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Truist is constructive about Alphabet's Q3 2024 performance, expecting healthy growth in Search, YouTube, and Cloud, with a new FY25 price target set at $220. The firm believes the quarter will meet or slightly exceed expectations, driven by strong user engagement and higher year-over-year ad prices.
Apple is betting big on AI. We're about to find out if it's going to pay off. https://t.co/UrCPKAvDuB
The AI industry is going all in. https://t.co/j28cVFmSZA
Heard on the Street: It remains to be seen if Big Tech’s AI investments will be a gold mine or money pit Capital spending by Microsoft, Google, Amazon and Meta is expected to keep surging, while Apple’s AI debut gets clouded https://t.co/rl03bEFSOB via @WSJ