Goldman Sachs Remains Bullish on Alphabet (GOOGL) Ahead of Q3 Earnings

Group 1 - Goldman Sachs has increased its price target on Alphabet Inc. (NASDAQ: GOOGL) from $234 to $288, maintaining a "Buy" rating ahead of the Q3 earnings report [2][3] - The firm highlighted Alphabet's strong positioning as one of the most AI-leveraged companies in the digital advertising space, with a 50% increase in share price since the last earnings preview [3] - Key growth drivers identified include the growing adoption of the Gemini app, sustained strength in core Search, and a favorable outcome in the ongoing Search antitrust case [4] Group 2 - Alphabet plans to invest $15 billion to establish its first Artificial Intelligence hub in Visakhapatnam, India, with the project spanning from 2026 to 2030 [4][5] - The AI hub will feature gigawatt-scale data center operations, new large-scale energy sources, and an expanded fiber-optic network to enhance connectivity on India's eastern coast [5] - Alphabet is recognized for its core businesses, including Search, YouTube, Android, Chrome, and Google Cloud Platform [6]