  The discovery of the Higgs by ATLAS and CMS at the LHC not only provided the
last missing building block of the electroweak Standard Model, the mass of the
Higgs has been found to have a very peculiar value about 126 GeV, which is such
that vacuum stability is extending up to the Planck scale. This may have much
deeper drawback than anticipated so far. The impact on the running of the SM
gauge, Yukawa and Higgs couplings up to the Planck scale has been discussed in
several articles recently. Here we consider the impact on the running masses
and we discuss the role of quadratic divergences within the Standard Model. The
change of sign of the coefficient of the quadratically divergent terms showing
up at about mu_0 ~ 1.4 x 10^16 GeV may be understood as a first order phase
transition restoring the symmetric phase, while its large negative values at
lower scales triggers the Higgs mechanism, running parameters evolve in such a
way that the symmetry is restored two orders of magnitude before the Planck
scale. Thus, the electroweak phase transition takes place at the scale mu_0 and
not at the electroweak scale v ~ 250 GeV. The SM Higgs system and its phase
transition could play a key role for the inflation of the early universe. Also
baryogenesis has to be reconsidered under the aspect that perturbative
arguments surprisingly work up to the Planck scale.
