Alphabet: No AI Cracks In The Hull, But Still Too Reliant On Advertising

Group 1 - The core viewpoint is that Alphabet, Inc. (NASDAQ: GOOGL) may have reached its peak performance, as indicated by a HOLD rating given in June 2024, with the stock down approximately 8% since that time [1] Group 2 - The analyst has no current stock, option, or similar derivative positions in any of the companies mentioned, nor plans to initiate any such positions within the next 72 hours [3] - The article expresses the author's own opinions and is not receiving compensation for it, aside from Seeking Alpha [3] - Seeking Alpha clarifies that past performance is not indicative of future results and does not provide recommendations or advice regarding investment suitability [4]