Key Stock Updates for Alphabet, Exxon Mobil, and AbbVie
Research Reports on Major Stocks: Zacks Research Daily highlights new reports on 16 major stocks, including Alphabet Inc., Exxon Mobil Corp., and AbbVie Inc., showcasing their performance and market outlook.
Alphabet's Growth: Alphabet's shares have increased by 5.5% this year, driven by strong growth in Google Cloud and search capabilities, despite facing litigation issues and competition.
Exxon Mobil's Developments: Exxon Mobil's shares rose by 3.7%, supported by key oil projects and a merger with Pioneer, while also expanding into cleaner energy, though it faces challenges in its Chemicals Division.
AbbVie's Performance: AbbVie has outperformed the pharmaceutical industry with a 21% increase in shares, successfully launching new immunology medicines to offset the impact of Humira's loss of exclusivity, but faces near-term challenges.
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- Land Acquisition: St George Mining has entered into a binding agreement to acquire 166 hectares of industrial land for 14 million Brazilian reais (approximately A$3.8 million), laying the groundwork for its niobium-rare earths project in Brazil.
- Resource Potential Unlocking: The new land will allow the company to establish processing facilities outside the mining tenure, preventing sterilization of the orebody, which is expected to facilitate parallel advancements in resource upgrades and exploration efforts.
- Environmental Protection Measures: The company also acquired a separate 163-hectare conservation area aimed at offsetting environmental impacts and supporting operational licensing requirements, demonstrating its commitment to sustainable practices.
- Positive Market Outlook: With global niobium demand projected to grow at 6% annually, St George Mining is positioning itself to enter a tightly concentrated and strategically significant market, especially as the U.S. identifies niobium as a critical mineral.
AI Impact Summit in New Delhi: Top tech executives will convene in New Delhi, India, for an AI Impact Summit starting Monday.
Previous Summits: This event follows government-led summits on artificial intelligence that have taken place in the U.K., South Korea, and France.
- End of Traditional Software: Mark Cuban warns on a podcast that the era of static software is ending, as businesses will need to adapt to software limitations, with future solutions being customized to specific business needs in real-time.
- Rise of Implementation Opportunities: While traditional SaaS faces threats, Cuban sees a significant opportunity in providing AI implementation solutions for 33 million small-to-medium-sized businesses, urging students to focus on applying AI in companies rather than just creating new models.
- New Career Prospects: By bridging complex data with real-world problems, young professionals can modernize business economics faster than ever, with Cuban asserting this will be the primary job market for graduates.
- Shift Among Industry Giants: Cuban notes that even industry leaders like Microsoft are recognizing the importance of transitioning to unique usage, indicating a growing demand for personalized solutions in the market.
- Spending Overview: The five largest hyperscalers, including Amazon, Alphabet, Microsoft, Meta, and Oracle, are projected to budget over $700 billion by 2026, reflecting a strong demand for building AI data centers and driving growth in related sectors.
- Capital Expenditure Growth: Amazon plans to spend $200 billion in 2026, a 56% increase from $128.3 billion in 2025; Alphabet's spending is expected to reach $180 billion, with a staggering 97% year-over-year growth, significantly enhancing its market competitiveness.
- Surge in Chip Demand: These five companies are set to spend over $450 billion on GPUs, CPUs, and other AI accelerator chips in 2026, creating substantial market opportunities for chipmakers, particularly for leading firms like Taiwan Semiconductor Manufacturing Company (TSMC).
- Long-Term Growth Outlook: TSMC has raised its annual revenue growth forecast for 2024-2029 from 20% to 25%, and with the rapid increase in AI chip demand, the potential for gross margin and profit growth in the coming years is substantial, making it a valuable investment despite its stock reaching all-time highs.
- Momentum Surge: The company's momentum score increased from 89.27 to 92.92, placing it in the top 10% of all stocks tracked by Benzinga Edge, indicating strong price strength and volatility, which enhances market confidence in its future performance.
- Economic Growth Boost: Taiwan's economy experienced a 70% surge in exports in January, the fastest pace in 16 years, driven almost entirely by AI hardware, further solidifying TSM's market position and profitability.
- Bullish Wall Street Outlook: DA Davidson recently initiated coverage on TSM with a Buy rating and a $450 price target, suggesting significant upside from current levels, reflecting strong market confidence in its future growth.
- Strong Financial Performance: TSM's stock has risen 14.63% year-to-date, while the Nasdaq 100 was down 1.88% during the same period, demonstrating its robust performance amid increased Big Tech spending, further solidifying its leadership in the high-end node market.
- Cloud Growth: Google Cloud achieved a remarkable 48% year-over-year growth in Q4, showcasing its strong performance in the cloud computing market and solidifying its position as a top choice, which is expected to attract more new business and drive future revenue growth.
- AWS Recovery: Amazon Web Services (AWS) reported a 24% revenue growth rate in Q4, marking the fastest pace in 13 quarters, indicating a rising demand for generative AI workloads and enhancing its competitive edge in the market.
- Surge in Capital Expenditures: Google anticipates capital expenditures of $175 billion to $185 billion by 2026, while Amazon expects $200 billion, reflecting both companies' commitment to future AI infrastructure despite market concerns about an AI bubble.
- Valuation Comparison: Although Amazon's valuation is relatively lower, both companies are at the top of their respective industries, with projected revenue growth rates for the next 12 months showing Google at 16%, slightly ahead of Amazon's 12%, giving Google a slight edge in investment attractiveness.










