Alphabet's advertising and stock are on a roll, but antitrust worries linger
Google parent Alphabet Inc.’s stock has been on a tear, achieving a record all-time high last week as it rumbles toward projected bang-up results for the quarter on Tuesday.A rebound in advertising sales, growing optimism about its plans for generative artificial intelligence and the routine shedding of workers in the past several weeks all have analysts and investors in buoyant spirits.“We believe Google can grind higher even after rising 58% in 2023” because of accelerating ad revenue, easy comparisons, s ...