15 AI News You Should Not Ignore

Page 11 of 15

5. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 160

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. Prominent financial analyst AI Root, writing for finance news platform Barron’s, recently opined that Alphabet stock would emerge a winner from recent attacks. Authorities in the US recently put forward remedies to break Google’s hold on search, which included selling its Chrome browser and monitoring data. Per Root, the action came as investors were already fretting about the rise of generative artificial intelligence. Root added that while the future would be more complicated, generative AI had the potential to add revenue, as Gemini, Google’s AI tool, ramps up and becomes more powerful.

Page 11 of 15