Analysts remain confident on Alphabet (GOOGL) following marketing event
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NVIDIA (NVDA) Alphabet, Meta Platforms and Microsoft the near-term winners from generative AI - William Blair
May 24, 2023 11:52 AM EDTWilliam Blair analyst Ralph Schackart told investors in a note Wednesday that generative AI (GAI) is a game changer, with near-term beneficiaries likely to be hyper-scalers Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META) and Microsoft (NASDAQ: MSFT).
"In contrast to traditional artificial intelligence (AI), which focuses on pattern detection,... More
Generative AI is a game-changer, William Blair's deep-dive shows; Top Picks highlighted
May 24, 2023 8:52 AM EDTWilliam Blair analyst Ralph Schackar on generative AI: "In contrast to traditional artificial intelligence (AI), which focuses on pattern detection, generative AI (as the name suggests) can generate new content on its own (new text, images, audio, software code, etc.) after being trained by a machine learning model. This ability to generate new content on its... More
Uber's (UBER) Waymo deal reaffirms marketplace value, says Morgan Stanley
May 24, 2023 8:28 AM EDTUber (NYSE: UBER) announced Thursday that it has partnered with Alphabet (NASDAQ: GOOGL) owned Waymo to make the Google self-driving ride-hailing service available to more people via the Uber platform starting in Phoenix.
The multi-year partnership will see the integration launch publicly later this... More
Google to test ads in generative AI search results
May 23, 2023 12:00 PM EDTBy Sheila Dang
(Reuters) - Alphabet Inc's Google will begin experimenting with advertising within search results powered by generative artificial intelligence, the tech giant announced on Tuesday, as it seeks to fend off rival Microsoft in the lucrative search ads market.
Over the past few months, Google and Microsoft have supercharged a race to change how people search for information by infusing their search engines with generative AI, which can provide conversational written responses to queries, synthesize information online and surface relevant websites.
The AI capabilities will also alter how advertisers reach consumers through search... More
Microsoft (MSFT) and Google PTs raised at Jefferies following AI deep-dive
May 23, 2023 8:28 AM EDTJefferies analyst Brent Thill raised the price targets on Microsoft (NASDAQ: MSFT) to $400 from $350 and Alphabet (NASDAQ: GOOGL) to $150 from $130 in a note Tuesday, following an AI deep dive.
The analyst, who maintained a Buy... More
Alphabet (GOOGL) PT Raised to $150 at Jefferies
May 23, 2023 7:42 AM EDTJefferies analyst Brent Thill raised the price target on Alphabet (NASDAQ: GOOGL) to $150.00 (from $130.00) while maintaining a Buy rating.... More
Alphabet (GOOGL) Climbs 2.8%, Hits 52-Week High
May 22, 2023 9:52 AM EDTAlphabet (NASDAQ: GOOGL) Climbs 2.8%, Hits 52-Week High
