Alphabet Shares Rise on AI and Cloud Growth Optimism Ahead of Earnings Report
Alphabet's shares rose by 3.3% as investor optimism grows over its AI and cloud businesses, driven by Anthropic's partnership with Google and a positive analyst outlook. Citi raised its price target for Alphabet to $405, citing expectations of strong earnings on April 29 and potential product upgrades.
Topics: AI growth Alphabet (GOOG) Analyst upgrades Earnings expectations