Alphabet(US:GOOG) Yahoo Finance·2025-09-12 12:13Core Insights - Alphabet Inc. (NASDAQ:GOOG) is identified as a key beneficiary of the Generative AI (GenAI) wave, with strong performance in its YouTube and Waymo businesses [1][2] - The stock has seen a significant rally, increasing by 25% over the past couple of months, while its valuation remains attractive at 18-19 times earnings [2] - Concerns regarding AI-related threats to Google search are considered overstated, as users can easily switch to Google's Gemini AI model [3] Competitive Position - Google has over 1.5 billion monthly users interacting with its AI-powered Search, providing a substantial user base for its AI initiatives [3] - OpenAI's GPT-5 model has not met market expectations, while Google's Gemini is gaining traction with new features [4] - Analysts believe Google is well-positioned to integrate ads into AI search results, ensuring that its core advertising business remains unaffected despite declines in traditional search [4] Strategic Advantages - Alphabet Inc. is leveraging its industry-leading AI models, proprietary technical infrastructure, and access to high-quality data to enhance its competitive edge [4] - The company benefits from a robust distribution ecosystem, with seven different apps each having over two billion users, which is widening its competitive moat in the AI space [4]