Alphabet Boosted by AI, Cloud Demand
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Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.
Alphabet CEO Sundar Pichai praises a standout Q2 driven by AI-powered growth across divisions, with Google Search and Cloud showing strong momentum and boosting revenue.
Alphabet Inc.'s Q2 highlights AI-driven growth and cloud profitability. Click for our updated look at GOOGL earnings and the initiatives that make it a Buy.
Google parent Alphabet plans to spend $10 billion more in capital expenditures this year than previously anticipated as the company works to meet surging demand for Google Cloud.
We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.
Analysts note new tax provisions could be giving the large technology companies more flexibility to invest in chips and other AI infrastructure.
Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks on Analysts’ Radar Right Now. On July 21, Wolfe Research analyst Shweta Khajuria reiterated an “Outperform” rating on the stock with a $190.00 price target.
Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks in the Spotlight Right Now. On July 22, Stifel analyst Mark Kelley raised the price target on the stock to $218.00 (from $200.00) while maintaining a “Buy” rating.
Persistent concerns that Alphabet Inc. has fallen behind in the artificial intelligence supremacy race has weighed on the stock this year, and not even the cheapest earnings multiple in about two y…