
Morgan Stanley upgraded Alphabet stock, citing a shift in investor sentiment around AI capital expenditure. Google raised 2026 capex guidance to $180-$190 billion, with 2027 spending expected to rise further. The upgrade suggests Wall Street sees potential for AI spending to translate into durable sales.
Tap to vote and see what everyone thinks.
Summary by ByteBrief
Wells Fargo new S&P 500 target sends investors clear signal