Alphabet Pullback Presents Buying Opportunity, Jpmorgan Says

Dow Jones

Jul 23

1140 ET - Alphabet's stock is falling, down 7.5%, after the Google parent raised its capital expenditure outlook for the year and said it expects spending to remain elevated next year as well. JPMorgan analysts would buy the dip, they say. While the higher CapEx guide is significant, the company continues to show returns on artificial-intelligence spending, the analysts say, reporting growth across both cloud and search during the recent quarter. The company is also better monetizing its cloud, search and subscription businesses, as well as other parts of the business, they add. JPMorgan maintains its overweight rating, but lowers its price target to $420 from $460. (connor.hart@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 11:40 ET (15:40 GMT)

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JPMorgan analysts would buy the dip, they say. While the higher CapEx guide is significant, the company continues to show returns on artificial-intelligence spending, the analysts say, reporting growth across both cloud and search during the recent quarter. The company is also better monetizing its cloud, search and subscription businesses, as well as other parts of the business, they add. JPMorgan maintains its overweight rating, but lowers its price target to $420 from $460. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 11:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet Pullback Presents Buying Opportunity, Jpmorgan Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet Pullback Presents Buying Opportunity, Jpmorgan Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 23:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1140 ET - Alphabet's stock is falling, down 7.5%, after the Google parent raised its capital expenditure outlook for the year and said it expects spending to remain elevated next year as well. JPMorgan analysts would buy the dip, they say. While the higher CapEx guide is significant, the company continues to show returns on artificial-intelligence spending, the analysts say, reporting growth across both cloud and search during the recent quarter. The company is also better monetizing its cloud, search and subscription businesses, as well as other parts of the business, they add. JPMorgan maintains its overweight rating, but lowers its price target to $420 from $460. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 11:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BULZ","symbol_name":"MicroSectors FANG & Innovation 3X Leveraged ETN","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653212877","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653212877","pubTimestamp":1784821200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1140 ET - Alphabet's stock is falling, down 7.5%, after the Google parent raised its capital expenditure outlook for the year and said it expects spending to remain elevated next year as well. JPMorgan analysts would buy the dip, they say. While the higher CapEx guide is significant, the company continues to show returns on artificial-intelligence spending, the analysts say, reporting growth across both cloud and search during the recent quarter. The company is also better monetizing its cloud, search and subscription businesses, as well as other parts of the business, they add. JPMorgan maintains its overweight rating, but lowers its price target to $420 from $460.  Dow Jones NewswiresJuly 23, 2026 11:40 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BULZ":"MicroSectors FANG & Innovation 3X Leveraged ETN","AAPL":"苹果","MSFT":"微软","NVDA":"英伟达","AMZN":"亚马逊","TSLA":"特斯拉","YMAG":"YieldMax Magnificent 7 Fund of Option Income ETF","MAGY":"Roundhill Magnificent Seven Covered Call ETF","RAUS":"RACWI US ETF","META":"Meta Platforms, Inc."},"translate_title":"摩根大通表示，Alphabet回调带来买入机会","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/9e9a6361b650daed49e8d99f5bab3c8c","symbols_score_info":{"BULZ":1.5,"AAPL":0.6,"RAUS":1.5,"TSLA":0.6,"YMAG":1.5,"MAGY":1.5,"MSFT":0.6,"NVDA":0.6,"META":0.6,"AMZN":0.6},"content_text":"1140 ET - Alphabet's stock is falling, down 7.5%, after the Google parent raised its capital expenditure outlook for the year and said it expects spending to remain elevated next year as well. JPMorgan analysts would buy the dip, they say. While the higher CapEx guide is significant, the company continues to show returns on artificial-intelligence spending, the analysts say, reporting growth across both cloud and search during the recent quarter. The company is also better monetizing its cloud, search and subscription businesses, as well as other parts of the business, they add. JPMorgan maintains its overweight rating, but lowers its price target to $420 from $460. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2026 11:40 ET (15:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}