Alphabet (GOOGL) Rated Outperform on AI Growth Potential [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
Outperform rating on Alphabet Inc. (NASDAQ:GOOGL) and set a $385 price objective. Analyst Andrew Boone stated that the total addressable market for internet search is increasing, while Google gains from emerging AI-powered advertiser capabilities. According to Boone, the company has a clear path to recouping its increased capital expenditure via the Google Cloud Platform and the growth of AI within its own product suite. Meanwhile, Alphabet Inc. (NASDAQ:GOOGL) has also been engaged in a number of product launches. Notably, Google has released the Gemini 3.1 Flash Live audio model, which is intended for real-time dialogue with increased precision and reduced latency. In addition, Google has launched Lyria 3 Pro, a music generation model capable of producing tracks as long as three minutes. Alphabet Inc. (NASDAQ:GOOGL) is a leading tech giant with a diverse portfolio, including Google Ads, Google Chrome, Google Cloud, Search, and YouTube, and holds a dominant position in each of t
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