Major U.S. equities indexes were mixed and little changed at midday Monday ahead of a slew of earnings reports from big retailers and tech companies expected later this week. The S&P 500 and Nasdaq were slightly higher, while the Dow edged lower.
Alphabet (GOOGL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
GOOGL's surging AI-driven search and cloud momentum fuels standout gains and supports its premium valuation.
Warren Buffett will be officially stepping down as Berkshire Hathaway's (NYSE:BRK-B) CEO in a little over a month.
Shares of Google parent Alphabet (GOOG, GOOGL) surged Monday after Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) revealed a new stake in the tech giant.
The shares of Alphabet Inc (NASDAQ: GOOGL) are trading up 5.1% at $290.37 at last check, moving higher after Warren Buffett's Berkshire Hathaway (BRK.A) said it bought 17.85 million shares -- valued at $4.93 billion -- from the Google parent during the third quarter.
Nasdaq and S&P500 trade flat as Alphabet rallies and Nvidia slips ahead of earnings. Traders eye jobs data for insight into Fed policy and US indices forecast.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Celero Communications, a U.S. startup founded by networking industry veterans, on Monday said it has raised $140 million to build a chip that will help link artificial intelligence data centers across vast distances.
Berkshire's surprise Alphabet buy sparks buzz. Is GOOGL the new Mag-7 favorite?
Despite the stellar rally in 2025, Alphabet's valuation remains lower than many of its AI-driven megacap peers.
Alphabet Inc (NASDAQ:GOOG) shares are up 3.3% ahead of the bell after Warren Buffett finally made the move that appears to go against his investment credo and may help soothe fears (albeit fleetingly) that the AI bubble is about to pop. Berkshire Hathaway has unveiled a new stake worth about US$4.3 billion, a rare tech foray for a firm better known for its banks, insurers and industrials.