Google looks to shake off last week's DeepMind shakeup.
Alphabet accelerates 2027 capex for AI/cloud with TPU sales incoming; BNP Paribas maintains Outperform at $420 on strong advertising and cloud demand. Depreciation from data centers will pressure margins: cloud-AI leadership requires near-term profitability trade-offs, a critical benchmark for enterprise capex strategy.
Alphabet stock dipped on Tuesday. BNP Paribas keeps an Outperform rating & $420 price forecast, citing long-term AI & Cloud growth.