Alphabet's stock has lagged the S&P 500 Index over the past year. Nonetheless, analysts are very optimistic about the company's future growth.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
GOOGLWall StreetvaluationS&P 500
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 10/30/2026 | 279.76 |
| Change that session | -1.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Why Did the US Stock Market Crash? $2 Trillion Wiped Out
US stocks plunged, wiping out $2 trillion. The article asks why markets crashed, whether the AI bubble is bursting, and whether Wall Street could face further losses.
- Alphabet, Marvell, ServiceNow, Microsoft, Fortinet, Caterpillar, and More Stocks That Explain Today’s Market
Alphabet stock fell after the company reported earnings that missed estimates. It is one of several stocks cited in the headline as explaining today's market moves.
- Stock Market Today (Oct. 29, 2026): S&P 500 falls on Alphabet earnings miss
Alphabet and Microsoft present competing views on investment in AI.
- Wall Street's favorite stocks are in their worst slump since 2010: Chart of the Day
Piper Sandler's data shows S&P 500 stocks with the largest share of analyst Buy ratings have trailed those with the smallest share for most of 2026, a year-over-year gap that is the third-worst in its data back to 1995, behind only 2001–02 and 2010. This week Alphabet had its worst month in history, Intel its worst day since 1974, and the Nasdaq its biggest daily drop since June, as Big Tech results revived worries about AI spending. Six of Piper's nine favored names are down this year, the exceptions being Nvidia, Arista Networks and Comfort Systems, while nearly all of the least-loved stocks are up. Because most investors own these favorites through index funds or 401(k)s, the slump affects many portfolios, and the article adds that when analyst enthusiasm is already priced in, disappointments sting more. Piper's favorites had been up nearly 18% on average in spring before the AI trade began to unwind.
- If I Could Only Buy 1 Artificial Intelligence (AI) Stock Before the Market Crashes, It Would Be This One
The author warns that the S&P 500 Shiller CAPE ratio, above 41, is extremely elevated, and says investors should favor companies with durable advantages before a downturn. Alphabet is highlighted for products embedded in everyday life, a diversified mix of advertising and Google Cloud, and vertical integration including custom TPU chips. In the second quarter, Alphabet reported revenue of $119.8 billion, up 24%, Google Cloud revenue up 82% to $24.8 billion, operating cash flow of $39.1 billion and $242.5 billion in cash and marketable securities. The article notes Alphabet fell 55% in 2008, about 31% in the COVID-19 crash and about 39% in 2022, and the author suggests buying gradually during dips and holding long term.
- Warren Buffett Warned About Stock Valuations. So Why Is Berkshire Still Buying Stocks?
In an early-May CNBC interview, Warren Buffett answered “Yeah” when asked whether stock prices were too high, saying many things would look very silly. From May 1 (7,230.12) to Oct. 15 (7,744.06), the S&P 500 rose 7%. Even so, Berkshire Hathaway became a net buyer of stocks in Q2 for the first time in three and a half years, buying about $23.5 billion while selling about $3.7 billion, and it bought back $4.5 billion of its own stock. It also invested in Alphabet, now nearly 13% of its equity portfolio, and in the recent IPO of Bending Spoons, with $600 million in July and $330 million in a private placement this month. The article notes Bending Spoons trades at 29 times forward earnings and will carry significant debt, so it is not a bargain in the traditional sense.
Related markets
Latest news
- US Plans Unexpected Economic Boost for Russia: Europe Immediately Objects
The US is pushing to quickly restart the sale of Russian gas to Europe through the pipeline crossing Ukraine, possibly via a US intermediary, with the proceeds placed in an escrow account in a third country so Moscow cannot use them to fund the war. Washington sees this as a lever to persuade President Vladimir Putin to accept a ceasefire on energy infrastructure, and Kyiv could earn significant transit fees. However, the EU must fully end Russian gas purchases by the end of 2027, and many European leaders have said they do not want to depend on Moscow again. Before the war Russia supplied about 45% of Europe's gas, now only about 11%, while US LNG covers about 30% of demand; the Iran conflict has pushed Europe's energy spending up by about 100 billion euros (112 billion USD), and storage is about 75% full. Moscow has not yet accepted the US-backed energy-strike ceasefire effort.
- Is Australia selling its ANZAC frigate shipyard to China?
The Williamstown shipyard, the last in Victoria able to build and maintain large naval vessels and located near Port of Melbourne, is being sold to EMKC, a property fund manager partly owned by Hong Kong's EMKC Group. A company representative confirmed the purchase contract has been signed, with the value undisclosed, though the site had been listed in 2024 at an estimated AUD 200 million. The deal has raised national security concerns, as the article notes that China's national security and foreign relations law could draw interest from its intelligence agencies, and it is unclear whether the Hong Kong company holds a majority stake. The yard built all 10 ANZAC-class frigates, but most staff were laid off after its last ship was completed in 2016. The sale comes as Australia replaces ANZAC frigates with Japan's New FFM design.
- Asia stocks rise as tech gains ahead of Apple results
Most Asian stocks rose on Monday, led by technology shares, as easing oil prices supported risk appetite while investors awaited Apple's quarterly results amid concerns over heavy AI infrastructure spending. South Korea's KOSPI jumped 2.6%, with SK Hynix up 4% and Samsung Electronics up 1.5%, while Japan's Nikkei 225 pared early losses to gain 0.4%. Intel's nearly 29% plunge on Friday after a disappointing profit outlook had raised concerns about semiconductor and other AI-related earnings. Brent crude fell 2% to $111.15 a barrel and U.S. crude dropped 2.3% to $101.73 as diplomatic efforts to end the U.S.-Israeli war on Iran continued. Australia's S&P/ASX 200 bucked the trend with a 0.5% fall ahead of a Reserve Bank of Australia decision on Tuesday, where a 25 basis point hike to 4.85% is widely expected, its fifth increase this year, after inflation accelerated to 4.3% in September.
- Can SpaceX Overcome the AI Trade Sell-Off?
AI stocks have sold off as investors demand proof that huge AI infrastructure spending will pay off, with results so far mixed. SpaceX's AI sales surged 830% to $7.6 billion in the third quarter, accounting for 52% of total revenue, but capex jumped 185% to $19.6 billion, with 83% allocated to AI. Its Starlink business grew 69% to $5.2 billion, and the company expects capex of up to $40 billion this year. The stock is down about 5% from its $150 opening price and remains below its IPO price, while Alphabet fell about 10% after capex of $51.3 billion and missed sales and earnings estimates. The author considers that investor skepticism about capex could weigh on SpaceX's shares for a while.
- Market Pulse 02/11: Banks Plunge Sharply, VIC and VHM Slow VN-Index's Fall
VN-Index traded around 1,727.06 points, down over 12 points from the reference and 3.17 points from the 9:30 level, as breadth on HOSE tilted sharply toward declines with 241 decliners versus 48 advancers. Matched liquidity reached about 3,871 billion VND, roughly four times the level at 9:30. Banks led liquidity with over 1,266 billion VND as prices fell broadly, with VCB, TCB and ACB down between 2.13% and 3.10%. Investors were cautious about the risk of narrowing banks' net interest margins (NIM), while the real estate group drew about 655 billion VND, with VIC and VHM rising modestly and helping cushion the index. Foreign investors net sold over 326 billion VND, up from over 63 billion VND at 9:30, with selling concentrated in ACB, FPT, VPB and VCB.
- Gold and silver prices today, November 2: Phu Quy, SJC, Bao Tin Manh Hai all update new prices
Domestic gold and silver prices edged up on the morning of November 2, 2026, after a steep decline at the end of October. SJC gold bars at Phu Quy, SJC and Bao Tin Manh Hai were quoted at 135.5–137 million VND per tael to buy and 140 million VND to sell, with Bao Tin Manh Hai's SJC price up 0.1 million VND from the previous session. The SJC sell price is still 4.8 million VND below the October peak of 144.8 million VND. Internationally, spot gold rose to 3,907.35 USD per ounce, and the article cites safe-haven demand and bottom-fishing buying as support near 3,900 USD per ounce. Phu Quy 999 silver bars (1 tael) were quoted at 1.587 million VND to buy and 1.636 million VND to sell.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.