Analyst unveils Google stock price target after Apple rumors

News Snapshot:

While Google is a search engine Goliath, the performance of the stock of its parent, Alphabet, has trailed that of its large-cap technology peers because of concern that artificial intelligence will reshape the search market. There's little debate that AI apps are changing how people consume and digest information — but there's also little to suggest that Alphabet's search dominance is over. Alphabet's market share remains intact despite the widespread availability of large language models for searching and creating content, including OpenAI's ChatGPT and Microsoft's Bing. Nevertheless, the risk that AI could cut into Google's lead has led to analysts...