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Alphabet (GOOGL) Posts Q3 Earnings Beat; AI Helps Boost Search and Cloud Growth

Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks in the Spotlight This Week. On October 30, TD Cowen raised its price target on the stock to 335.00from335.00 from 280.00 while maintaining a Buy rating. The rating affirmation follows Alphabet’s quarterly earnings report. The tech giant’s third-quarter earnings beat analyst expectations, with total revenue beating consensus estimates by 2.4%. Search, Cloud, and YouTube all beat expectations by 3%, the firm noted. Meanwhile, operating income was 2.5% above the ...