Reported 3 days ago
Alphabet Inc. (GOOG) has revamped its advertising approach by integrating advanced AI capabilities, as highlighted during the Google Marketing Live event. Analyst Andrew Boone has reiterated a 'Market Perform' rating, noting that while AI search broadens Google's potential market for complex queries, rising competition may limit stock valuation. The consensus on Wall Street remains a 'Buy' with a target price suggesting potential growth, although some analysts believe other AI stocks may offer higher returns.
Source: YAHOO