Alphabet (GOOGL, Buy, raising target to $235) We remain well above Str...

Our target price increases to $235 from $210 on mixed estimate changes and rolling forward our valuation to 2026.

San Francisco Robotaxis Imminent?

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

China Automobile Weekly: PV sales growth turned negative yoy, despite ...

China’s PV insurance registrations rebounded 7% wow but dipped 0.5% yoy in the 29th week of 2025. BYD is suffering online backlash for sponsoring CNMFT. The China government is mulling over measures to crack down on zero-mileage secondhand cars. GWM reported an upbeat 2Q25 net profit on exceptional gains. We raise our 2025 net profit forecast by 26% and keep core earnings estimates unchanged. Maintain MARKET WEIGHT. Top BUYs: CATL, Geely and Tuopu.

Google 2Q25: Replatforming at work - AI surging; GCP accelerates; cape...

Google reported 2Q25 yesterday.

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

Wedbush Morning Call - Jul 24 2025 7:05AM

Alphabet (GOOGL, Buy, $210 target) Supportive new AI Search disclosure...

In this first take following tonight’s results, we touch on: 1. Strong revenues and more AI disclosure breadcrumbs support valuation 2. Search accelerates to +12% growth, and lots of color on emerging growth areas 3. Cloud revenue growth hits our Street-high 32%, expect that to continue 4. 2026 capex will grow, higher 2025 guidance will likely see META and AMZN follow 5. Quick hits on YouTube, Subscriptions, Margins and AI Coding

AI Juggernaut, OP, $225 PT

Figure 1. 2Q25 ResultsSource: Company reports, Wedbush estimates, FactSet consensusAlphabet delivered strong 2Q results across all segments. Alphabet reported 2Q revenue of $96.4B (+13.8% Y/Y), with growth above Street estimates by ~290bps. Google Services Revenue of $82.5B (+11.7% Y/Y) was above c

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

Daily Views on Tech Headlines

FMS: August 5th-7th in San JoseView: The Future of Memory and Storage Conference (formerly the Flash Memory Summit) takes place in Santa Clara Aug 5th - 7th. We will be hosting in person investor meetings (centered around a full day of meetings on the 6th) both at FMS and at company HQs close to th

What is their ROIC on AI? AMZN steady, upside at GOOGL and META lags i...

We have rolled up all our bottom-up AI analyses into ROIC estimates for GOOGL, AMZN and META through 2030. Key Conclusions: There are three distinct ROI profiles. • AMZN is the only one with positive ROIC today. • GOOGL has the highest ROIC in 2030. • META lags throughout the decade.

Alphabet Inc: 1 director

A director at Alphabet Inc sold 33,566 shares at 185.760USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Daily Views on Tech Headlines

Daily Views on Tech Headlines

Wedbush Morning Call - Jul 18 2025 6:58AM

AI Revolution Is Now Spreading to the Rest of the Tech World; Golden A...

Wedbush Securities’ affiliated investment adviser, Wedbush Fund Advisers, LLC (“WFA”), may serve as the investment adviser to certain investment funds that track an index comprised exclusively of companies included in this research report. In connection with these funds, Wedbush Securities will rec

China Automobile Weekly: PV sales growth slows to 0.8% yoy. Maintain M...

China’s PV insurance registrations edged up 0.8% yoy and fell 8.8% wow in the 28th week of 2025 due to the roll-back of promotional discounts. Geely will privatise Zeekr via a US$2.4b cash or share-swap deal, creating short-term cash and dilution pressure but enabling long-term strategic synergies. The State Council is mulling measures to curb price war. We downgrade Ganfeng Lithium from BUY to HOLD on bigger-thanexpected 2Q25 loss. Maintain MARKET WEIGHT. Top BUYs: CATL, Geely and Tuopu.

Regional Morning Meeting Notes: Friday, July 18, 2025

GREATER CHINA Sector Automobile Weekly: PV sales growth slows to 0.8% yoy. Maintain MARKET WEIGHT on the sector. Top BUYs: CATL, Geely and Tuopu. Update Sun Hung Kai & Co (86 HK/BUY/HK$3.47/Target: HK$5.86) 1H25 Preview: Positive market sentiment improves asset valuations. INDONESIA Small/Mid Cap Highlights Rukun Raharja (RAJA IJ/NOT RATED/Rp2,590) Building the future o...

Lucid/Nuro Deal Highlights Uber’s Weak Hand in Autonomous