Alphabet (GOOGL) Stock Looks Below Fair Value After AI Spending Plans

Alphabet has given shareholders a powerful ride over the past few years. With the stock now around US$334.76, the live question is whether that price can be explained by the cash the business is expected to generate. Alphabet has delivered a return of 176.4% over the past 3 years, which puts a lot of expectation on the future cash flows that underlie that share price performance. New AI launches like the Gemini 4 Argon model and wider use of Alphabet's chips and cloud tools can influence how...