Google's Big Moves: Why Investors Are Excited

Google is making waves with its new AI partnerships. The company has teamed up with Walmart and Apple. These deals are making investors take notice. They see Google's Gemini AI as a big deal.

Walmart Deal

The Walmart deal lets shoppers find and buy products right in the Gemini chatbot. This could mean more money for Google.

Apple Deal

The Apple deal is even bigger. Apple will use Google's AI in its devices. This includes a smarter Siri by 2026.

Alphabet's Stock Performance

Alphabet, Google's parent company, is worth a lot now. Its stock has gone up 5.3% this year. Last year, it jumped 65.35%, the most among big tech stocks. Analysts are revisiting their predictions. They think Google's AI could bring in more money.

Bank of America's Prediction

Bank of America raised its price target for Alphabet's stock. They now think it could reach $370. They believe the Apple and Walmart deals show Google's AI is strong. This could mean more confidence from investors.

Risks and Future Growth

But there are risks. AI trends can change quickly. Still, Google is in a good spot. It has strong AI models, custom chips, and big partners. Investors will watch for Google's next earnings report. It's due on February 4.

Cloud Business Growth

Last quarter, Google's cloud business grew a lot. Revenue went up 34% to $15.2 billion. The company is spending more on new projects. This could mean more growth in the future.