Latest news with #GilLuria
The Hindu
4 hours ago
- Business
- The Hindu
Alphabet will seek to reassure investors as AI rivals step up competition
Alphabet, faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses. Rivals of the Google parent, including AI startups such as OpenAI and Perplexity, have attracted tens of millions of users to their platforms. They are looking to break Google Chrome's dominance with their own browsers, even as a U.S. court weighs breaking up the tech company with remedies that may include a forced Chrome sale. To maintain its grip, Alphabet has rolled out tools such as AI Overviews, which show AI-generated summaries on top of traditional links that have drawn 1.5 billion users per month, and made more Gemini models available to enterprise users. The integration of AI into Google search is key to its advertising appeal, as it offers advertisers the ability to run more effective campaigns and get bigger returns on their dollars. In March, Google added a new AI-only mode to its search. Alphabet, scheduled to report second-quarter results on Wednesday, has also staged a coup, securing rival OpenAI as a customer for its cloud business. "AI targeting advantages and increasing ad loads in AI Overviews could drive ad performance above traditional search," BofA Global Research analysts said. THE CONTEXT Wall Street has been looking for returns from Big Tech's AI spending spree that is expected to total $320 billion this year. Google reassured investors in late April with better-than-expected first-quarter earnings that were powered by AI demand. But OpenAI and Perplexity's launch of their own browsers has intensified pressure on Google's search business, which was already under strain from AI chatbots pulling away queries. "As those (AI) companies deploy their browsers, that'll take more searches away from Google. But the bigger threat will be when those companies have enough of a user base that they start selling advertising," said D.A. Davidson analyst Gil Luria. "It's only when Google loses advertisers that the revenue is going to be impacted." Also, Alphabet's Waymo, the early U.S. leader in autonomous cabs and often overlooked during earnings, is likely to draw more attention as Elon Musk's Tesla rolls out a test fleet in Austin, Texas. THE FUNDAMENTALS ** Alphabet is expected to report a near 11% jump in total revenue for the second quarter, per LSEG data. ** Analysts expect a 7.5% rise in advertising revenue and a 26.2% jump in its cloud computing segment. ** Per-share earnings are expected to be around $2.18, excluding one-off items. WALL STREET SENTIMENT ** Alphabet shares are largely flat so far this year. ** Stock is among the laggards in the "Magnificent Seven" group of megacap stocks, with Nvidia leading the range with a 28% jump and Tesla at the bottom with a 19% decline. ** Alphabet is rated "buy" on average among 55 brokerages, with a median price target of $203.84.
Time of India
17 hours ago
- Business
- Time of India
Alphabet will seek to reassure investors as AI rivals step up competition
Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses. Rivals of the Google parent, including AI startups such as OpenAI and Perplexity , have attracted tens of millions of users to their platforms. They are looking to break Google Chrome's dominance with their own browsers, even as a U.S. court weighs breaking up the tech company with remedies that may include a forced Chrome sale. To maintain its grip, Alphabet has rolled out tools such as AI Overviews , which show AI-generated summaries on top of traditional links that have drawn 1.5 billion users per month, and made more Gemini models available to enterprise users. The integration of AI into Google search is key to its advertising appeal, as it offers advertisers the ability to run more effective campaigns and get bigger returns on their dollars. In March, Google added a new AI-only mode to its search. Alphabet, scheduled to report second-quarter results on Wednesday, has also staged a coup, securing rival OpenAI as a customer for its cloud business. "AI targeting advantages and increasing ad loads in AI Overviews could drive ad performance above traditional search," BofA Global Research analysts said. The context Wall Street has been looking for returns from Big Tech's AI spending spree that is expected to total $320 billion this year. Google reassured investors in late April with better-than-expected first-quarter earnings that were powered by AI demand. But OpenAI and Perplexity's launch of their own browsers has intensified pressure on Google's search business, which was already under strain from AI chatbots pulling away queries. "As those (AI) companies deploy their browsers, that'll take more searches away from Google. But the bigger threat will be when those companies have enough of a user base that they start selling advertising," said D.A. Davidson analyst Gil Luria. "It's only when Google loses advertisers that the revenue is going to be impacted." Also, Alphabet's Waymo , the early U.S. leader in autonomous cabs and often overlooked during earnings, is likely to draw more attention as Elon Musk's Tesla rolls out a test fleet in Austin, Texas. The fundamentals Alphabet is expected to report a near 11% jump in total revenue for the second quarter, per LSEG expect a 7.5% rise in advertising revenue and a 26.2% jump in its cloud computing earnings are expected to be around $2.18, excluding one-off items. Wall Street sentiment Alphabet shares are largely flat so far this is among the laggards in the "Magnificent Seven" group of megacap stocks, with Nvidia leading the range with a 28% jump and Tesla at the bottom with a 19% is rated "buy" on average among 55 brokerages, with a median price target of $203.84.
The Star
21 hours ago
- Business
- The Star
Alphabet will seek to reassure investors as AI rivals step up competition
FILE PHOTO: Alphabet logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File photo (Reuters) -Alphabet, faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses. Rivals of the Google parent, including AI startups such as OpenAI and Perplexity, have attracted tens of millions of users to their platforms. They are looking to break Google Chrome's dominance with their own browsers, even as a U.S. court weighs breaking up the tech company with remedies that may include a forced Chrome sale. To maintain its grip, Alphabet has rolled out tools such as AI Overviews, which show AI-generated summaries on top of traditional links that have drawn 1.5 billion users per month, and made more Gemini models available to enterprise users. The integration of AI into Google search is key to its advertising appeal, as it offers advertisers the ability to run more effective campaigns and get bigger returns on their dollars. In March, Google added a new AI-only mode to its search. Alphabet, scheduled to report second-quarter results on Wednesday, has also staged a coup, securing rival OpenAI as a customer for its cloud business. "AI targeting advantages and increasing ad loads in AI Overviews could drive ad performance above traditional search," BofA Global Research analysts said. THE CONTEXT Wall Street has been looking for returns from Big Tech's AI spending spree that is expected to total $320 billion this year. Google reassured investors in late April with better-than-expected first-quarter earnings that were powered by AI demand. But OpenAI and Perplexity's launch of their own browsers has intensified pressure on Google's search business, which was already under strain from AI chatbots pulling away queries. "As those (AI) companies deploy their browsers, that'll take more searches away from Google. But the bigger threat will be when those companies have enough of a user base that they start selling advertising," said D.A. Davidson analyst Gil Luria. "It's only when Google loses advertisers that the revenue is going to be impacted." Also, Alphabet's Waymo, the early U.S. leader in autonomous cabs and often overlooked during earnings, is likely to draw more attention as Elon Musk's Tesla rolls out a test fleet in Austin, Texas. THE FUNDAMENTALS ** Alphabet is expected to report a near 11% jump in total revenue for the second quarter, per LSEG data. ** Analysts expect a 7.5% rise in advertising revenue and a 26.2% jump in its cloud computing segment. ** Per-share earnings are expected to be around $2.18, excluding one-off items. WALL STREET SENTIMENT ** Alphabet shares are largely flat so far this year. ** Stock is among the laggards in the "Magnificent Seven" group of megacap stocks, with Nvidia leading the range with a 28% jump and Tesla at the bottom with a 19% decline. ** Alphabet is rated "buy" on average among 55 brokerages, with a median price target of $203.84. (Reporting by Deborah Sophia and Zaheer Kachwala in BengaluruEditing by Rod Nickel)
CNBC
6 days ago
- Business
- CNBC
U.S.-UAE Nvidia deal hold-up is to prevent China from gaining the lead in AI: Analyst
Gil Luria from D.A. Davidson discusses the national security concerns around the report that U.S. officials are delaying a deal for the UAE's purchase of Nvidia AI chips.
Hindustan Times
13-07-2025
- Business
- Hindustan Times
Why You Shouldn't Buy an iPhone Right Now
Apple devices, like fresh produce, are seasonal. Don't buy winter citrus in the summer. Or an iPhone. The latest and greatest crop typically comes out in September, which means it's a bad time to buy an Apple gadget right now. If you can hold off for just a couple of months, better trade-in deals and price drops await. Tariffs have thrown a wrench into all kinds of purchasing decisions, but I still think it's worth the wait, even if Apple does raise prices. Like most modern gadgets, iPhones have expiration dates. The newer the model, the longer you'll be able to get software updates. Apple never says much publicly about coming products, but The Wall Street Journal has reported that a slimmer iPhone model is on the horizon. And updates are due for the Apple Watch, AirTags and other accessories. Now, this year's Big Question: What about tariffs? The situation is constantly changing. Smartphones and other tech products were initially exempt, but President Trump threatened new fees for gadget imports in May and then said Apple needed to make a U.S. iPhone. So far, Apple has absorbed additional costs, but the Journal reported that the company is considering a price increase for its fall lineup. Prices for the standard iPhone and iPhone Pro models have remained $799 and $999, respectively, since at least 2020. The most significant update to this year's Apple gadgets may be to the price tag. So, what do we expect from the next iPhone? And the rest of Apple's lineup? Here are the devices that get my green, yellow and red light for safe summer shopping. iPhone iPhone 16 Pro A new iPhone 16? Not now. Apple's smartphone, released in September, gets a big red stop sign, since the next generation of models is imminent. I hear your groan. The past few years of iPhone updates haven't been that exciting. A 'dynamic island.' A USB-C port. One more button. This coming fall, however, we may see a different form factor, says Gil Luria, senior technology analyst at D.A. Davidson. He points to whispers of a super-thin iPhone 17 'Air' and a Pro Max with an even bigger screen. Still, 'we're talking a couple of millimeters,' Luria said. If you've been waiting for a flipping and folding iPhone, don't hold your breath. That likely won't come until next year, the Journal has reported. Before springing for a new device, first download the upcoming operating system, iOS 26, which also will land sometime this fall. An update can breathe new life—and functionality—into your old phone. Expect a fresh coat of Liquid Glass paint, improved group chats and a spam call auto-responder. It also includes some AI upgrades, but the previously announced Siri overhaul is still missing in action. Apple Watch Apple Watch Series 10 The Apple Watch, similarly, has seen only incremental improvements over the past few generations. Double tap. A slightly thinner, larger screen. Temperature. (I was actually excited about that last one.) Apple will continue to push health services in its next wearable, according to Francisco Jeronimo, vice president of data and analytics at IDC. The Journal reported that Apple is developing a wrist-based blood pressure measurement tool. The feature could debut this fall. Jeronimo also notes that the high-end Ultra model continues to sell well, but Apple needs to add features to the adventure smartwatch, such as the emergency satellite connectivity found in newer iPhones. AirTags Apple hasn't updated its popular tracker since 2021. And Ming-Chi Kuo, analyst at TF International Securities, says the company will launch a second-generation AirTag this year. The new tracker could include the longer-range second-generation Ultra Wideband chip found in newer iPhone and Apple Watch models. AirTag, Second-generation AirPods Pro AirPods Should you wait for new AirPods? Reports are mixed. The AirPods Pro, last updated three years ago, are due for a refresh. The earbuds have gotten new software tricks, such as a hearing-aid mode. In the upcoming iOS 26, you can press the AirPods stem to remotely trigger the camera. Kuo, a longtime source on Apple goings-on, says we might not see significant changes to the Pros until 2026. He predicts we won't see updates to the over-ear AirPods Max until 2027. Meanwhile Bloomberg's Mark Gurman reports that the Pro premium earbuds will see a new design and chip this year. Apple has been studying AirPods as a health device, and the company's recent Powerbeats Pro 2 earbuds include heart-rate monitoring. The fourth-generation AirPods landed last year with active noise cancellation, so you should be safe getting new regular 'Pods. iPad The basic iPad or step-up iPad Air models, which we recommend for most people, are safe to buy now. Both have new 2025 chips. The exception? A new top-of-the-line iPad Pro could be imminent. The latest Pro models are from May 2024, and a new version could get Apple's next-generation M5 chip. I, for one, am hoping for that iPad−speaker−home display combo, a la Amazon's Echo Show one day, but that's a far-off dream. 11-inch and 13-inch iPad Air, the MacBook Air (M4) Mac The popular MacBook Air is safe. It got a faster chip, improved webcam and double the RAM a few months ago. Apple updated the Mac Studio, a desktop machine aimed at pros, this year, too. The most-recent MacBook Pros, iMac, and Mac Mini releases were chip updates in October 2024. It's possible that they get M5 upgrades this fall, but it would be a minor spec bump. Write to Nicole Nguyen at Why You Shouldn't Buy an iPhone Right Now Why You Shouldn't Buy an iPhone Right Now Why You Shouldn't Buy an iPhone Right Now
