AIYahoo Financeabout 4 hours ago
BofA Reiterates Buy on Alphabet on AI Capex Demand
1 min read
Bank of America reiterated a Buy rating on Alphabet (GOOGL) following the company's capital raise. Analysts noted the Street expects 2027 capex of $241 billion and $16 billion in positive free cash flow, with potential for higher 2026 capex to meet additional AI demand.
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