The global AI data-center market is projected to reach $933 billion by 2030, with Alphabet’s Google targeting this growth with its Gemini platform. Wall Street has raised Alphabet’s price target to $400, citing Google Cloud growth and free cash flow. Alphabet’s latest earnings report showed $35 billion in net income for the third quarter and $24.5 billion in free cash flow. Gemini 3 Flash aims to improve AI performance. Google Cloud has secured partnerships with NextEra Energy and Colliers, while also collaborating on a 150 MW solar project in India with ReNew Energy Global. Wall Street is bullish on GOOGL, with a consensus “Strong Buy” rating and an average price target of $329.08.
Read more at Barchart: As Google Launches Gemini 3 Flash, Should You Buy, Sell, or Hold GOOGL Stock?
