Why Alphabet (GOOGL) Stock Is Trading Up Today

Why Alphabet (GOOGL) Stock Is Trading Up Today

Shares of online advertising giant Alphabet (NASDAQ:GOOGL) jumped 2.6% in the morning session after several Wall Street analysts boosted their price targets on the company, citing optimism around artificial intelligence and a favorable economic outlook. Morgan Stanley increased its price target on the shares to $205 from $185, pointing to potential revenue acceleration driven by…

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Trump tariffs making EV exports to US ‘impossible’, Xpeng executive says

Trump tariffs making EV exports to US ‘impossible’, Xpeng executive says

Tariffs imposed by the US have made exporting to the country “impossible” for Chinese electric vehicle (EV) manufacturers, an executive at major producer Xpeng has said during his visit to Hong Kong. But Yeqing Zheng said on Thursday that the Guangzhou-based Xpeng’s enhanced efforts to tap into other markets, which involved establishing assembly operations outside…

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