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The Latest Breaking News from Alphabet

Why has Wall Street fallen out of love with the 'Magnificent Seven'?

Big Tech's mega-cap leaders suffered their worst month in years this June as investors fled the AI-spending trade and capital quietly rotates elsewhere.

Euronews

EU top court rejects Google's appeal against record €4.1 billion antitrust fine

The European Court of Justice on Thursday dismissed Google's appeal against a record fine imposed by EU antitrust regulators eight years ago for using its Android operating system to block rivals, in a ruling likely to boost Europe's crackdown on Big Tech.

France 24

Buffett Successor Bet Big on Alphabet, Delta and Macy’s: Are the Moves Paying Off?

Greg Abel took over the CEO role of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) from legendary investor Warren Buffett at the end of 2025. In his first quarter in charge, Abel made several notable changes to the company’s investment portfolio, with some new stock additions. Here’s a look at how those moves…

Benzinga

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EXCLUSIVE: Market Expert Jay Woods Picks Top 2 Magnificent Seven Stocks For Rest of 2026, 2027

Prior to the start of 2026, Freedom Capital Markets Chief Market Strategist Jay Woods named Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) as his favorite Magnificent Seven stocks for the year.

Benzinga

Rocky week for AI as shares slump but no sign of crash – yet

The markets are souring on artificial intelligence, but is this the bubble being burst? Meanwhile, California proposes a tax on billionaires

The Guardian - US

What You Need To Know Ahead of Alphabet’s Earnings Release

Alphabet is all set to release its fiscal 2026 Q2 earnings, and analysts predict its bottom line to rise in the low double digits.

Barchart

Alphabet Makes Debut As Dow Jones Index Member, Pushing It To a New Record

The broader S&P 500 climbed 1.18% to close at 7,440.43, while the tech-heavy Nasdaq Composite outperformed with a 2.07% gain, ending the session at 25,820.14.

International Business Times

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US Stock Market: Economic resilience collides with expensive valuations on Wall Street

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of lofty valuations, especially in the AI sector, as tech giants increasingly rely on debt for expansion. While chipmakers surge, the 'Magnificent Seven' face headwinds, creating market volatility despite…

The Economic Times

Dow Jones hits record above 52,000 as Alphabet debuts in index, S&P 500 climbs and Nasdaq jumps over 2% as tech stocks lead Wall Street rally - here's how US stock market performed today (June 29)

S&P 500, Dow Jones and Nasdaq today June 29: The US stock market started the shortened trading week with solid gains as the Dow Jones closed above 52,000 for the first time. The S&P 500 and Nasdaq also advanced, supported by strong technology stocks led by Alphabet and semiconductor companies.

The Economic Times

US stocks today: US stocks end higher as Iran tensions ease; major tech-related shares jump

US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, with Nasdaq rising over 2%. Investors also focused on upcoming earnings season, while Comcast, SpaceX and Alphabet added momentum to the broader market rally.

The Economic Times

A Strong U.S. Economy May No Longer Be Enough to Lift Stocks as AI Spending Reshapes Wall Street

The U.S. economy continues to show surprising resilience, but investors are increasingly discovering that strong economic fundamentals are no longer translating into higher stock prices.

International Business Times

Google parent Alphabet debuts in Dow Jones index in tech tilt

Google parent Alphabet's shares entered the Dow Jones Industrial Average on Monday, in an index reshuffle replacing Verizon Communications, signalling a tech shift in the blue chip benchmark.

The Economic Times

Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech

Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. The ‌company replaced ⁠Verizon ⁠on the index, S&P Dow Jones Indices said in an announcement on June 23.

The Economic Times

JPMorgan Stands by Sky-High Broadcom Target as Shares Slide

Broadcom shares are feeling the heat after its latest earnings report, but one of Wall Street's top banks sees the stock moving $100 above past highs.

MarketBeat

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The Economic Times

Tech equity sales renew AI debt-binge worries

Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital expenditure, particularly for AI infrastructure. Investors are wary, as recent bond performance indicates concerns about future debt burdens and the sustainability of these massive investments…

MarketBeat

Why Alphabet’s Pullback May Be an Opportunity in Disguise

GOOGL has pulled back 15% from its all-time high of $408.61, but strong Google Cloud growth, a forward P/E of 24, and Dow inclusion on June 29 support the bull case.

The Economic Times

Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants

Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the…

Barchart

Alphabet Stock Falls Below Berkshire’s Buying Price, but GOOG Is Not a Screaming Buy Yet

Alphabet shares have fallen below the price levels at which Berkshire Hathaway bought them in the private placement earlier this month. The stock is not a screaming buy yet, though.

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Fortune

Big Short legend Steve Eisman says everyone is buying the wrong AI stocks

Eisman famously called the housing bubble. Now he sees investors miscalculating the AI trade.

Kiplinger

Google Parent Alphabet Is Joining the Dow. Time to Buy?

The tech giant replaces Verizon — and increases the Mag 7's presence in the blue-chip barometer.

International Business Times UK

Trump Administration Slammed For Letting Google and Meta CEOs Skip Senate Child Safety Hearing

The Trump administration is criticised for helping Meta and Google CEOs avoid a Senate hearing on child safety, allowing lower-ranking executives to testify instead, raising accountability concerns

The Economic Times

Mind Games: Talent wars heat up as AI startups take on Big Tech

A fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and Anthropic. This exodus has impacted Google's market value, highlighting the intense competition for top AI minds. Prominent figures, including co-authors of groundbreaking AI papers, are switching allegiances,…

The Independent UK

The great AI sell off - a pause for thought, or a panic?

Rockets and robots: the rise of financial fabulism

The Independent UK

Rebound in tech shares pushes Asian shares higher, while oil prices fall

Shares are mostly higher in Asia, led by tech-driven gains in Japan and South Korea

The Economic Times

Google poised to lose two more senior AI staffers to Anthropic

Their moves rattled investors and cast new doubt on Google’s ability to compete in the fierce race to build better models.Shares of Alphabet closed down slightly after falling as much as 1.2% during the trading day Wednesday.

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