Alphabet's AI investments could be 'revolutionary': Analyst
04/05/2024 03:55
As Alphabet (GOOG, GOOGL) considers various deals and AI investments, MoffettNathanson Senior Research Analyst Michael Nathanson joins Yahoo Finance Live to share his outlook. Nathanson states that Alphabet's M&A strategy "is very targeted." He notes that if they identify an opportunity or start considering a deal, "it's hard to challenge their track record." Nathanson says that as Alphabet delves into AI investments, it could be "revolutionary," particularly with YouTube, suggesting they could emerge as "the winners" in the forthcoming AI revolution. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
As Alphabet (GOOG, GOOGL) considers various deals and AI investments, MoffettNathanson Senior Research Analyst Michael Nathanson joins Yahoo Finance Live to share his outlook.
Nathanson states that Alphabet's M&A strategy "is very targeted." He notes that if they identify an opportunity or start considering a deal, "it's hard to challenge their track record." Nathanson says that as Alphabet delves into AI investments, it could be "revolutionary," particularly with YouTube, suggesting they could emerge as "the winners" in the forthcoming AI revolution.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
Editor's note: This article was written by Angel Smith