Alphabet Accelerates Its AI Investment

Alphabet. The Google parent raised the top end of its CapEx plan for this year, to $205,000,000,000. There's cloud growth. There's Gemini engagement.All there, but the discipline on spending is a bit of a concern. Joining us is Eric Sheridan, Goldman Sachs, co business unit leader of the technology, media, and telecommunications group in global investment research. He says Alphabet is well positioned to benefit from the growing demand for AI across both consumer and enterprise markets and reiterates a buy r ...