Alphabet Q3 2024 earnings expectations & share price analysis
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Advancements in AI integration
Despite the waning artificial intelligence (AI) frenzy, investors are eager to learn about Alphabet’s advancements in AI integration across its platforms and the resulting technical synergies. Beginning in Q2, Alphabet consolidated the teams of Google Research and Google DeepMind to concentrate on developing AI models and accelerating integration efforts. Any positive update from this newly formed AI Plus division is likely to boost investor confidence in Alphabet’s outlook for future tech.
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Recent concerns and financial risks
Despite reporting stronger-than-expected Q2 earnings, Alphabet’s stock price dipped on the previous earnings date (24 July), primarily due to its conservative forward…