Ge Long Hui·2026-01-09 07:06Group 1 - Cantor Fitzgerald upgraded Alphabet's rating from "neutral" to "buy," setting a target price of $370, calling it "the king of all AI investments" [1] - Analyst Deepak Mathivanan highlighted Google's advantage in spanning the entire AI technology stack, which includes infrastructure, computing, large language models, and applications, allowing the company to accelerate the release of AI asset value in the next two to three years [1] - In the search business, Google is integrating AI Overviews and AI models into the search experience, driving accelerated query growth, with expectations that AI search results will have better monetization efficiency than traditional search results over time [1] Group 2 - The analyst is optimistic about Google Cloud significantly increasing its market share this year, predicting that its revenue could reach 60% of Amazon's cloud business by 2027, up from just over 40% in 2024 [2] - The main catalyst for this growth is the substantial increase in collaborations between Google Cloud and major AI labs such as Anthropic, OpenAI, and Meta Platforms, with more capacity coming online, leading to these orders gradually converting into actual revenue [2]