Stock Movers Alphabet Falls, Estee Lauder Tumbles, Hershey Rises on Positive 2026 Forecast
Feb 5, 2026
Big-cap tech flags a huge jump in capital spending tied to AI ambitions. Debate over whether the aggressive CapEx is a strategic gamble or a sign of confidence. A cosmetics giant lifts its outlook yet shares slide amid doubts about the turnaround pace. A candy maker boosts its 2026 forecast thanks to pricing, new products and easing costs.
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Alphabet's Massive AI Bet
- Alphabet's AI investments are driving strong revenue growth, notably a 48% jump in Google Cloud to $17.7 billion.
- The company plans up to $185 billion in 2026 CapEx, signaling confidence that AI spending will be monetized.
Weigh CapEx Against Monetization
- Consider how investors price large one-time capital plans versus long-term monetization potential.
- Evaluate whether AI-driven CapEx could translate into future revenue before reacting to the headline figure.
Estee Lauder's Rally Still Faces Skepticism
- Estée Lauder beat narrowly on revenue and EPS but fell short of investor expectations for its turnaround.
- The company tightened its net revenue growth outlook to 3%–5%, driven by skincare and fragrances gains.