Lowe Brockenbrough & Co. Inc. increased its stake in Alphabet (GOOG) by 13.6% in the third quarter, making it their 10th largest holding. The article highlights positive factors for Alphabet such as AI and Cloud momentum, new AI shopping monetization tests, and progress in Waymo. However, it also notes near-term risks including fresh EU antitrust probes, heavy FY2026 capital expenditure, large bond issuance, and recent insider share sales.
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Alphabet Inc. $GOOG Stock Position Increased by Lowe Brockenbrough & Co. Inc.
Lowe Brockenbrough & Co. Inc. increased its stake in Alphabet (GOOG) by 13.6% in the third quarter, making it their 10th largest holding. The article highlights positive factors for Alphabet such as AI and Cloud momentum, new AI shopping monetization tests, and progress in Waymo. However, it also notes near-term risks including fresh EU antitrust probes, heavy FY2026 capital expenditure, large bond issuance, and recent insider share sales.