Magnificent Seven Stocks have been analyzed with
Alphabet going nuclear, making Google's stock a potential buy or sell. Rating upgrades have occurred, prompting investors to look into buying before earnings. Trends show
Google's stock falling due to potential government intervention that could break up the company. However, market analysts indicate that despite this threat, Alphabet could still be a buy. The
stock market recently closed at a record high, even with Google's slide and China's slump. Alphabet's main source of revenue remains advertising and cloud services. AI developments such as the unveiling of a redesigned US shopping website and the AI-powered Gemini Assistant have caught the market's attention. The company is also battling with Nvidia and Apple in this sphere. The stock experienced a dip soon before Q3 earnings, but this was described as a 'gift' by market optimists. However, concerns about
high AI spending and
Youtube's performance have affected Google's stock price. The DOJ's potential antitrust actions and TikTok's increasing digital ad share are other significant risks. Despite these challenges, the stock remains near highs due to the booming AI business. The continuing antitrust litigation and the debut of OpenAI's SearchGPT have led to fluctuations in the stock price. However, analysts predict a 25% upside for Alphabet's stock and Google is described as a 'no-brainer' buy.
Google Stocks News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Sat, 19 Oct 2024 14:01:24 GMT -
Rating -3
- Innovation 7
- Information 5
- Rumor -3
