GOOGL News & Events

Accenture (ACN) and Google Cloud (GOOG) announced a suite of agentic solutions to enable mid-market companies to drive technology and AI transformation. Accenture Edge will bring Accenture's global strength and leadership position with Google Cloud to a new market segment providing pre-built solutions designed for the speed and scale mid-market organizations require. The company's said, "The collaboration spans six agentic solution areas that are purpose-built for mid-market needs: Customer intelligence and growth - Customers can leverage Gemini Enterprise Agent Platform and Agentic Data Cloud to automate intelligent personalized marketing and experiences for growth with one-on-one customer insights. Customer experience - Businesses can enhance their B2B and B2C customer interaction channels with Gemini Enterprise for Customer Experience to accelerate time-to-value and improve customer satisfaction metrics. Cybersecurity - Customers can Automate their defenses at scale with AI Threat Defense, including continuous end-to-end cyber threat analysis, autonomous operations and prioritized response. Agentic and data-led business operations - Organizations can apply contextually aware agentic AI to accelerate complex tasks, gain efficiency and streamline business operations using Gemini Enterprise and Gemini Enterprise Agent Platform. Industry solutions - Customers can deploy ready-to-use agentic core industry solutions, including consumer goods, retail, banking, telecommunications and supply chain solutions with Gemini Enterprise, Gemini Enterprise Agent Platform and Agentic Data Cloud. Workforce enablement - Businesses can multiply workforce productivity and collaboration with Google Workspace natively powered by Gemini."

Cognizant (CTSH) announced a significant expansion of its partnership with Google Cloud (GOOGL). Through the expanded collaboration, which builds on the dedicated Gemini Enterprise practice announced in April, Cognizant and Google Cloud are bringing together jointly delivered solutions, a portfolio of reusable agents and certified Cognizant Frontier Certified Engineers who work directly within client environments to accelerate time to value on Gemini deployments. The work focuses on helping clients realize the value of their investments across the Google Cloud AI portfolio, including Gemini Enterprise, Gemini Enterprise for Customer Experience and Gemini Enterprise Agent Platform.

The major averages had a mixed day before the long holiday weekend, with the Dow rising to a record high as traders considered the weaker-than-expected U.S. nonfarm payrolls for June and what it might mean for the path of rates. Meanwhile, the Nasdaq fell amid continued pressure on technology and semiconductor names. Chip stocks have experienced a notable pullback to begin the second half of the year, suggesting traders are taking profits after a strong run.Looking to the jobs report, the U.S. economy added 57,000 jobs in June, well below forecasts of 110,000 and a downwardly revised 129,000 in May. The unemployment rate dropped to 4.2% in June, down from 4.3% in May, as many people left the workforce.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:OpenAI has discussed giving the U.S. government a 5% stake in the company,Alphabethasof a EUR4.1B Android fine in EuropeTeslareported, beating expectationsRivianand raised its FY26 vehicle delivery forecastAppleis preparing a new iPad Pro and redesigned entry-level MacBook Pro for 2027,2. WALL STREET CALLS:DAPalantirto Buy, sees "gift" at current levelsAdobeto Buy at HSBCWolfeChevronto Outperform, sees "opportunistic" entry pointSkyWestto Neutral at Goldman SachsCanaccordInfleqtionat Buy, sees 70% upside3. AROUND THE WEB:Microsoftis merging its consumer and enterprise versions of its Copilot AI chatbot, The Information reportsAmazonwill begin internet services this year after its latest satellite launch, Bloomberg reportsSoftBankhas resumed discussions with lenders for a $10B loan backed by its stake in OpenAI, offering a repayment guarantee to address concerns over valuing private-company shares and reduce lenders' collateral risk, Reuters saysThe U.S. National Highway Traffic Safety Administration, NHTSA, closed a 2022 preliminary evaluation of 695,000 Teslavehicles over unexpected deceleration, citing less incidents and low hazard to drivers, Reuters saysAnthropic has started early-stage work on its own AI chip and has held talks with Samsungas a potential manufacturing partner, The Information says4. MOVERS:SurgePayssoared afterwith one of its wholesale wireless network providersAeroVironmentgained afterKratos Defensewas higher after beingfor a new air defense missile systemOusterwas lower after filing anArbor Realtyfell after Piper Sandlerits price target on the stock5. EARNINGS/GUIDANCE:APi Groupraised itsLindsay, with EPS and revenue beating consensusNational Beveragereported, with EPS and revenue lower year-over-yearGreenbrierand narrowed its guidance for FY26American Eaglebacked itsand FY26INDEXES:The Dow rose 594.83, or 1.14%, to 52,900.07, the Nasdaq lost 207.36, or 0.80%, to 25,832.67, and the S&P 500 advanced 0.010, or 0.00013%, to 7,483.24.