Reported 3 days ago
Alphabet Inc. (GOOGL) has been somewhat insulated from advertising risks due to its strength in AI, despite an analyst at Oppenheimer reducing the price target for the company from $225 to $185 over tariff concerns. The firm predicts that advertising strategies will shift in favor of flexibility, which could impact Q2 results, positioning Alphabet as relatively protected compared to competitors like Meta and Pinterest. The article also notes that AI stocks, including GOOGL, are being closely monitored by hedge funds, as they present considerable investment opportunities.
Source: YAHOO