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Alphabet Inc. (Class C)

Alphabet Inc. (Class C)

$GOOG
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315 stories mentioning Alphabet Inc. (Class C)Updated 22h 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.

Stocks Fall Pre-Bell Ahead of Alphabet, Tesla Earnings
US Markets

Stocks Fall Pre-Bell Ahead of Alphabet, Tesla Earnings

The main US stock measures were pointing lower in Wednesday's premarket activity as investors await the latest financial results of technology giants Alphabet (GOOG, GOOGL) and Tesla (TSLA) and monitor the ongoing Middle East conflict.The S&P 500 declined 0.3%, the Dow Jones Industrial Average edged down 0.1% and the Nasdaq was off 0.7% before the opening bell. The indexes ended Tuesday trading higher following a three-day slump.Google parent Alphabet and electric vehicle manufacturer Tesla are scheduled to report their quarterly earnings after the markets close, along with Texas Instruments (TXN), IBM (IBM), ServiceNow (NOW) and CSX (CSX).Philip Morris International (PM), GE Vernova (GE), AT&T (T), Northern Trust (NTRS) and RPM International (RPM) are expected to post their results before the bell, among others.West Texas Intermediate crude oil gained 4.2% to $87.91 a barrel in premarket action, while Brent increased 4.1% to $94.76.The US Central Command said Tuesday its forces completed another round of strikes against Iran as part of attempts to degrade its ability to threaten commercial ships in the Strait of Hormuz.At the ASEAN foreign ministers' meeting in the Philippines on Wednesday, US Secretary of State Marco Rubio accused Iran of not being serious about peace talks with the US, CNBC reported.Rubio reportedly said a key sticking point in talks with Iran was Tehran's demand for the right to control traffic through the Strait of Hormuz, arguing that allowing any country to control an international waterway would set a dangerous precedent.Treasury yields were mixed before the open, with the two-year rate down 0.1 basis points to 4.26% while the 10-year rate inclined 0.2 basis points to 4.63%.In a social media post on Tuesday, President Donald Trump said the import of all generic drugs into the US will be subject to zero tariffs for a two-year period, effective Aug. 1. Tariffs on the drugs would then rise to 100% for one year before increasing to 200% thereafter, according to Trump."This is done in order to reshore generic pharmaceutical production into America, with a penalty to those companies that decide not to build plant and equipment within the stated period of time given to them," Trump said.Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Shares of Super Micro Computer (SMCI) jumped 17% before the bell after the company said it received more than $60 billion in new orders during its fiscal fourth quarter and raised its gross margin outlook. Dell Technologies gained 4.6% after closing the previous session up 6%.Alaska Air (ALK) decreased 1.3% as the airline issued a downbeat third-quarter earnings outlook and swung to a second-quarter loss. Rocket Lab (RKLB) advanced 4.5%.Gold traded up 1.2% at $4,124 per troy ounce, while bitcoin was down 0.7% at $65,922.

Dow JonesNasdaq CompositeS&P 500$ALK$CSX$DELL$GE$GOOG$GOOGL$IBM$NOW$NTRS$PM$RKLB$RPM$SMCI$T$TSLA$TXN
Asia Markets

Update: US Equity Indexes Fall, Crude Oil Rises After Trump Warns More Strikes on Iran Amid Risk to Saudi Arabian Supplies

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes fell while crude oil prices rose as President Donald Trump signaled more attacks on Iran amid threats from the Tehran-backed Houthi group to Saudi Arabian crude oil supplies.The Nasdaq slipped less than 0.1% to 25,508.07 on Monday, giving up intraday gains of more than 1%. The S&P 500 fell 0.2% to 7,443.28 after trading in positive territory earlier in the session. The Dow Jones Industrial Average slid 0.6% to 51,839.26, ending the day close to the session low.Health care, materials, and industrials led decliners. Communication services, energy, and technology were the only gainers.President Donald Trump warned Iran "will pay" for three US troop deaths over the past few days, CNN reported. The US is increasing the number of fighter jets in the Middle East as Trump considers how to proceed in the fight against Iran, CNN cited an official.The US military strategy seems to be to attack Iran's offensive and defensive assets until it surrenders its claims on the Strait of Hormuz, according to a Macquarie note. "As for the US's long-term strategic plans, it is clear that they are about diminishing reliance on the Strait over time, by supporting the build-out of alternative oil transportation modalities."Meanwhile, the Tehran-backed Houthi group in Yemen said Monday they were imposing a naval blockade on Saudi Arabia, Reuters reported. The full closure of the Bab el-Mandeb strait would reduce global oil supply by 7% as it would leave most of Saudi oil exports unable to leave the region, the news report said. The disruption would add to the reduction in oil flows from the war, which has already cut shipments by 10% of global supply, it added.The front-month US West Texas Intermediate rose 0.6% to $83.01 a barrel, while global benchmark North Sea Brent climbed 0.9% to $88.88 a barrel, after both crude types traded lower earlier in the session.Most US Treasury yields rose, with the 10-year advancing 5.3 basis points to 4.59%. The two-year jumped 3.9 basis points to 4.21%.In precious metal markets, gold futures slipped 0.2% to $4,013.5, while silver futures climbed 1.3% to $57.06.In economic news, the Conference Board's measure of leading indicators declined by 0.2% in June, larger than the 0.1% decrease expected in a Bloomberg-compiled survey, following a 0.1% increase in May."Consumer spending is weakening, but strong business investment related to AI is expected to support economic activity while inflation continues to improve," said Justyna Zabinska-La Monica, Senior Manager of Business Cycle Indicators. "The Conference Board raised its forecast from 1.8% to 1.9% year-over-year GDP growth for 2026."In company news, Alphabet's (GOOG, GOOGL) Google is working on a new server chip that will allow it to serve its AI models to users more efficiently, The Information reported Monday, citing two people with direct knowledge of the matter. Shares of Google's parent rose 1.5%.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL
Update: Wall Street Falls as Traders Await Earnings, Track Middle East Developments
US Markets

Update: Wall Street Falls as Traders Await Earnings, Track Middle East Developments

(Updates with market moves at the end of the day.)Stocks on Wall Street ended Monday's choppy trade lower as markets awaited more earnings releases this week and kept an eye on developments in the Middle East.The Dow Jones Industrial Average fell 0.6% to 51,839.26, while the S&P 500 declined 0.2% to settle at 7,443.28. The Nasdaq Composite dipped 0.1% to 25,508.07. Most sectors were in the red, led by healthcare, while communication services saw the biggest gain.This week, 86 S&P 500 companies are scheduled to release their latest quarterly financial results, Oppenheimer Asset Management said in a note. Google parent Alphabet (GOOG, GOOGL) and electric vehicle maker Tesla (TSLA) -- which are two of the so-called Magnificent 7 stocks -- are slated to report Wednesday.Intel, Philip Morris International (PM), American Express (AXP), T-Mobile US (TMUS), IBM (IBM), AT&T (T) and Verizon Communications (VZ) are among other major names expected to report this week."The reporting calendar is shifting beyond the first wave of money-center banks toward large tech, industrial and consumer names," Tigress Financial said in a note Monday. "The narrative will increasingly focus on whether (artificial intelligence) platforms, cloud providers and key cyclicals can match the strong bank prints without sparking renewed worries about margins or demand."West Texas Intermediate crude oil was up 0.6% at $82.97 a barrel in Monday late-afternoon trade, while Brent rose 0.9% to $88.88.On Sunday, the US Central Command said it completed the ninth consecutive evening of strikes against Iran. The US confirmed the passing of at least three service members during recent fighting with Iran.President Donald Trump said Monday that "every time Iran kills an American soldier they will pay for that killing many times over."Iran could resume negotiations with the US based on national interests, CNBC reported, citing Tehran's foreign ministry spokesman Esmail Baghaei. US intermediaries had continued to exchange messages with Iran, Baghaei reportedly said."If this escalation goes unchecked, we could return to an environment of wide-scale attacks across the Persian Gulf," ING Bank said in a report Monday. "Vessel flows (in the Strait of Hormuz) have essentially ground to a halt."US Treasury yields were higher, with the 10-year rate up 5.5 basis points at 4.6% and the two-year rate rising 3.9 basis points to 4.21%.In company news, Magnolia Oil & Gas (MGY) agreed to acquire privately held WildFire Energy in a roughly $4.06 billion deal, including debt, that will give it a dominant position in the Giddings field in South Texas. Magnolia Oil shares slumped 6.4%.Gold edged down 0.2% to $4,010.30 per troy ounce, while silver advanced 0.5% to $56.62 per ounce.

Dow JonesNasdaq CompositeS&P 500$AXP$GOOG$GOOGL$IBM$MGY$PM$T$TMUS$TSLA$VZ
Alphabet Poised for Another Strong, AI-Driven Quarter, Tigress Says
Wire

Alphabet Poised for Another Strong, AI-Driven Quarter, Tigress Says

Alphabet (GOOGL, GOOG) is expected to report another strong quarter, driven by artificial intelligence, Tigress Financial Partners said Monday in a client note.The search engine Google's parent is scheduled to release second-quarter financials on Wednesday, after the market closes.The consensus is for 21% revenue growth year over year and earnings per share of $2.90 on a GAAP basis, according to Tigress.A more than 60% jump in Google cloud and mid-teens expansion in search, YouTube and subscriptions are likely to drive revenue at Alphabet, according to Ivan Feinseth, chief market strategist at Tigress. The company will also benefit from early monetization from Gemini, tensor processing units and full-stack AI offerings."The (second quarter) is expected to confirm that AI is driving faster adoption and monetization across infrastructure, core ads and consumer products rather than being confined to a single business line," Feinseth wrote.Alphabet logged a 22% year-over-year revenue increase in the first quarter to $109.9 billion, with the Google cloud segment's sales surging 63% to $20.03 billion. Google services revenue increased 16% to $89.64 billion.The company revised this year's capital expenditure forecast to between $180 billion and $190 billion in April, up from its previous estimate of $175 billion to $185 billion.Last week, BofA Securities said Alphabet is likely to deliver strong second-quarter results amid strength in its cloud business. Given higher prices of memory and other components, Alphabet could increase its 2026 capital spending outlook range by 5% to $190 billion to $200 billion, according to BofA.While Wall Street is closely watching the massive AI spending cycle and its impact on cash flows, Feinseth said "current expectations for operating income growth outpacing revenue and margin expansion reflect a growing view that this investment is value-accretive, as cloud profitability improves and efficiency gains offset near-term free cash flow pressure."Analyst sentiment around Alphabet remains "very bullish," with an average 12-month target tracking in the high $420 range, Feinseth said.Price: $352.39, Change: $+5.62, Percent Change: +1.62%

$GOOG$GOOGL
Equities Mostly Rise Intraday as Chip Stocks Advance
US Markets

Equities Mostly Rise Intraday as Chip Stocks Advance

US benchmark equity indexes were mostly higher intraday Monday as key chipmakers advanced, while traders awaited earnings of some major companies due later in the week.The Nasdaq Composite was up 0.4% at 25,633.1 after midday, while the S&P 500 rose 0.2% to 7,468.7. The Dow Jones Industrial Average fell 0.4% to 51,950.7. Most sectors were in the red, led by materials and consumer staples, while energy paced the gainers.Shares of chipmaking giant Intel (INTC) rose 3.8%, while Nvidia (NVDA), Micron Technology (MU) and Advanced Micro Devices (AMD) were also pointing higher.This week, 86 S&P 500 companies are scheduled to release their latest quarterly financial results, Oppenheimer Asset Management said in a note. Google parent Alphabet (GOOG, GOOGL) and electric vehicle maker Tesla (TSLA) -- which are two of the so-called Magnificent 7 stocks -- are slated to report Wednesday.Intel, Philip Morris International (PM), American Express (AXP), T-Mobile US (TMUS), IBM (IBM), AT&T (T) and Verizon Communications (VZ) are among other major names expected to report this week."The reporting calendar is shifting beyond the first wave of money-center banks toward large tech, industrial and consumer names," Tigress Financial said in a note Monday. "The narrative will increasingly focus on whether (artificial intelligence) platforms, cloud providers and key cyclicals can match the strong bank prints without sparking renewed worries about margins or demand."West Texas Intermediate crude oil was up 0.1% at $82.58 a barrel intraday, while Brent rose 0.5% to $88.55.Iran could resume negotiations with the US based on national interests, CNBC reported, citing Tehran's foreign ministry spokesman Esmail Baghaei. US intermediaries had continued to exchange messages with Iran, Baghaei reportedly said.Amid soaring tensions with Iran, the US is looking to send additional F-16 and F-35 fighter jets from bases in Europe, as well as additional aerial refueling tankers, to the Middle East, CNN reported, citing a US official.On Sunday, the US Central Command said it completed its ninth consecutive evening of strikes against Iran. The US military also confirmed the passing of three service members in the past few days."If this escalation goes unchecked, we could return to an environment of wide-scale attacks across the Persian Gulf," ING Bank said in a report Monday. "Vessel flows (in the Strait of Hormuz) have essentially ground to a halt."US Treasury yields were higher intraday, with the 10-year rate up 6.3 basis points at 4.6% and the two-year rate rising 5.5 basis points to 4.23%.In company news, Magnolia Oil & Gas (MGY) agreed to acquire privately held WildFire Energy in a roughly $4.06 billion deal, including debt, that will give it a dominant position in the Giddings field in South Texas. Magnolia Oil shares were down 5.7% intraday.Gold edged down 0.1% to $4,015.10 per troy ounce, while silver advanced 1.4% to $57.11 per ounce.

Dow JonesNasdaq CompositeS&P 500$AMD$AXP$GOOG$GOOGL$IBM$INTC$MGY$MU$NVDA$PM$T$TMUS$TSLA$VZ
Asia Markets

Update: Communication Services, Technology Help Lift Nasdaq and S&P 500; Crude Oil Mixed as Iran Ally Threatens Saudi Supply

(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first paragraph.)US equity indexes traded mixed, with communication services and technology sectors helping lift the Nasdaq Composite and the S&P 500.The Nasdaq rose 0.5% to 25,639.2, with the S&P 500 up 0.2% to 7,468.9 after midday Monday. The price-weighted Dow Jones Industrial Average, which is home to old economy sectors, fell 0.4% to 51,954.8.Consumer staples, utilities, and materials led decliners. Energy was among the trio of gainers as investors weighed geopolitical developments.US Secretary of State Marco Rubio said Sunday night the US "remains open" to talks despite the weekend's violence, and an Iranian official said their side was similarly open to discussions, CNN reported.Iranian Interior Minister Eskandar Momeni is heading a high-level delegation to neighboring Pakistan at the invitation of his Pakistani counterpart, news reports said Monday. The trip comes after Iran's Foreign Ministry announced mediators continue to exchange proposals to get peace talks back on track after nearly two weeks of bombardment.The front-month US West Texas Intermediate slipped 0.2% to $82.35 a barrel, while global benchmark North Sea Brent edged up 0.2% to $88.29 a barrel.In precious metal markets, gold futures slipped 0.2% to $4,013.5, while silver futures climbed 1.3% to $57.06.Meanwhile, Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi Arabia, a move that widens the threat to global energy supplies and trade beyond the Gulf, Reuters reported.Most US Treasury yields rose, with the 10-year soaring 6.3 basis points to 4.6%. The two-year surged 5.5 basis points to 4.23%.In economic news, the Conference Board's measure of leading indicators declined by 0.2% in June, larger than the 0.1% decrease expected in a Bloomberg-compiled survey, following a 0.1% increase in May."Consumer spending is weakening, but strong business investment related to AI is expected to support economic activity while inflation continues to improve," said Justyna Zabinska-La Monica, Senior Manager of Business Cycle Indicators. "The Conference Board raised its forecast from 1.8% to 1.9% year-over-year GDP growth for 2026."In company news, Alphabet's (GOOG, GOOGL) Google is working on a new server chip that will allow it to serve its AI models to users more efficiently, The Information reported Monday, citing two people with direct knowledge of the matter. Shares of Google's parent rose 2.3% intraday.Barclays upgraded Lumentum (LITE) to overweight from equalweight, with a price target of $1,000. Shares of Lumentum traded 7.2% higher intraday, the top gainer on the S&P 500 and the Nasdaq.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$LITE
Early S&P 500 Results Smash Profit Growth Estimates, Oppenheimer Says
US Markets

Early S&P 500 Results Smash Profit Growth Estimates, Oppenheimer Says

Quarterly results of an initial batch of S&P 500 companies show that earnings growth so far is tracking at more than double the expected pace, according to an Oppenheimer Asset Management report released Monday.Some 47 companies, or less than 10% of the large-cap index' constituents, have reported financial results in the current cycle, with earnings and revenue up around 52% and 16% year over year, respectively, the report showed.Ahead of the reporting season, FactSet put expected earnings growth at 23.6% from a year earlier, according to Oppenheimer."The (second-quarter) earnings season got off to a solid start last week," Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus said, highlighting "outsized" results particularly among technology and financial companies.The technology sector so far led earnings growth among the 11 sectors, with results from five companies showing a nearly 243% surge in profits year over year, the report showed. The financial sector followed with a 38% increase.Technology also outshined in terms of revenue with a 67% jump so far, followed again by financials, which saw an increase of 18%.This week, 86 S&P 500 companies are scheduled to release their latest quarterly financials, according to Oppenheimer. Two of the so-called Magnificent 7 -- Alphabet (GOOG, GOOGL) and Tesla (TSLA) -- report after the markets close Wednesday.Also releasing their quarterly results this week are Intel (INTC), Philip Morris International (PM), RTX (RTX), T-Mobile US (TMUS), American Express (AXP), International Business Machines (IBM), AT&T (T), and NextEra Energy (NEE)."We continue to expect good results for S&P 500 earnings this reporting season as fundamentals remain in our view conducive to continued economic growth that should be supportive of revenue and earnings growth going forward," Stoltzfus said.Price: $356.94, Change: $+10.82, Percent Change: +3.13%

$AXP$GOOG$GOOGL$IBM$INTC$NEE$PM$RTX$T$TMUS$TSLA
Wire

Top Midday Stories: Brookfield, CPP Investments to Acquire LXP; Google Working on New Server Chip

The Dow Jones Industrial Average was down, while the S&P 500 and Nasdaq Composite were up, as chipmakers traded higher to kick off the week.In company news, Brookfield Asset Management (BAM) and Canada Pension Plan Investment Board agreed to acquire LXP Industrial Trust (LXP) in an all-cash deal valued at around $5.2 billion, including net debt and preferred equity, LXP said Monday. Under the terms of the transaction, which is expected to close in Q4, LXP shareholders will receive $61.20 per share in cash. Brookfield shares were down 1.3% around midday, while LXP shares were up 4.2%.Alphabet's (GOOG, GOOGL) Google is working on a new server chip that will allow it to serve its AI models to users more efficiently, The Information reported Monday, citing two people with direct knowledge of the matter. Google plans to use the new chip to help address shortages in AI computing capacity, as the tech giant's workers project it could be 6 to 10 times more efficient than the latest version of its existing line of homegrown AI chips when it launches, the report said, citing the people. Google Class C shares were up 3.1%, while its Class A shares were up 3.0%.SpaceX (SPCX) said Sunday that it is preparing to launch the 13th flight test of Starship as early as Thursday. SpaceX shares were down 1.0%.Alibaba Group's (BABA) AliExpress unit was fined 550 million euros ($628.9 million) by the European Commission for failing to comply with the Digital Services Act, the European Commission said Monday. The EC penalized the web platform for failing to diligently assess and mitigate risks tied to the sale of counterfeit and hazardous items, it said. Alibaba shares were up 4.4%.Bristol-Myers Squibb (BMY) said Monday that it is expanding its partnership with Nvidia (NVDA) to build an AI factory dedicated to pharmaceutical research and development. Financial terms of the deal were not disclosed. Bristol shares were up 0.1%, while Nvidia shares were up 1.7%.Price: $47.71, Change: $-0.62, Percent Change: -1.28%

$BABA$BAM$BMY$GOOG$GOOGL$LXP$NVDA$SPCX
Wire

Update: Market Chatter: Google Working on New Server Chip

(Update with Google's response to a request for comment in the last paragraph.)Alphabet's (GOOG, GOOGL) Google is working on a new server chip that will allow it to serve its AI models to users more efficiently, The Information reported Monday, citing two people with direct knowledge of the matter.The tech giant intends to use the new chip to help address shortages in AI computing capacity, as Google workers project it could be 6 to 10 times more efficient than the latest version of its existing line of homegrown AI chips when it launches, the report said, citing the people."Our teams are constantly researching and experimenting with new innovations to deliver maximum performance and efficiency for our users and customers," a Google spokesperson said in a statement to. "While not every project moves into production, this rigorous exploration is central to our full stack approach."(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: $357.71, Change: $+11.59, Percent Change: +3.35%

$GOOG$GOOGL
Asia Markets

Update: US Equity Futures Edge Higher Pre-Bell as Traders Monitor Middle East Situation, Anticipate Week's Tech Earnings

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were higher pre-bell Monday as traders monitored the latest developments in the Middle East conflict and look forward to earnings from several tech giants this week.Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.9% higher.US Central Command said in a post on X that it successfully completed a ninth consecutive evening of strikes against Iran in a continuing effort to diminish its ability to attack commercial vessels transiting the Strait of Hormuz.Despite the constant exchange of attacks between both sides, Iran's Foreign Ministry spokesman Esmail Baghaei said that negotiations with the US could be pursued based on national interests.Alphabet (GOOG, GOOGL), Tesla (TSLA), Intel (INTC), and Texas Instruments (TXN) are set to release their financial results this week. Anticipated earnings also include GE Vernova (GEV), Philip Morris International (PM), RTX (RTX),and American Express (AXP).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.5% at $88.52 per barrel and US West Texas Intermediate crude 0.1% higher at $81.88 per barrel.June's leading indicators data is scheduled to be released 10 am ET.In other world markets, Hong Kong's Hang Seng ended 2.4% higher and China's Shanghai Composite finished 0.9% higher. Japan's Nikkei was closed due to a public holiday. Meanwhile, the UK's FTSE 100 was down 0.2%, and Germany's DAX index was 0.3% higher in Europe's early afternoon session.In equities, semiconductor stocks, including Micron Technology (MU), SK Hynix (SKHY), and AMD (AMD), were up in premarket activity. Micron Technology shares rose 4.8%, SK Hynix stock was up 5.3%, and AMD shares were 3.9% higher. Domino's Pizza (DPZ) stock was up 6.7% after the company reported higher fiscal Q2 earnings and revenue.On the losing side, Ryanair (RYAAY) stock was down 2.5% after the company posted fiscal Q1 earnings and revenue that missed analysts' consensus estimates.

Dow JonesNasdaq CompositeS&P 500$AMD$AXP$DPZ$GEV$GOOG$GOOGL$INTC$MU$PM$RTX$RYAAY$SKHY$TSLA$TXN
Japan

US Equity Futures Edge Higher Pre-Bell as Traders Monitor Middle East Situation, Anticipate Week's Tech Earnings

US equity futures were higher pre-bell Monday as traders monitored the latest developments in the Middle East conflict and look forward to earnings from several tech giants this week.Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 1.1% higher.US Central Command said in a post on X that it successfully completed a ninth consecutive evening of strikes against Iran in a continuing effort to diminish its ability to attack commercial vessels transiting the Strait of Hormuz.Despite the constant exchange of attacks between both sides, Iran's Foreign Ministry spokesman Esmail Baghaei said that negotiations with the US could be pursued based on national interests.Alphabet (GOOG, GOOGL), Tesla (TSLA), Intel (INTC), and Texas Instruments (TXN) are set to release their financial results this week. Anticipated earnings also include GE Vernova (GEV), Philip Morris International (PM), RTX (RTX),and American Express (AXP).Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.9% at $86.46 per barrel and US West Texas Intermediate crude 2.4% lower at $79.82 per barrel.June's leading indicators data is scheduled to be released 10 am ET.

Dow JonesNasdaq CompositeS&P 500$AXP$GEV$GOOG$GOOGL$INTC$PM$RTX$TSLA$TXN
Stocks Rise Pre-Bell as Traders Await Latest Batch of Earnings, Monitor Middle East Developments
US Markets

Stocks Rise Pre-Bell as Traders Await Latest Batch of Earnings, Monitor Middle East Developments

The benchmark US stock measures were pointing higher before the opening bell Monday as investors await earnings from several major companies this week and monitor developments in the Middle East.The S&P 500 and the Dow Jones Industrial Average rose 0.3% each in premarket activity, while the Nasdaq added 0.6%. The indexes finished Friday's trading session lower.Alphabet (GOOG, GOOGL) and electric vehicle manufacturer Tesla (TSLA) are scheduled to release their quarterly earnings after the markets close Wednesday. Intel (INTC), Philip Morris International (PM), American Express (AXP), T-Mobile US (TMUS), International Business Machines (IBM), AT&T (T) and Verizon Communications (VZ) are also expected to post their results this week.Shares of Domino's Pizza (DPZ) spiked 7.1% pre-bell as the pizza restaurant chain reported better-than-expected fiscal second-quarter revenue. Alibaba's (BABA) US-listed stock rebounded 3.4% after closing Friday down 2.1%.West Texas Intermediate crude oil edged down 0.8% to $81.87 a barrel before the open, while Brent slipped 0.1% to $88.05.Iran's foreign ministry spokesman Esmail Baghaei said that Tehran could resume negotiations with the US based on national interests, CNBC reported. Baghaei told reporters that US intermediaries had continued to exchange messages with Iran.The US Central Command said Sunday its forces completed their ninth consecutive evening of strikes against Iran. In a separate statement, CENTCOM confirmed the passing of three US service members, while a missing fourth member's remains were found in Jordan."Energy and refined fuel flows through the Strait of Hormuz continues to slow amid the escalating conflict between the US and Iran," Saxo Bank said in a Friday report. "The renewed disruption has interrupted the recent recovery in regional supply, reviving concerns about tighter global markets."Treasury yields were trending upwards in premarket action, with the two-year rate increasing 1.5 basis points to 4.19% and the 10-year rate gaining 2.1 basis points to 4.56%.Consumer sentiment this month hit its highest level since February amid easing price pressures at the pump, though renewed tensions in the Middle East could weigh on confidence going forward, according to a survey released Friday by the University of Michigan.Gold nudged up 0.2% to $4,026 per troy ounce, while bitcoin decreased 0.3% to $64,234.

Dow JonesNasdaq CompositeS&P 500$AXP$BABA$DPZ$GOOG$GOOGL$IBM$INTC$PM$T$TMUS$TSLA$VZ
Equities

Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Monday; Sandisk, Micron Technology to Open Higher

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before Monday's opening bell.Sandisk (SNDK) was up 4.1% in pre-bell activity, after closing Friday with a 4% decline.Micron Technology (MU) advanced by 4.1% premarket, reversing a 0.5% decline from the previous session.AST SpaceMobile (ASTS) was 2.6% higher pre-bell, after a 5.1% increase from Friday's session.SpaceX (SPCX) rose by 1.9% hours before market open, swinging from a 5.4% decline at Friday's close.DTE Energy (DTE) was up 1.1% in premarket activity, following a 0.5% decline from the previous session.Nvidia (NVDA) advanced by 0.7% pre-bell, after a 2.2% decline from Friday's session.Alphabet (GOOG) was 0.5% higher in premarket hours, swinging from a 2.2% fall at Friday's close.Microsoft (MSFT) declined by 0.4% pre-bell, after a 1.8% fall at Friday's close.

$ASTS$DTE$GOOG$MSFT$MU$NVDA$SNDK$SPCX
Asia Markets

US Equity Investors to Focus on Q2 Earnings, Iran War, Composite PMIs This Week as Chipmakers Hover Near Bear Market

US equity investors will focus on mega-cap Q2 earnings this week while keeping an eye on geopolitics and macroeconomic data after the recent soft inflation print.* US corporate earnings due include Alphabet (GOOG, GOOGL), Tesla (TSLA), GE Vernova (GEV), Intel (INTC), and American Express (AXP).* Last week, technology was the worst-performing sector. The VanEck Semiconductor ETF (SMH), with net assets of $77.2 billion, fell to $556.53 on Friday from an intraday high of $671.83 on June 22, a decline of about 17%, implying chipmakers are on the doorstep of entering a bear market.* Through Friday, almost 10% of S&P 500 firms had reported Q2 results, according to a Friday note from D A Davidson. So far, earnings have surged by around 51% year-over-year, ahead of the consensus for a jump of about 23% as of June 30. Most of this outperformance was skewed by a handful of semiconductor names.* US Central Command completed the ninth consecutive evening of strikes against Iran on Saturday, according to a statement. CENTCOM assets targeted, among others, Iranian military command centers, air defense and coastal surveillance sites to "further diminish Iran's ability to attack commercial vessels and civilian mariners transiting the Strait of Hormuz," it said.* Investors will watch out for further escalation, especially attacks on Iran's civilian infrastructure and Tehran's retaliation toward its Gulf neighbors, as well as the possibility of disrupting the Red Sea crude oil chokepoint.* The week ahead will be quiet on the economic data front, with the Federal Reserve in its communication blackout period, a Jefferies note said Friday.* Investors will closely monitor the S&P Global Composite PMI flash this week alongside ADP employment change and jobless claims to gauge the health of the US economy following the steepest drop in June's consumer price index since April 2020 last week and a consequent drop in market expectations for an interest rate increase this year.

Dow JonesNasdaq CompositeS&P 500$AXP$GEV$GOOG$GOOGL$INTC$TSLA
Wire

Market Chatter: Google Months Behind Schedule for New Gemini Launch

Alphabet's (GOOG, GOOGL) Google is months behind schedule on delivering its most powerful AI model -- Gemini 3.5 Pro -- due to its efforts to improve its capabilities, especially in coding, Bloomberg reported Thursday, citing people familiar with the matter.Many Google engineers, AI researchers and managers are concerned the company risks losing an advantage in the market because of the delay, the report said, citing 10 current and former employees.Google didn't 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: $364.22, Change: $-6.00, Percent Change: -1.62%

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Wire

Google Months Behind Schedule for New Gemini Launch, Bloomberg Reports

Google Months Behind Schedule for New Gemini Launch, Bloomberg Reports

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Alphabet Set for Solid Quarterly Results on Cloud Strength, BofA Says
US Markets

Alphabet Set for Solid Quarterly Results on Cloud Strength, BofA Says

Alphabet (GOOG, GOOGL) is likely to deliver strong second-quarter results amid strength in its cloud business, while the technology giant could raise its capital expenditure outlook, BofA Securities said Thursday.The Google parent is scheduled to report June quarter results Wednesday.BofA projects cloud revenue growth of 70% and search to jump 17% on an annual basis, while Wall Street is looking for gains of 65% and 17%, respectively, the brokerage said in a note to clients Thursday."For cloud, Google has been accelerating capacity expansion to meet strong demand, and we think revenues will reflect strong capacity growth," BofA analyst Justin Post said. "We view Google's recent capital raise, news on Google limiting capacity to certain clients, and Amazon (AMZN) cloud price increase as a positive signal for cloud demand and continue to see upside to Street estimates."Given higher prices of memory and other components, Alphabet could increase its 2026 capex outlook range by 5% to $190 billion to $200 billion, according to the note."Alphabet is investing in compute capacity to support significant cloud customer demand, frontier model development, improve the user experience, and drive higher advertiser (return on investment)," Post wrote.For the search business, third-party data and checks indicate strength in retail for the second quarter, offset "somewhat" by travel and consumer packaged goods, BofA said.The brokerage reiterated its buy rating on the Alphabet stock, with a $430 price objective."We think Alphabet remains well positioned to drive outsized advertising and cloud growth given favorable positioning across foundational models, custom silicon, consumer distribution, and enterprise distribution," Post said. "As both consumer and enterprise adoption of (artificial intelligence) services increases, especially for cloud, it could support more durable revenue growth (less cyclical) and a higher valuation."Price: $371.32, Change: $+0.40, Percent Change: +0.11%

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Wire

Intel, Google Cloud Expand AI Partnership With Gemini Enterprise Rollout

Intel (INTC) and Alphabet's (GOOG, GOOGL) Google Cloud expanded their partnership to deploy Gemini Enterprise across Intel's workforce and to run chip-design and engineering workloads on Google Cloud's infrastructureIntel will use Gemini-based tools to automate engineering, supply-chain and corporate processes, while Google Cloud will provide the cloud systems needed to speed semiconductor development, the companies said Thursday.Intel shares fell 5.4% in Thursday trading amid a broad decline in chip stocks, and Alphabet rose 0.2%.Price: $97.39, Change: $-5.60, Percent Change: -5.44%

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Wire

Alphabet Seen Delivering Robust Q2 on Ad Growth, Gemini Momentum, BofA Says

Alphabet (GOOG/GOOGL) is expected to post robust Q2 results with healthy ad growth and cloud upside driven by growing Gemini traction, BofA Securities said Thursday in a report.Channel checks indicate steady retail search growth with some softness in travel, the report said. BofA raised its cloud growth estimate to 70%, citing strong demand indicators and a backlog that suggests at least $230 billion in revenue over the next eight quarters.BofA expects EPS of $8.38 on revenue of $102.1 billion in Q2 and EPS of $3.03 on revenue of $108.8 billion in Q3.BofA boosted its 2026 estimates to EPS of $19.70 and revenue of $427 billion and lifted its 2027 forecast to EPS of $14.70 and revenue of $537 billion.Alphabet remains well-positioned to drive growth and cloud margin upside, partly on favorable AI positioning across models and broad consumer and enterprise distribution, the report said.Q2 results are due Wednesday.BofA reiterated its buy rating on Alphabet stock with a $430 price target.Price: $371.60, Change: $+1.39, Percent Change: +0.38%

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Wire

Update: Market Chatter: Google to Allow Third-Party Stores in Google Play Next Week

(Updated with Google's response to a request for comment in the second paragraph.)Alphabet's (GOOG, GOOGL) Google withdrew its bid to change the final judgment in its antitrust case with Epic Games, telling a California federal court it will allow US users to download third-party app stores within Google Play starting next week, Bloomberg reported Wednesday, citing a late-Tuesday court filing."We've agreed with Epic to withdraw our motion to modify the US Court's injunction rather than prolonging this process which creates uncertainty for the ecosystem," a Google spokesperson told. "This allows us to focus on executing our recently announced global business model evolution to deliver greater app store choice, lower prices, and more opportunities for developers and users."Epic didn't 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: $370.06, Change: $+12.73, Percent Change: +3.56%

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