Look for Alphabet’s (GOOGL) Google to soon disclose more plans in its medical robotics partnership with Johnson & Johnson (JNJ), which eventually could pressure Intuitive Surgical’s (ISRG) stock. Shares of Sunnyvale, Calif.-based Intuitive Surgical, the leading maker of medical robotics systems, are down nearly 4% in 2015.
Nomura Securities stuck its neck out on Wednesday and revealed its top stock picks for 2016 in technology, media and telecom. Analysts for the investment bank picked five stocks as “top picks for 2016”: Alphabet (GOOGL), Arista Networks (ANET), Lam Research (LRCX), LinkedIn (LNKD) and Microsoft (MSFT). It rates all five stocks as buy. Alphabet and LinkedIn are IBD Leaderboard stocks, while the others are also highly ranked by IBD with Composite
Alphabet (GOOGL)-owned Google will offer online search services via a facility it has set up in the Shanghai Free Trade Zone after its return to the Chinese mainland, according to a Chinese media report. Google abruptly shuttered most of its mainland China operations in 2010 following a disagreement with the Chinese government over the censorship of Internet search results. Google already registered Pengji — its online search and e-mail company —