AI News Investors Probably Missed

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6. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. At the recent Google Gemini at Work event, the company outlined a range of artificial intelligence agent use cases. Wall Street analysts, like those led by Scott Devitt at Wedbush, took note of this development. In an investor note, the analysts noted that they had come away from the keynote with increased conviction in the strength of Google’s enterprise generative AI offerings and their emerging contribution to Google Cloud growth. They added that Google was actively working with enterprise customers to develop AI agents across a variety of use cases. Wedbush has an Outperform rating on Alphabet Inc. (NASDAQ:GOOG) and a 12-month price target of $205.

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