AI Strength Shields Google from Ad Risk as Analyst Cuts Target on Tariff Fears
From Yahoo Finance: 2025-04-12 12:10:00
- Alphabet Inc. (GOOGL) is compared to other AI stocks on Wall Street.
- OpenAI countersues Elon Musk for alleged harassment and attempts to hinder its business.
- Musk seeks to prevent OpenAI transition to a for-profit company, sparking legal battles.
- Musk’s legal team claims a rejected $97.4 billion bid to acquire OpenAI.
- Hedge funds favor AI stocks like Alphabet Inc. (GOOGL) amid market uncertainties.
- GOOGL’s ad revenue may face risks due to tariff fears, but the company is seen as being shielded by its AI strength.
Read more: AI Strength Shields Google from Ad Risk as Analyst Cuts Target on Tariff Fears