Bank of America's blunt 3-word note on Alphabet stock before earnings

Shares of Alphabet (GOOGL), the Google parent company, are up 9.9% year to date as of Feb. 2, far outpacing the S&P 500 Index's 1.9% gain. Waymo, Alphabet's autonomous driving technology subsidiary, revealed it had raised $16 billion in its latest fundraising round, now valuing the company at $126 billion, Reuters reported on Feb. 2. To some investors, the news reinforces the view that Alphabet still has much upside. In January, Google unveiled several partnerships that strengthened Alphabet’s AI posit ...