Shares of tech giant Alphabet (GOOG 2.13%) (GOOGL 2.66%) rallied as high as 3.4% today, before retreating to a 2% gain as of 3:04 p.m. ET, still well ahead of the Nasdaq Composite.Lots of technology names rallied today on the back of strong numbers out of Hon Hai Precision, which released very strong artificial intelligence (AI) server numbers for the month of December.However, Alphabet got an additional boost thanks to a positive note from a prominent Wall Street analyst.J.P. Morgan likes Alphabet for 2025 ...

Google is forming a new team to work on AI models that can simulate the physical world. Tim Brooks, one of the co-leads on OpenAI’s video generator, Sora, who left for Google’s AI research lab, Google DeepMind, last October, will lead the new team, he announced in a post on X. It’ll be a part of Google DeepMind. “DeepMind has ambitious plans to make massive generative models that simulate the world,” Brooks wrote Monday morning. “I’m hiring for a new team with this mission.”According to job listings Brooks ...

Alphabet Inc‘s GOOGL GOOG innovation machine is revving up for 2025, and Wall Street has its eyes firmly set on the tech titan. JPMorgan analyst Doug Anmuth is bullish on Alphabet’s Google, citing a flurry of advancements in generative AI, technical infrastructure, and autonomous driving as key growth drivers for the year ahead. “Google's accelerated pace of innovation is very evident into the new year with many significant recent product announcements,” says Anmuth, who reiterates his Overweight rating and ...

The average investor can find potential buying opportunities by looking at what some prominent billionaire hedge fund managers own in their own portfolios. Bill Ackman of Pershing Square Capital Management, Chase Coleman of Tiger Global Management, and Chris Hohn of TCI Fund Management, collectively worth an estimated $25 billion, are worth keeping tabs on.All these billionaires manage massive sums of capital and also love one monster tech stock. Continue reading to learn more about this business and whethe ...

Alphabet's Business Overview - Alphabet's business remains strong with signs of continued dominance in its core areas [6] - The company's long-term bets in potentially world-altering technologies add significant upside for investors [6] - Alphabet has the lowest forward valuation multiple among the Magnificent Seven stocks, trading below or equal to the broader market valuation [12] Google Search Performance - Google Search is the biggest revenue driver, accounting for around 55% of total revenue last quarter [8] - Google Search revenues have grown by over 10% year-over-year in each of the last five quarters [13] - Despite competition from chatbots like ChatGPT, Google Search remains the dominant internet search engine [25] Other Revenue Streams - Alphabet's other revenue-generating segments include YouTube ads, third-party ad sales, subscriptions, platforms, device revenue, and Google Cloud revenue [14] - Each of these segments contributed between 8% and 13% of total revenue last quarter, with most showing solid growth [14] - YouTube ad revenue benefits from the secular trend away from traditional television [22] - Google Cloud is experiencing accelerating growth [22] Long-Term Projects and Innovations - Waymo and Google Quantum AI are two massive projects with long-term potential [15] - Waymo is a leader in autonomous driving and robotaxi services, with the ride-sharing market projected to nearly quadruple by 2032 [15] - Google's Willow quantum chip represents a breakthrough in quantum computing, though it is a long-term bet with no immediate revenue impact [23] Market Position and Analyst Outlook - Alphabet is considered one of the best Magnificent Seven stocks to own for long-term investment [3] - The company has a "Moderate Buy" rating based on 42 analyst ratings, with a high forecast of $240 and an average forecast of $206.69 [6] - The 12-month stock price forecast suggests a 7.23% upside to $206.69 [27] Competitive Landscape - Google is combating the rise of chatbots by integrating AI capabilities into Google Search through its Gemini model [21] - Google's daily user base is significantly larger than ChatGPT's 300 million weekly users [21] - The potential antitrust breakup of Google Search is a concern, but any real impact is likely delayed by appeals [26]

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Artificial intelligence pushed many stock prices higher, but these three remain great values.The last two years have been dominated by artificial intelligence (AI) stocks. The influx of spending on AI infrastructure and development, combined with investors' excitement around the potential for it to change multiple industries, pushed the prices of several companies' stocks into astronomical territories. It may be hard to find a great company with a stock trading at a fair price for less than $200.But there c ...

Epic Games filed its another answer to Google’s appeal of its guilty verdict in its antitrust trial over how it governs its Google Play Store. Epic Games, which has been in litigation with Google ever since the latter (and Apple) removed Epic’s Fortnite battle royale game from the Google Play Store after Epic Games sued for antitrust violations in 2020. “This case is a reckoning long overdue. The trial record is replete with proof of Google’s years-long strategy to suppress competition among app stores and ...

In Brief CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company.CNBC reports that it obtained audio from a December 18 strategy meeting where Pichai and other executives put on ugly holiday sweaters and laid out their priorities for the coming year. “I think 2025 will be critical,” Pichai said. “I think it’s really important we internalize the urgency of this moment, and need to move faster as a company. The stakes are high.”The moment, of course, is one wher ...

Finding top artificial intelligence (AI) stocks to buy right now is not a simple endeavor. Many AI stocks have boomed amid the release of a vastly improved version of ChatGPT in early 2023. Due to that growth, stocks like Nvidia and Palantir experienced outsized increases over a short period.Those increases may leave investors wondering what to buy now. Fortunately, even if finding the "best" AI stocks is elusive, we can assume AI will probably drive stock gains for years to come, meaning investors have not ...