Fool.com contributor Parkev Tatevosian evaluates the AI investment at Alphabet (GOOG 0.87%) (GOOGL 0.82%).
*Stock prices used were the afternoon prices of July 31, 2024. The video was published on Aug. 2, 2024.
Alphabet Stock Analysis: How Will Alphabet Monetize the Billions in AI Investment?
Alphabet has spent tens of billions of dollars on artificial intelligence and plans more in the coming years.
By Parkev Tatevosian, CFA – Aug 3, 2024 at 12:01PM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.