook. NXP Semiconductors (NXPI) stock was up 21% after the company reported fiscal Q1 non-GAAP earnings and revenue that surpassed analysts' consensus and also setting higher-than-expected fiscal Q2 guidance. Visa (V) shares were up 5.7% after the company posted a fiscal Q2 adjusted earnings and revenue beat.On the losing side, Robinhood Markets (HOOD) shares dropped 12% after the company reported Q1 earnings and revenue that fell short of analysts' consensus. Booking (BKNG) and Deutsche Bank (DB) saw their stock decline 4.8% and 3.1%, respectively, despite posting higher Q1 adjusted earnings and revenue.

Dow JonesNasdaq CompositeS&P 500$AMZN$BKNG$DB$GOOG$GOOGL$HOOD$META$MSFT$NXPI$STX$V
Japan

US Equity Futures Largely Flat as Traders Await Tech Earnings, Fed Rate Decision

US equity futures were largely flat pre-bell Wednesday as traders looked forward to the financial results from four of the "Magnificent Seven" and the Federal Reserve's latest policy announcement, in what could be Jerome Powell's final policy meeting as chair.Dow Jones Industrial Average futures and S&P 500 futures were flat, and Nasdaq futures were 0.3% higher.Slated to report quarterly earnings after-market today are Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta Platforms (META), among others.The Federal Open Market Committee is widely expected to maintain the target range for its federal funds rate at 3.50% to 3.75% at its meeting today. Federal Reserve Chairman Jerome Powell is due to leave his post before the next committee meeting in June but has said he will remain until his named replacement, Kevin Warsh, is confirmed.The committee's statement following the meeting is due for release at 2 pm ET, with Fed Chair Powell's press conference scheduled to begin at 2:30 pm ET.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 3% at $107.54 per barrel and US West Texas Intermediate crude 3.3% higher at $103.26 per barrel.The March durable goods orders report, scheduled for release at 8:30 am ET, is expected to show a 0.5% gain after a decline of 1.3% in the prior month, according to estimates compiled by Bloomberg.Housing starts for March are expected to come in at 1.38 million, and the advance international trade in goods deficit is seen widening to $88 billion from $83.50 billion in the prior month. Both reports are also due 8:30 am ET.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$GOOGL$META$MSFT
US Markets

Equity Futures Rise Ahead of Mega-Cap Tech Earnings, Fed Decision

US equity futures were pointing higher Wednesday as traders awaited the latest quarterly results of four mega-cap technology companies and the Federal Reserve's monetary policy decision.The Nasdaq was up 0.4% before the bell, while the S&P 500 and the Dow Jones Industrial Average rose 0.1% each. The indexes closed the previous trading session in the red.Tech giants Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta Platforms (META) are scheduled to release quarterly results after the markets close, while AbbVie (ABBV) and General Dynamics (GD) will post before the bell, among others.The Fed's monetary policy committee will announce its latest decision on interest rates later in the day. Markets widely expect the central bank to keep its benchmark lending rate unchanged for a third consecutive meeting. Fed Chair Jerome Powell will hold a press conference at 2:30 pm ET."Investors will be listening closely for an updated assessment of economic conditions, particularly inflation, in the wake of the ongoing conflict overseas," Stifel said in a note. "A rising level of concern could signal a willingness to hold rates steady for a prolonged period of time or even open up the possibility of a rate hike, while any mention of a temporary or expected 'transitory' impact will likely bolster expectations for a potential return to rate cuts."The Senate Banking Committee is set to vote Wednesday on Trump's nominee for the next Fed chair, Kevin Warsh, Reuters reported.Treasury yields were trending upwards in premarket action, with the two-year rate advancing 1.7 basis points to 3.86% and the 10-year rate adding one basis point to 4.36%.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am ET. Data on durable goods orders for March and housing starts and permits reports for February and March are out at 8:30 am. The weekly EIA domestic petroleum inventories report posts at 10:30 am.West Texas Intermediate crude oil rose 3.4% to $103.32 a barrel before the opening bell, while Brent gained 2.9% to $114.35.US President Donald Trump has told aides to prepare for an extended blockade of Iran to pressure Tehran over its nuclear program, The Wall Street Journal reported, citing US officials. Trump believes resuming strikes on Iran or ending the conflict would carry higher risks than maintaining the US blockade of Iranian ports, which began recently, the report said.Mediators in Pakistan expect to get a revised proposal from Iran to end the war in the next few days, CNN reported, citing sources.The United Arab Emirates on Tuesday said it has decided to leave the Organization of the Petroleum Exporting Countries. The move would make the cartel "structurally weaker" as the UAE is one of the few OPEC members that have spare capacity, Rystad Energy said in a note.Shares of NXP Semiconductors (NXPI) and Seagate (STX) rose 18% each before the bell following their latest quarterly results. Starbucks (SBUX) was up 4.1% as the coffee giant raised its full-year outlook late Tuesday.Robinhood Markets (HOOD) plunged 11% after its quarterly results fell short of Wall Street's estimates overnight.Gold slipped 0.6% to $4,580 per troy ounce, while bitcoin gained 1.7% to $77,547.

Dow JonesNasdaq CompositeS&P 500$ABBV$AMZN$GD$GOOG$GOOGL$HOOD$META$MSFT$NXPI$SBUX$STX
International

Tech Optimism Lifts Wall Street Pre-Bell; Asia Mixed, Europe Off

Wall Street futures pointed modestly higher pre-bell Wednesday after a strong Seagate Technology (STX) earnings report, released overnight, signaled AI demand boom for data storage tech continues.In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.3% and the Dow Jones was marginally up.Seagate Technology shares traded up 17.6% pre-bell after the data storage device maker reported better-than-expected fiscal Q3 non-GAAP EPS and revenue, and issued upbeat guidance late Tuesday.Peer data storage enterprises also gained pre-bell, including Western Digital (WDC), up 10.7%, and SanDisk (SNDK), up 7.3%.Tech titans Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon.com (AMZN) and Meta Platforms (META) are slated to report earnings after-bell.Traders also await the 2 pm ET rate announcement from the Federal Reserve, although the CME Group Fedwatch tool predicts a 100% chance the central bank will hold steady. Chair Jerome Powell's 2:30 pm press conference will be parsed for clues to Fed mood.Asian exchanges were mixed overnight, with Seoul's KOSPI Index striking a fresh all-time zenith. European bourses edged lower midday on the continent.On the economic calendar at 8:30 am ET is the durable goods orders bulletin for March, the housing starts and building permits bulletins for March, the international trade in goods release for March, and the retail and wholesale inventories reports for March.The weekly EIA petroleum status report posts at 10:30 am.The Atlanta Federal Reserve Survey of Business Uncertainty for April logs at 11 am.In premarket action, Bitcoin traded at $77,846, West Texas Intermediate crude oil traded up 3.5% at $103.40, and 10-year US Treasuries offered 4.36%. Spot gold commanded $4,567 an ounce.

Dow JonesNasdaq CompositeS&P 500$AMZN$GOOG$META$MSFT$STX
Wire

Gitlab Deepens Anthropic Integration to Add Claude Models

Gitlab (GTLB) said Tuesday it has deepened its integration with Amazon (AMZN)-backed Anthropic's Claude models, enabling customers to access the latest capabilities within its existing governance, compliance and audit framework.The integration includes the newly released Claude 4.7 Opus via Alphabet's (GOOG, GOOGL) Google Cloud and Amazon Web Services' Bedrock. This setup allows organizations to route artificial intelligence workloads through their existing hyperscaler contracts and meet specific data residency requirements, Gitlab said.GitLab also said it has joined the Claude Marketplace, enabling customers to purchase GitLab credits using their existing Anthropic spending commitments.Price: $22.62, Change: $+1.17, Percent Change: +5.45%

$AMZN$GOOG$GOOGL$GTLB
US Markets

Nasdaq, S&P 500 Reach New Peaks; Oil Rises

The Nasdaq Composite and the S&P 500 notched fresh record closing highs on Monday even as oil prices moved higher amid stalled peace talks between the US and Iran.The Nasdaq edged up 0.2% to 24,887.1, while the S&P 500 gained 0.1% to 7,173.9, recording their highest finish ever for a second consecutive session. The Dow Jones Industrial Average fell 0.1% to 49,167.8. Most sectors were in the red, led by consumer staples, while communication services paced the gainers.Brent crude was last up 2.5% at $107.95 per barrel, while West Texas Intermediate crude rose 1.8% to $96.08.Iran's Foreign Minister Seyed Abbas Araghchi visited Pakistan twice over the weekend, while President Donald Trump called off US officials' previously announced trip to Islamabad.Iran has submitted a new proposal to reopen the Strait of Hormuz that includes delaying nuclear negotiations, Axios reported, citing a US official and two other sources."The lack of progress (in peace talks) means the market is tightening every day, requiring oil prices to reprice at higher levels," ING Bank said in a note on Monday.Trump was scheduled to meet with top national security officials on Monday to discuss the new Iranian proposal, CNN reported."US stocks enter April's final week with cautiously optimistic momentum, driven by (artificial intelligence) earnings beats and resilient macro prints," Ivan Feinseth, chief market strategist of Tigress Financial Intelligence, said in a report e-mailed to. "However, heightened volatility looms ahead of the conclusion of the (Federal Open Market Committee) meeting on Wednesday, with expectations that the Fed will keep rates unchanged at (3.50% to 3.75%)."With the FOMC decision unlikely to surprise, the market is expected to focus on the policy statement and post-meeting remarks of Chair Jerome Powell, said David Doyle, head of economics at Macquarie Group."Given that elevated oil prices have persisted for nearly two months now, future guidance may shift somewhat," he said in a report e-mailed to. "This would be in contrast to March where there were limited changes made. Our view remains that the next policy move is likely to be a hike with the most likely timing in (the first half of 2027)."US Treasury yields were higher, with the 10-year rate up 3.1 basis points at 4.34% and the two-year rate rising 1.5 basis points to 3.81%.S&P 500 companies' quarterly earnings growth decelerated compared with figures from a week ago, but remained well ahead of expectations, Oppenheimer Asset Management's data showed Monday."The quarter appears to be off to a strong start," Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus said, noting that earnings growth reported by 79% of the firms that have released their quarterly results exceeded analyst estimates.Technology giants Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META) are slated to release their latest financial results later this week.In company-specific news, Verizon Communications (VZ) lifted its full-year earnings outlook on Monday and reported a first-quarter bottom line above market estimates, while the telecommunications giant unexpectedly added postpaid phone subscribers in the three-month period. The company's shares rose 1.6%, the second-biggest gain on the Dow.Shares of Domino's Pizza (DPZ) tumbled 8.8%, the steepest decline on the S&P 500. The company reported weaker-than-expected first-quarter results on Monday, with the company's chief executive saying consumer uncertainty and inflation weighed on demand late in the quarter.Organon (OGN) shares surged nearly 17% after the healthcare company agreed to be acquired by Indian pharmaceutical firm Sun Pharmaceutical Industries in an all-cash deal with an enterprise value of about $11.75 billion.Gold was last down 1% at $4,694.80 per troy ounce, while silver shed 1.2% to $75.47 per ounce.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$DPZ$GOOG$GOOGL$META$MSFT$OGN$VZ
Wire

S&P 500 Companies' Quarterly Profit Growth Eases, But Remains Well Above Expectations, Oppenheimer Says

S&P 500 companies' quarterly earnings growth decelerated compared with figures from a week ago, but remained well ahead of expectations, Oppenheimer Asset Management's data showed Monday.Some 28% of companies in the benchmark equity index have reported results in the latest cycle, with earnings up about 25% from a year earlier and revenue growing 10%. Last week's report by the brokerage showed profit growth of 32% and sales increase of 13%, based on financials reported by 9% of the index constituents.Ahead of the reporting season, FactSet put expected earnings growth at 12.6% from a year earlier, according to Oppenheimer."The quarter appears to be off to a strong start," Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus said, noting that earnings growth reported by 79% of the firms that have released their quarterly results exceeded analyst estimates.Among sectors, materials and technology outperformed in terms of earnings, with profit roughly doubling year over year. Tech led the chart for revenue growth, with a nearly 30% increase, followed by real estate's 14% jump.This week, a busier earnings calendar has 179 S&P companies releasing their quarterly financials, according to Oppenheimer. Among the big-cap companies reporting this week are five of the so-called Magnificent 7 stocks; Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META).Visa (V), Coca-Cola (KO), T-Mobile US (TMUS), and Eli Lilly (LLY) also report this week.On Friday, the S&P 500 and the Nasdaq Composite hit all-time peaks as tech stocks rallied, ahead of a second round of US-Iran peace talks. The two sides, however, didn't have direct negotiations in Pakistan over the weekend."Resolution to the conflict in our view persists as a potential negative overhang to market performance on a day-to-day basis tied to news flows from the front, developments in negotiations taking place and supply chain disruptions that carry inflation risks," Stoltzfus said. "That said, stocks are showing thus far an appreciation for fundamentals that matter to revenue and profit growth."Price: $349.73, Change: $+7.41, Percent Change: +2.16%

$AAPL$AMZN$GOOG$GOOL$KO$LLY$META$MSFT$TMUS$V
Wire

Update: EU Proposes Measures to Open Google's Android to Rival AI Services

(Updates with Google's comment in 5th, 6th and 7th paragraph.)The European Commission on Monday proposed measures that would require Alphabet's (GOOG, GOOGL) Google to open its Android ecosystem to rival AI services and launched a public consultation under the Digital Markets Act.The commission said its preliminary findings outline steps Google should take to ensure third-party AI services can access key Android capabilities and interact with applications on users' devices.The measures would allow competing AI tools to perform tasks such as sending emails, ordering services or sharing photos, which are functions currently largely reserved for Google's own AI offerings, the commission said in a statement."Today's proposed measures will give more choice to Android users about the AI services they use and integrate in their phone," Teresa Ribera, an EU executive vice president, said in the statement.Clare Kelly, Senior Competition Counsel at Google, said Android's ecosystem allows AI assistants to grow, as device makers can freely integrate and tailor AI experiences for their users."This unwarranted intervention would strip away that autonomy, mandate access to sensitive hardware and device permissions; unnecessarily driving up costs while undermining critical privacy and security protections for European users." Kelly added in an emailed statement to.Kelly also said the EC's proposals and the current memory crisis will drive up device prices by 50 euros to 100 euros this year.The commission invited interested parties to submit feedback by May 13.Price: $349.84, Change: $+7.52, Percent Change: +2.20%

$GOOG$GOOGL
US Markets

Equities Mixed Intraday, Oil Rises Amid Stalled US-Iran Talks

US benchmark equity indexes were mixed intraday, while oil prices rose as investors wavered after peace talks between Washington and Tehran apparently stalled.The Dow Jones Industrial Average was down 0.1% at 49,161.3 after midday Monday, while the Nasdaq Composite edged up 0.1% to 24,856.1. The S&P 500 gained 0.1% to 7,169.8. Among sectors, consumer staples saw the biggest drop, while communication services paced the gainers.Brent crude was up 3.2% at $108.73 per barrel, while West Texas Intermediate crude rose 2.4% to $96.63.Iran's Foreign Minister Seyed Abbas Araghchi visited Pakistan twice over the weekend, while President Donald Trump called off US officials' previously announced trip to Islamabad.Iran has submitted a new proposal to reopen the Strait of Hormuz that includes delaying nuclear negotiations, Axios reported, citing a US official and two other sources."Brent crude trades at a three-week high as efforts to revive peace talks have stalled, with an Iranian proposal reportedly calling for nuclear negotiations to be postponed to a later stage," Saxo Bank said in a report.The strait, the world's most important chokepoint for crude flows, remains at a near-complete halt, with Iran and the US imposing their respective blockades of maritime traffic, Bloomberg News reported Sunday.Trump was scheduled to meet with top national security officials on Monday to discuss the new Iranian proposal, CNN reported."Oil is trading stronger this morning after attempts to get US-Iran peace talks back on track broke down, erasing hopes for a resumption of energy flows through the Strait of Hormuz anytime soon," ING Bank said in a note on Monday. "The lack of progress means the market is tightening every day, requiring oil prices to reprice at higher levels."US Treasury yields were higher intraday, with the 10-year rate up 3.8 basis points at 4.35% and the two-year rate rising 2.7 basis points to 3.82%.In company news, Verizon Communications (VZ) lifted its full-year earnings outlook on Monday and reported a first-quarter bottom line above market estimates, while the telecommunications giant unexpectedly added postpaid phone subscribers in the three-month period. The company's shares were up 2.6% intraday, the biggest gain on the Dow.Shares of Domino's Pizza (DPZ) were down 9.5%, the steepest decline on the S&P 500. The company reported weaker-than-expected first-quarter results on Monday, with the company's chief executive saying consumer uncertainty and inflation weighed on demand late in the quarter.Organon (OGN) shares surged 17% after the healthcare company agreed to be acquired by Indian pharmaceutical firm Sun Pharmaceutical Industries in an all-cash deal with an enterprise value of about $11.75 billion.Technology giants Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META) are slated to release their latest financial results later this week.Gold was down 1.1% at $4,688.80 per troy ounce, while silver shed 1.6% to $75.20 per ounce.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$DPZ$GOOG$GOOGL$META$MSFT$OGN$VZ
Wire

EU Proposes Measures to Open Google's Android to Rival AI Services

The European Commission on Monday proposed measures that would require Alphabet's (GOOG, GOOGL) Google to open its Android ecosystem to rival AI services and launched a public consultation under the Digital Markets Act.The commission said its preliminary findings outline steps Google should take to ensure third-party AI services can access key Android capabilities and interact with applications on users' devices.The measures would allow competing AI tools to perform tasks such as sending emails, ordering services or sharing photos, which are functions currently largely reserved for Google's own AI offerings, the commission said in a statement."Today's proposed measures will give more choice to Android users about the AI services they use and integrate in their phone," Teresa Ribera, an EU executive vice president, said in the statement.The commission invited interested parties to submit feedback by May 13.Google did not immediately respond to a request for comment from.Price: $350.77, Change: $+8.44, Percent Change: +2.47%

$GOOG$GOOGL
Wire

Market Chatter: Alphabet's Google Employees Urge CEO to Prevent Use of AI Technology for Military Purposes

Alphabet (GOOG, GOOGL) unit Google's 560 employees have signed an open letter to CEO Sundar Pichai, urging him to block the use of its AI technology by the US government for military operations, the Financial Times reported Monday, citing the letter.These employees want AI to benefit humanity and not to be used in autonomous weapons and mass surveillance, according to the media outlet.The letter was co-ordinated by staff at Google's AI lab DeepMind, people familiar with the matter told the Financial Times.Google did not immediately respond to a request for comment from.(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: $350.02, Change: $+7.70, Percent Change: +2.25%

$GOOG$GOOGL
Wire

TeraWulf's Expanded Power Volumes to Drive Growth Upside, Morgan Stanley Says

TeraWulf (WULF) and Cipher (CIFR) have significant base case upside as bitcoin-to-data-center conversion valuations are looking "increasingly attractive," Morgan Stanley said in a Monday note on Bitcoin mining companies.TeraWulf is set to drive growth upside as its expanded power volumes in its Maryland and Kentucky sites enable it to further develop data center capacity for artificial intelligence firms, Morgan Stanley analysts said. They noted that the company continues to close deals for building and leasing powered facilities for big AI players, including Alphabet's (GOOG, GOOGL) Google.The company's Q1 financial results show the significant progress in its conversion plans, with over half of its revenue coming from high-performance computing hosting, with more compute capacity expected to come online in Q2 and throughout the rest of the year, according to the note.The upward revision in TeraWulf's valuation comes from about $4 billion in extra value generated by the acquisition of additional megawatts of power capacity, partially offset by around a $600 million reduction in cash committed to building out new sites, the note said.Morgan Stanley kept the company's stock rating at overweight and raised the price target to $41.50 from $37.Price: $20.23, Change: $+0.23, Percent Change: +1.15%

$CIFR$GOOG$GOOGL$WULF
Wire

Pentagon Adding Google's Gemini for Government to Suite of Models, Under Secretary Says

The Department of Defense is adding Gemini for Government 3.1 Pro and 3.0 Flash from Alphabet's (GOOG, GOOGL) Google to the suite of available models on GenAI.mil, according to a post on X Monday by Office of the Under Secretary of War for Research and Engineering.Google didn't immediately reply to a request for comment from.Price: $348.76, Change: $+6.44, Percent Change: +1.88%

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Wire

Market Chatter: Hut 8 Selling Bonds to Fund Google-Linked Data Center in Louisiana

Hut 8 (HUT) is selling secured bonds due 2042 to fund the construction of data center linked to Alphabet's (GOOG, GOOGL) Google, Bloomberg reported Monday, citing a source with direct knowledge of the matter.Initial pricing for the bonds is being discussed at a yield of about 2.13 percentage point above the benchmark, the source said.Hut 8's 600,000-square-foot project is planning to sell at least $3 billion of investment-grade bonds to fund a 245-megawatt facility in St. Francisville, Louisiana, Bloomberg earlier reported.Hut 8 and Google did not immediately reply to a request for comment from.(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: $76.15, Change: $-0.69, Percent Change: -0.90%

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Asia Markets

US Equity Futures Fall Pre-Bell as Middle East Peace Talks Remain Stalled, Iran Reportedly Floats New Peace Offer

US equity futures were marginally lower pre-bell Monday amid reports of Iran's new proposal to reopen the Strait of Hormuz against the backdrop of stalled US-Iran negotiations.Dow Jones Industrial Average futures were 0.2% lower, S&P 500 futures were down 0.1%, and Nasdaq futures were 0.1% higher.Iran has sent the US a new proposal to reopen the Strait of Hormuz and end the conflict, with nuclear talks deferred to a later date, according to an Axios report citing a US official and two other sources.President Donald Trump cancelled the trip of US special envoy Steve Witkoff and Jared Kushner to Pakistan for negotiations with Iran, saying, "If they want to talk, all they have to do is call!" according to a post on Truth Social on Sunday.Earnings kicked off for the week, with Verizon Communications (VZ) posting higher Q1 adjusted earnings and revenue.Among the companies expected to report quarterly earnings this week are Visa (V), Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), Apple (AAPL), and Berkshire Hathaway (BRK.A, BRK.B).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.8% at $100.86 per barrel and US West Texas Intermediate crude 1.7% higher at $96.05 per barrel.The Dallas Federal Reserve's manufacturing reading will be released at 10:30 am ET.The policy-setting Federal Open Market Committee is scheduled to release a statement 2 pm ET on Wednesday.In other world markets, Japan's Nikkei closed 1.4% higher, Hong Kong's Hang Seng ended 0.2% lower, and China's Shanghai Composite finished 0.2% higher. Meanwhile, the UK's FTSE 100 was down 0.2%, and Germany's DAX index was 0.8% higher in Europe's early afternoon session.In equities, Qualcomm (QCOM) shares were up 9.4% after industry checks suggested that Microsoft-backed OpenAI is working with the semiconductor company and MediaTek to develop smartphone processors, according to a TF International Securities analyst. Verizon Communications stock was up 3% after the company reported its Q1 financial results.On the losing side, Domino's Pizza (DPZ) shares were down 7.4% after the company posted fiscal Q1 earnings and revenue that fell short of analysts' estimates.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$BRK.A$BRK.B$DPZ$GOOG$GOOGL$META$MSFT$QCOM$V$VZ
Japan

US Equity Futures Mixed Pre-Bell as Middle East Peace Talks Remain Stalled, Iran Reportedly Floats New Peace Offer

US equity futures were mixed pre-bell Monday amid reports of Iran's new proposal to reopen the Strait of Hormuz against the backdrop of stalled US-Iran negotiations.Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were flat, and Nasdaq futures were 0.2% higher.Iran has sent the US a new proposal to reopen the Strait of Hormuz and end the conflict, with nuclear talks deferred to a later date, according to an Axios report citing a US official and two other sources.President Donald Trump cancelled the trip of US special envoy Steve Witkoff and Jared Kushner to Pakistan for negotiations with Iran, saying, "If they want to talk, all they have to do is call!" according to a post on Truth Social on Sunday.Earnings kicked off for the week, with Verizon Communications (VZ) posting higher Q1 adjusted earnings and revenue.Among the companies expected to report quarterly earnings this week are Visa (V), Alphabet (GOOG, GOOGL), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), Apple (AAPL), and Berkshire Hathaway (BRK.A, BRK.B).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.1% at $100.19 per barrel and US West Texas Intermediate crude 0.7% higher at $95.08 per barrel.The Dallas Federal Reserve's manufacturing reading will be released at 10:30 am ET.The policy-setting Federal Open Market Committee is scheduled to release a statement 2 pm ET on Wednesday.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$BRK.A$BRK.B$GOOG$GOOGL$META$MSFT$V$VZ
US Markets

Stocks Mostly Down Pre-Bell as Iran Reportedly Offers New Proposal to Open Strait of Hormuz

The benchmark US stock measures were mostly tracking in the red before the opening bell Monday as traders assess media speculation about Iran's new proposal to open the Strait of Hormuz.The S&P 500 and the Dow Jones Industrial Average declined 0.1% each in premarket activity, while the Nasdaq was up 0.1%. The Nasdaq and S&P 500 finished Friday's trading session with new closing highs, while the Dow was down.Iran has sent a new proposal to the US to reopen the crucial Strait of Hormuz, the world's most important chokepoint for crude flows, Axios reported, citing a US official and two sources with knowledge of the matter. The proposal reportedly includes postponing nuclear negotiations to a later stage.Shipment traffic through the Strait of Hormuz remains at a near-complete halt with Iran and the US imposing their respective blockades of maritime traffic, Bloomberg News reported Sunday.West Texas Intermediate crude oil rose 2.1% to $96.38 a barrel before the open, while Brent gained 2.3% to $107.77.President Donald Trump cancelled plans to send his representatives to Pakistan for negotiations with Iran, saying too much time has been "wasted on traveling.""We have all the cards, they have none!" Trump said in a social media post on Saturday. "If they want to talk, all they have to do is call!!!"Iranian Foreign Minister Seyed Abbas Araghchi travelled to Islamabad over the weekend to convey Tehran's "observations" to Pakistan's high-level officials, foreign ministry spokesman Esmaeil Baqaei said in a post on X. There was no meeting planned with the US, according to Baqaei.Trump last week extended a ceasefire with Iran, but maintained the naval blockade of Iranian ports.The personal income and outlays report for March is scheduled to be released on Thursday. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.US consumer sentiment improved from an initial April estimate, but remained at a record low as near-term inflation expectations logged the biggest monthly increase in a year, final University of Michigan survey results showed Friday.Monday's thin economic calendar has the Dallas Fed manufacturing survey for April at 10:30 am ET.Technology giants Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META) are slated to release their latest financial results later this week.Verizon Communications (VZ) and Domino's Pizza (DPZ) report their earnings before the bell, while Cadence Design Systems (CDNS) announces its financial statement after the markets close.Organon (OGN) shares climbed 16% pre-bell after the healthcare firm agreed to be acquired by India's Sun Pharmaceutical Industries in an all-cash deal worth about $11.75 billion. Qualcomm (QCOM) added 13% after finishing the previous trading session up 11%, while Nvidia (NVDA) increased 1%.Treasury yields were trending upwards in premarket action, with the two-year rate inclining 1.3 basis points to 3.79% and the 10-year rate moving 0.6 basis points higher to 4.32%.Gold slipped 0.5% to $4,718 per troy ounce, while bitcoin decreased 0.6% to $77,804.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$CDNS$DPZ$GOOG$GOOGL$META$MSFT$NVDA$OGN$QCOM$VZ

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