After a 70% Run in 6 Months, Is Alphabet Still a Top AI Stock to Own?
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After a bruising sell-off earlier this year, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) stock has ripped higher -- up just more than 70% over the last six months, as of this writing. The move upward accelerated after the company posted a milestone quarter after the market closed on Oct. 29 and leaned into a simple message: Artificial intelligence isn't eroding Google's core; it's expanding it.Initially, investors worried about the impact of AI (artificial intelligence) on Alphabet, which is best known for Google Search and YouTube but also operates a fast-growing cloud platform. But sentiment about AI's role in Alphabet's business has been flipping over the last few months. And in its most recent report, it was clear: AI is now a substantial headwind for the company -- across Search, YouTube, and Cloud.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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