BMO Capital Reiterates Outperform Rating on Alphabet (GOOGL)

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Google I/O: 6 analyst takeaways from annual developer conference

May 15, 2024 9:20 AM EDT

(Updated - May 15, 2024 11:29 AM EDT)

On Tuesday, Alphabet (NASDAQ: GOOGL) hosted its annual I/O developer conference, presenting the next step forward in the race for consumer and enterprise AI. Here's how analysts reacted:

Oppenheimer stated: "Relative to OpenAI's limited product demo the day before, we believe GOOG demonstrated its strong competitive position, driven by an essentially unlimited R&D budget, access to the largest user and... More