📊 Alphabet surges past NASDAQ ETF

Author

Ryan Serkes
September 01, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

📊 Alphabet stock outpaces NASDAQ Internet ETF
⚖️ Judge weighs Fed Gov. Cook's firing case
💡 Applied Digital signs major lease with CoreWeave
🏦 Concerns over US stakes in companies like Intel
📦 US ends low-value package tariff exemption
🎁 +8 more stories you might like

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📊 Alphabet's Stock Outpaces NASDAQ Internet ETF Despite AI Competition Link
  • Alphabet Inc. (GOOGL) has outperformed the Invesco NASDAQ Internet ETF over the last three months.
  • The company's stock is trading above both its 50-day and 200-day moving averages.
  • Despite strong performance, Alphabet faces challenges from AI competition and regulatory pressures.
⚖ Judge Weighs Legal Battle Over Fed Governor Lisa Cook's Firing Link
  • A federal judge is considering a restraining order to block Lisa Cook's dismissal from the Federal Reserve.
  • The case involves allegations of mortgage fraud and the broader issue of Fed independence.
  • Both legal teams will file additional briefs post-Labor Day, with a preliminary injunction expected.
💡 Applied Digital Expands AI Capacity with CoreWeave Lease in North Dakota Link
  • Applied Digital has signed a new lease with CoreWeave for an additional 150MW at its North Dakota campus.
  • The lease is part of a larger $11 billion revenue plan for AI and high-performance computing infrastructure.
  • The campus aims to scale up to 1 gigawatt and focuses on sustainability and economic opportunities.
🏦 Concerns Mount Over U.S. Government's Stake in Intel and Other Companies Link
  • The Trump administration's 10% stake in Intel raises concerns about government intervention in the private sector.
  • Critics argue this move could lead to cronyism and inefficiencies in the market.
  • The investment aims to bolster U.S. chip production but faces criticism from economists and politicians.
📦 U.S. Ends Low-Value Package Tariff Exemption, Impacting E-Commerce Link
  • The U.S. has ended its tariff exemption for packages valued under $800, affecting e-commerce businesses.
  • The move aims to curb narcotics shipments and increase tariff revenues by $10 billion annually.
  • Retail analysts predict higher prices and more paperwork for goods previously exempt from tariffs.

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Other news & articles you might like

  • 🚀 Apollo-backed Phoenix Education files for IPO (Link)
  • 📈 Hyperscale Data announces stock offering (Link)
  • 💰 AYR Wellness secures $50M bridge credit (Link)
  • 🔗 Horizon Bancorp completes $100M notes offering (Link)
  • 🧑‍⚖️ Judge considers Cook's Fed position amid controversy (Link)
  • 🤖 Scout AI wins Army autonomy contract (Link)
  • 📉 Fed Gov. Cook sues Trump; inflation data watched (Link)
  • ⚠️ El Paso scammer faces prison for real estate fraud (Link)

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