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Alphabet Inc. (Class A)

Alphabet Inc. (Class A)

$GOOGL
NASDAQTechnology

218 stories mentioning Alphabet Inc. (Class A)Updated just now

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

Sectors

Sector Update: Tech Stocks Fall Wednesday Afternoon

Tech stocks were lower Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 3.1%.The Philadelphia Semiconductor index declined 3%.In corporate news, Super Micro Computer (SMCI) shares tumbled past 19% after the company said late Tuesday it is planning $7 billion worth of equity and equity-linked financing transactions as part of efforts to fund AI orders related to its advanced servers.Alphabet's (GOOGL) Google's YouTube and Meta (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday. Alphabet shares were down 2%, and Meta shed 1.5%.Amazon (AMZN) has entered into a $17.5 billion senior unsecured delayed-draw term loan facility with a group of lenders, the company said Wednesday in a regulatory filing. Amazon shares fell 2.4%.

$AMZN$GOOGL$META$SMCI
Wire

Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case by California Judge

Alphabet's (GOOG, GOOGL) Google's YouTube and Meta Platforms (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.A California state court judge rejected the companies' argument that they were protected under Section 230 of the Communications Decency Act, a federal law that protects online platforms from liability over content generated by users, according to the report.Judge Carolyn Kuhl stated that the law does not address the companies' platform design choices and the jury was repeatedly instructed not to consider content, the report said.Google and Meta Platforms did not immediately respond to' request 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: $354.48, Change: $-7.81, Percent Change: -2.16%

$GOOG$GOOGL$META
Wire

Google Launches DiffusionGemma Model for Faster Text Generation

Alphabet's (GOOG, GOOGL) Google said Wednesday in a blog post that it launched DiffusionGemma, an experimental open-source large language model that uses a diffusion-based approach to text generation instead of the standard token-by-token method.Instead of generating text one token at a time, the model produces blocks of text in parallel, allowing it to generate up to four times faster than conventional autoregressive models.The model is designed to run on high-end GPUs, including quantized configurations that fit within about 18GB of VRAM. The architecture is intended for research and speed-focused interactive workflows, including inline editing, code infilling and other non-linear text generation tasks.The company said DiffusionGemma prioritizes speed over output quality and recommended using its standard Gemma 4 models for applications requiring higher-quality responses.Price: $358.45, Change: $-5.82, Percent Change: -1.60%

$GOOGL
Oracle's Core Database Business Poised For Solid Quarterly Performance, BofA Says
US Markets

Oracle's Core Database Business Poised For Solid Quarterly Performance, BofA Says

Oracle's (ORCL) core database business is expected to show strong performance in its fiscal fourth quarter, while the company's capital expenditures are likely to stay elevated amid the ongoing data center buildout, BofA Securities said Tuesday.The cloud computing company is scheduled to report results after the closing bell Wednesday. BofA expects non-GAAP earnings of $1.98 a share on revenue of $19.07 billion for the quarter. Wall Street is looking for $1.97 and $19.09 billion, respectively, according to the brokerage."We continue to expect solid performance from Oracle's core database business, which grew 35% (year over year) and multi-cloud database revenue up 531% (year over year) in (the third quarter), as it provides a stable foundation for free cash flow generation, supported in part by strategic partnerships announced during the quarter with Amazon (AMZN) and [Alphabet's (GOOG, GOOGL)] Google," BofA analyst Tal Liani said in a note to clients Tuesday.Oracle's results will likely show a sequential acceleration in cloud revenue growth as additional data center capacity becomes available, converting some of the company's backlog -- or remaining performance obligations -- into additional revenue, according to the brokerage.BofA raised its price target on the Oracle stock to $240 from $200, while reiterating its buy rating.The company's shares were down 6.3% in Tuesday afternoon trade. The stock has increased 1.6% so far in 2026.Oracle's capital expenditures are expected to remain elevated, with the metric seen growing 21% to $11 billion in the fourth quarter and 36% to $68.3 billion in 2027, as the company continues to invest aggressively in data center capacity to meet its backlog commitments and overall demand for compute, according to BofA."While these trends reinforce underlying demand and ecosystem expansion, we do not expect core strength alone to offset the near-term impact of elevated capex on free cash flow," Liani said.BofA said it's focused on Oracle's potential remarks around its $20 billion at-the-market equity program announced earlier this year. The brokerage expects the company to need to raise an additional $35 billion over the next few years "given the cost intensity nature of the (data center) buildout," Liani said.Price: $198.12, Change: $-13.70, Percent Change: -6.47%

$AMZN$GOOG$GOOGL$ORCL
Wire

American Airlines, Google Sign Agreement for Sustainable Aviation Fuel Certificates

American Airlines (AAL) and Alphabet's (GOOG, GOOGL) Google entered into an agreement for sustainable aviation fuel certificates, the companies said Tuesday.The agreement will unlock 35 million gallons of sustainable aviation fuel over three years, with American purchasing and taking delivery of the physical fuel for Chicago O'Hare International Airport through existing infrastructure, the companies said.Additionally, Google will receive the environmental benefits to help address its emissions from employee business travel through the sustainable aviation fuel certificates registry, according to the companies.Financial terms related to the agreement were not disclosed.Price: $13.84, Change: $+0.24, Percent Change: +1.73%

$AAL$GOOG$GOOGL
Asia Markets

US Equity Indexes Mixed Amid Big-Tech Gains as Iran, Israel Halt Strikes After Trump Calls for Ceasefire

US equity indexes were mixed as technology led sector charts, while President Donald Trump's diplomatic efforts to engineer a halt in strikes between Iran and Israel led to a retreat in crude oil prices from intraday highs.The Nasdaq Composite jumped 0.9% to 25,929.66, with the S&P 500 up 0.3% to 7,405.73, but the Dow Jones Industrial Average slipped 0.2% to 50,786.01 on Monday.All but three sectors fell at the close. Utilities, real estate, and materials led the decliners.Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as their backup manufacturer of advanced processors, as Taiwan Semiconductor Manufacturing (TSM) struggles to meet demand, The Information reported Monday, citing four people with direct knowledge of discussions. Intel jumped 11%, one of the top gainers in the S&P 500 and the Nasdaq.Cantor Fitzgerald adjusted its price target for Micron Technology (MU) to $1,500 from $700 while maintaining its overweight rating. Wells Fargo tuned its price objective for Micron to $1,220 from $550 and kept its overweight rating. Shares of Micron were up 9.9%, making it one of the biggest outperformers in the S&P 500 and the Nasdaq.Israel and Iran are "looking to do an immediate CEASEFIRE," CNN cited President Donald Trump as saying, after an overnight exchange of strikes between the two warring countries risked the fragile April truce brokered by the US."Final negotiations on 'Peace' are proceeding, subject to ignorance or stupidity getting in its way," Trump said on Truth Social. "The Blockade will remain in place, and in full force and effect, until a 'Final Deal' is reached. Things should move quickly."Israel has halted attacks on Iran, Israeli Prime Minister Benjamin Netanyahu said, stopping short of acknowledging a ceasefire, CNN reported. Iran has also suspended its operations against Israel, but warned it would resume if strikes in southern Lebanon continue, the news report added.A situation of "no deal, no war" between the US and Iran may not be able to last indefinitely, Thierry Wizman, a global foreign-exchange and rates strategist at Macquarie, said in a note."If a US-Iran deal is not reached - presumably via concessions made by both sides - then the prospect is that a new round of large-scale kinetic warfare will resume," Wizman said in the note. "According to most estimates, operational depletion [for inventories] could be reached in H2."West Texas Intermediate crude oil futures rose 0.8% to $91.25, and Brent crude futures climbed 1.2% to $94.16. Earlier in the session, crude oil futures were up more than 4% each amid reports of an overnight escalation between Iran and Israel.Most US Treasury yields rose, with the 10-year up 2.8 basis points to 4.56% while the two-year leaned slightly higher to 4.17%.In precious metals, gold futures fell 0.3% to $4,351.50, while silver futures declined 1.3% to $68.24.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$INTC$MU$NVDA$TSM
Tech-Heavy Nasdaq Snaps 3-Day Losing Streak
US Markets

Tech-Heavy Nasdaq Snaps 3-Day Losing Streak

The Nasdaq Composite rose Monday following a three-day slump, buoyed by the technology sector's rebound.The tech-heavy Nasdaq Composite rose 0.9% to 25,929.7, while the S&P 500 added 0.3% to 7,405.5. The Dow Jones Industrial Average lost 0.2% to 50,786.01, closing lower for a second consecutive session. Most sectors were in the red, led by utilities, while tech paced the gainers with a 1.5% rise.Chipmaker Intel (INTC) climbed 11%, the top performer on the S&P 500, followed by Micron Technology (MU), which jumped 9.9%. Cisco Systems (CSCO) rose 2.1%, the best performer on the Dow. Nvidia gained 1.7%.The tech sector shed 5.8% on Friday."In our view, volatility in technology stocks is likely to continue, although the (artificial intelligence) investment boom appears robust," D.A. Davidson said in a report on Monday. "We continue to expect a broadening of gains supporting sector diversification in portfolios."Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported, citing unnamed sources.Taiwan Semiconductor shares were up 2.8%.West Texas Intermediate crude oil was up 0.8% at $91.22 a barrel in Monday late-afternoon trade, while Brent rose 1.2% to $94.22, but both benchmarks were off session highs.Iran and Israel suspended strikes against each other. However, Tehran vowed to resume attacks if Israel continues to target Iran-backed Hezbollah in Lebanon, according to a CNBC report.Israel and Iran were looking for an "immediate" ceasefire, US President Donald Trump said Monday."Overall, the situation remains fragile, and for the oil market, the status quo holds: global inventories continue to draw, with analysts increasingly convinced that inventories will reach dangerously low levels by the end of June (if not sooner)," Tudor Pickering Holt Analyst Matt Portillo said in a note.US Treasury yields were higher, with the 10-year rate last up four basis points at 4.56%, and the two-year rate rising 1.9 basis points to 4.17%.In economic news, US consumers' short-term inflation expectations decreased in May, while the labor market outlook "deteriorated somewhat," a survey by the Federal Reserve Bank of New York showed Monday.Gold was down 0.2% at $4,358.50 per troy ounce, while silver dropped 0.9% to $68.50 per ounce.

Dow JonesNasdaq CompositeS&P 500$CSCO$GOOG$GOOGL$INTC$MU$NVDA$TSM
International

US Equity Markets Mixed After Trump Manages to Keep Ceasefire Intact

US equity indexes were mixed on Monday after technology stocks rose and President Donald Trump managed to keep the Iran ceasefire intact, while negotiations to reach a peace deal with Tehran remain halted.* Consumer expectations for one-year US inflation growth was 3.5% in May, down from 3.6% in April, according to a survey released by the New York Federal Reserve Bank on Monday.* Israel and Iran must immediately stop "shooting," Trump said in a Truth Social post. Israel accepted the US request to halt strikes on Iran but will continue attacks on southern Lebanon, sources told CNN. Iran has suspended its operations on Israel, but warned it would resume if strikes in southern Lebanon continue, the news report said Monday.* July West Texas Intermediate crude oil rose $0.65 to settle at $91.19 per barrel, while August Brent crude, the global benchmark, was last seen up $1.05 at $94.15.* Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) turned to Intel (INTC) as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported Monday. Intel shares were up roughly 11%, the top gainer on the S&P 500.* Ciena (CIEN) shares were down 5%, the steepest decline on the S&P 500, after the company said it planned a private offering of $2 billion of convertible senior notes due 2031.

Dow JonesNasdaq CompositeS&P 500$CIEN$GOOG$GOOGL$INTC$NVDA$TSM
Japan

US Equity Indexes Mixed as Big-Tech Marches Higher, Trump Engineers Halt to Iran-Israel's Exchange of Strikes

US equity indexes traded mixed as technology topped sector charts, while President Donald Trump's efforts to halt strikes between Iran and Israel helped crude oil retreat from intraday highs.The Nasdaq Composite jumped 0.9% to 25,937.1, with the S&P 500 up 0.4% to 7,409.9, but the Dow Jones Industrial Average slipped 0.1% to 50,804.5 ahead of Monday's close.Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as their backup manufacturer of the most advanced processors, as Taiwan Semiconductor Manufacturing (TSM) struggles to meet demand, The Information reported Monday, citing four people with direct knowledge of discussions. Intel jumped 10%, one of the top gainers in the S&P 500 and the Nasdaq.Cantor Fitzgerald adjusted its price target for Micron Technology (MU) to $1,500 from $700 while maintaining its overweight rating. Wells Fargo tuned its price objective for Micron to $1,220 from $550 and kept its overweight rating. Shares of Micron were up 8.9%, making it one of the biggest outperformers in the S&P 500 and the Nasdaq.Israel and Iran are "looking to do an immediate CEASEFIRE," CNN cited President Donald Trump as saying, after an overnight exchange of strikes between the two warring countries risked the fragile April truce brokered by the US."Final negotiations on 'Peace' are proceeding, subject to ignorance or stupidity getting in its way," Trump said on Truth Social. "The Blockade will remain in place, and in full force and effect, until a 'Final Deal' is reached. Things should move quickly."Israel has halted attacks on Iran, Israeli Prime Minister Benjamin Netanyahu said, stopping short of acknowledging a ceasefire, CNN reported. Iran has also suspended its operations against Israel, but warned it would resume if strikes in southern Lebanon continue, the news report added.West Texas Intermediate crude oil futures rose 1% to $91.47, and Brent crude futures climbed 1.4% to $94.41. Earlier in the session, crude oil futures were up more than 4% each amid reports of an overnight escalation between Iran and Israel.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$INTC$MU$NVDA$TSM
Equities Mostly Rise Intraday as Tech Jumps, Markets Monitor Middle East Developments
US Markets

Equities Mostly Rise Intraday as Tech Jumps, Markets Monitor Middle East Developments

US benchmark equity indexes were mostly higher intraday as the technology sector jumped, while Iran reportedly suspended military operation against Israel.The tech-heavy Nasdaq Composite was up 1.1% at 25,987.8 after midday Monday, while the S&P 500 rose 0.5% to 7,419.6. The Dow Jones Industrial Average lost 0.1% to 50,812.9. Friday's sell-off saw the Nasdaq post its biggest one-day decline since April 2025, while the Dow pulled back from a record high.Among sectors, tech paced the gainers intraday Monday, advancing by 2%, while utilities saw the biggest drop.Shares of certain chipmakers were notable gainers, with Intel (INTC) up nearly 11%, the top performer on the S&P 500. Micron Technology (MU) followed Intel on the index, rising 9.4%.Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported, citing unnamed sources.Taiwan Semiconductor shares were up 3%.Cisco Systems (CSCO) rose 3%, the best performer on the Dow, followed by Nvidia's 1.8% gain.West Texas Intermediate crude oil was up 0.5% at $90.95 a barrel intraday, while Brent rose 1.2% to $94.23, but both benchmarks were off session highs.Iran has suspended strikes against Israel, the former's Ministry of Foreign Affairs told CNBC Monday. The two countries traded strikes on Sunday night, according to reports."Iran's restraint is a positive for diplomacy," Tudor Pickering Holt said in a note.However, Iran vowed to resume attacks if Israel continues to target Iran-backed Hezbollah in Lebanon, according to the CNBC report.Israel and Iran were looking for "an immediate ceasefire," US President Donald Trump said Monday."Final negotiations on 'peace' are proceeding, subject to ignorance or stupidity getting in its way," Trump said in a social media post. "The blockade (against Iran) will remain in place, and in full force and effect, until a 'final deal' is reached. Things should move quickly.""Despite repeated optimism from the US administration, a lasting peace agreement appears increasingly elusive," Saxo Bank said in a report. "The near-closure of the Strait of Hormuz continues to tighten global energy markets, with several oil majors warning that the window before physical shortages begin to emerge may be measured in weeks rather than months."US Treasury yields were mixed intraday, with the 10-year rate up 1.2 basis points at 4.55%, and the two-year rate falling one basis point to 4.16%.Ciena (CIEN) shares were down 5%, the steepest decline on the S&P 500, as the company said it planned a private offering of $2 billion of convertible senior notes due 2031.Oracle (ORCL) and Adobe (ADBE) are scheduled to report their latest financial results later this week, along with others.Gold was down 0.2% at $4,358.50 per troy ounce, while silver dropped 0.9% to $68.50 per ounce.

Dow JonesNasdaq CompositeS&P 500$ADBE$CIEN$CSCO$GOOG$GOOGL$INTC$MU$NVDA$ORCL$TSM
Wire

Top Midday Gainers

Tango Therapeutics' (TNGX) initial results from a phase 1/2 trial of vopimetostat in combination with Revolution Medicines' inhibitor daraxonrasib showed a six-month progression-free survival rate of 90% in patients with pancreatic cancer, the company said Monday.Shares soared 51% as intraday trading volume catapulted to over 15.4 million from a daily average of about 3.37 million.Inno Holdings (INHD) signed a $3 million development contract with a Hong Kong-based artificial intelligence service provider to build a sales agent system for used mobile phones, it said Monday.Shares catapulted over 1,300% amid a surge in intraday trading volume to over 261 million from a daily average of roughly 1.09 million.Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported Monday, citing four people with direct knowledge of the discussions.Shares of Intel climbed 12%. Intraday trading volume stood at over 97.3 million, compared with a daily average of about 122.5 million.Price: $31.00, Change: $+10.78, Percent Change: +53.31%

$GOOG$GOOGL$INHD$INTC$NVDA$TNGX$TSM
Asia Markets

US Equity Indexes Mixed as Trump's Call to Halt Iran-Israel Strikes Yields Results, Ceasefire Remains at Risk

US equity indexes traded mixed, as technology topped sector charts after President Donald Trump's efforts to keep the Iran ceasefire intact produced results, while negotiations to reach a peace deal with Tehran remain stalled.The Nasdaq Composite jumped 1.1% to 25,991.2, with the S&P 500 up 0.5% to 7,417.3, but the Dow Jones Industrial Average slipped 0.1% to 50,817.6 in Monday's midday trading. Utilities, communication services, and materials led the decliners.Israel and Iran must immediately stop "shooting," Trump said in a Truth Social post.Israel accepted the US request to halt strikes on Iran but will continue attacks on southern Lebanon, sources told CNN. Iran has suspended its operations on Israel, but warned it would resume if strikes in southern Lebanon continue, the news report said Monday.The Israel Defense Forces said that the Israeli Air Force hit military targets in western and central Iran, according to a post on X. Meanwhile, Iran's military reportedly said it targeted two Israeli air bases in retaliation."If a US-Iran deal is not reached - presumably via concessions made by both sides - then the prospect that a new round of large-scale kinetic warfare will resume," Thierry Wizmna, a global foreign-exchange and rates strategist at Macquarie, said in a note. "According to most estimates, operational depletion [for inventories] could be reached in H2 2026."West Texas Intermediate crude oil futures rose 0.9% to $91.36, and Brent crude futures climbed 1.6% to $94.54. Earlier in the session, crude oil futures were up more than 4% each amid reports of an overnight escalation between Iran and Israel.Most US Treasury yields rose, with the 10-year up two basis points to 4.56% while the two-year was unchanged at 4.16%.In precious metals, gold futures were steady at $4,367.2, while silver futures slipped 0.4% to $68.81.In company news, Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported Monday, citing four people with direct knowledge of the discussions. Shares of Intel jumped 13%, making it one of the top gainers in the S&P 500.Cantor Fitzgerald adjusted its price target on Micron Technology's (MU) shares to $1,500 from $700 while maintaining its overweight rating. Wells Fargo adjusted its price objective for Micron to $1,220 from $550, while keeping its overweight rating on the stock. Shares of Micron were up 13%, making it one of the biggest outperformers in the S&P 500 and the Nasdaq.In economic news, consumer expectations for one-year US inflation growth was 3.5% in May, down from 3.6% in April, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation growth expectations remained unchanged at 3.1% three years ahead and 3.0% five years forward.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$INTC$MU$NVDA$TSM
Wire

Cisco, IBM to Support UK Government Push to Provide AI Training for Workers

Cisco Systems (CSCO) and IBM (IBM) are among the companies chosen by the UK government to train workers in AI skills as part of a 200 million pound ($267 million) national investment to speed adoption of the technology.The initiative will support programs that help businesses test and scale AI, the UK Department for Science, Innovation & Technology said Monday in a statement.Cisco signed a memorandum of understanding with the department to support government programs aimed at building digital and AI skills, while IBM is expanding its SkillsBuild program with new and free AI learning courses, according to the statement.As part of the initiative, the UK government also signed a joint statement with Alphabet's (GOOG, GOOGL) Google, Microsoft (MSFT), Anthropic, and OpenAI to collaborate with frontier AI labs to support "evidence-based policymaking and responsible AI development," the department said.Price: $125.29, Change: $+3.65, Percent Change: +3.00%

$CSCO$GOOG$GOOGL$IBM$MSFT
Wire

Top Midday Stories: US Weighs Financial Stakes in AI Firms; Google, Nvidia Turn to Intel as TSMC Struggles With Demand

All three major US stock indexes were up in late-morning trading Monday, after Iran's Ministry of Foreign Affairs said its military has ceased its strikes against Israel, though they could resume if Israeli operations in Lebanon continue.The US government is considering taking a financial stake in artificial intelligence companies, with President Donald Trump planning to meet with executives next week, news outlets reported late Friday, citing the president's comments aboard Air Force One.In company news, Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported Monday, citing four people with direct knowledge of the discussions. Google has placed an order for over 3 million Tensor Processing Units from Intel in 2028, the report said, citing two of the people. Nvidia hasn't placed an order with Intel, but its evaluating whether Intel technology can be used to make a processor that combines four graphics chips into a single unit, two of the people reportedly told The Information. Shares of Alphabet's Class C and Class A shares were both down 1.2% around midday. Nvidia shares were up 1%. Intel shares were up 12%, while TSM shares were up 3.5%.Eli Lilly (LLY) said Sunday that overweight or obese female patients reduced their body weight throughout all menopausal phases while using the maximum dose of its Foundayo medication in two medical trials. The first trial showed that pre-menopausal, perimenopausal and post-menopausal individuals dropped a maximum of 28 pounds, 30.4 pounds, and 28.2 pounds over 72 weeks, the company said. During the second study focusing on subjects with type 2 diabetes, patients in the same three physiological stages shed up to 23.4 pounds, 18.5 pounds, and 27.8 pounds, the company said. Separately, the company reported Saturday that additional phase 3 data showed that its investigational molecule retatrutide achieved substantial weight loss with meaningful improvements in obesity-related conditions, including knee osteoarthritis pain, moderate-to-severe obstructive sleep apnea, and type 2 diabetes. Eli Lilly shares were up 2.6%.Amazon (AMZN) said Monday it signed a multibillion-dollar deal with Corning (GLW) to supply optical fiber, cable and connectivity products for its growing US data center network. Amazon shares were down 0.1%, while Corning shares were up 6.3%.SpaceX (SPCX) has attracted about $150 billion in investor demand for its initial public offering, about twice the $75 billion it aims to raise, Reuters reported Sunday, citing people familiar with the matter.Tango Therapeutics (TNGX) said Monday that initial results from its phase 1/2 trial of vopimetostat, an investigational PRMT5 inhibitor, in combination with Revolution Medicines inhibitor daraxonrasib showed a six-month progression-free survival rate of 90% in patients with pancreatic cancer. Tango shares were up 47%.Campbell's (CPB) reported fiscal Q3 adjusted earnings Monday of $0.50 per diluted share, down from $0.73 a year earlier but above the FactSet consensus analyst estimate of $0.48. Fiscal Q3 net sales were $2.37 billion, down from $2.48 billion a year ago and below the FactSet consensus of $2.38 billion. Campbell's shares were down 1.2%.Price: $207.86, Change: $+2.76, Percent Change: +1.35%

$AMZN$CPB$GLW$GOOG$GOOGL$INTC$LLY$NVDA$TNGX$TSM
Wire

SpaceX Signs $920 Million Monthly Cloud Deal With Google

SpaceX has entered into a cloud services agreement with Alphabet's (GOOGL) Google, providing access to about 110,000 NVIDIA GPUs along with CPUs, memory and related components, the company said Friday.Under the agreement, Google will pay SpaceX $920 million per month from October 2026 through June 2029, with capacity ramping up through September at a reduced fee, SpaceX said.If SpaceX fails to deliver the committed GPU capacity by September 30, Google may terminate the agreement or accept a reduced allocation at a proportionally lower fee following a one-month grace period, the company said, adding that after December 31, 2026, either party may exit the deal with 90 days' notice.Price: $364.77, Change: $-7.42, Percent Change: -1.99%

$GOOGL$SPCX
Wire

Market Chatter: Meta Weighing Tens of Billions in Stock Offering to Fund AI Ambitions

Meta Platforms (META) is mulling raising tens of billions of dollars through a share sale to fund surging artificial intelligence capital expenditure, which could reach $145 billion this year and climb further in 2027, the Financial Times reported Friday, citing three people familiar with the matter.Meta Chief Financial Officer Susan Li and President Dina Powell McCormick are leading the talks, which intensified following Alphabet's (GOOGL, GOOG) $85 billion equity raise this week, the report said.Meta has not yet hired banks and may ultimately not proceed with a stock sale, with one person cautioning it was "premature" to say a decision had been made, according to the report.A Meta spokesperson called the stock offering talks "pure speculation," the report added.Meta 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: $594.19, Change: $-33.38, Percent Change: -5.32%

$GOOG$GOOGL$META
Wire

Palantir Technologies Expanding AI Use Cases Strengthen Competitive Position, Wedbush Says

Palantir Technologies (PLTR) is on a "golden path" in the artificial intelligence revolution as expanding use cases and deeper customer engagement strengthen the company's "stickiness moat," Wedbush said in a report Friday, following the company's 10th AIPCon customer conference this week.Growing adoption of Palantir's Artificial Intelligence Platform across "mission-critical industries" is helping organizations improve efficiency and decision-making by "synthesizing vast amounts of data," according to the report. A key differentiator is the company's use of Forward Deployed Engineers, who work directly with customers to build and refine applications in real time, the report said.During the event, Palantir announced several partnership expansions, including a "multi-tiered partnership" with Alphabet's (GOOG, GOOGL) Google Cloud that will integrate Palantir's software with Google Cloud services and Gemini AI models. The company also highlighted an "enterprise expansion" with insurer GNP Seguros and a multi-year partnership with construction firm McCarthy, according to the report.Wedbush maintained an outperform rating on Palantir with a price target of $230.Price: $139.16, Change: $-2.54, Percent Change: -1.79%

$GOOG$GOOGL$PLTR
Wire

New Street Adjusts Price Target on Alphabet to $455 From $450, Maintains Buy Rating

Alphabet (GOOGL, GOOG) has an average rating of buy and mean price target of $433.24, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $369.91, Change: $-2.28, Percent Change: -0.61%

$GOOG$GOOGL
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) easing 0.2%. The Philadelphia Semiconductor index fell 1.7%.In sector news, Tesla (TSLA) Chief Executive Elon Musk is set to become the world's first trillionaire following the IPO of SpaceX (SPCX), CNBC reported. Musk's stake in the rocket and satellite communications firm is worth $866.5 billion on paper, CNBC reported, citing the company's prospectus.In corporate news, CrowdStrike (CRWD) reported strong fiscal Q1 results amid accelerating demand for AI, but questions around the company's performance sustainability remain, BofA Securities said. CrowdStrike shares were down 4%.Broadcom (AVGO) shares fell past 11% after it reported fiscal Q2 results late Wednesday. The company's fiscal Q3 AI revenue outlook likely fell short of investor expectations, while Q2 results were slightly ahead of consensus, RBC said in a note.Alphabet (GOOGL) said Thursday Google and Intersect plan to build the Meitner Energy Center, which includes a new data center co-located with more than a gigawatt of wind, solar, and battery storage systems in Gray and Roberts Counties, Texas. Alphabet shares rose 3.7%.Meta Platforms' (META) Instagram is rolling out Instagram Plus globally, a new optional subscription tier offering exclusive features for users who want more control and customization. Separately, Meta is considering charging as much as $200 a month for a premium tier of its planned AI agent product, currently known as Hatch, The Information reported. Meta shares increased 0.2%.

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Wire

Alphabet Plans Texas Data Center With Power Infrastructure

Alphabet (GOOG, GOOGL) said Thursday that Google and Intersect plan to build the Meitner Energy Center, which includes a new data center co-located with more than a gigawatt of wind, solar, and battery storage systems in Gray and Roberts Counties, Texas.The data center will join Google's global network that powers services such as Search, Gmail, Maps, and Cloud.Google and Intersect said they will work to ensure that infrastructure costs are not passed on to local families, though the project requires substantial new energy and data center investment in the region.Shares of Alphabet rose 3.9% in Thursday trading.Price: $369.48, Change: $+13.80, Percent Change: +3.88%

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