UBS Maintains “Buy” Rating for Alphabet Inc.’s Goo…
From Barchart: 2025-02-20 10:06:26
Google, under Alphabet Inc., plans to open its first physical stores in India and invest $10 billion in the market. The company is expanding its retail presence to replicate Apple’s successful strategy, with stores around 15,000 square feet each.
Alphabet is heavily investing in artificial intelligence, planning a $75 billion investment by 2025. The company’s Gemini models for document and image processing showcase its commitment to AI, positioning it as a leader in the market with a valuation 25% above the sector median.
Google’s current stock price is $185.28, with a market capitalization of approximately $2.245 trillion. The company’s stock fluctuated between $184.61 and $187.12, with a 52-week high of $208.70 and a low of $131.55. Google competes with tech giants like Apple and Microsoft.
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