Alphabet's $75 Billion Bet: 'Too Significant For Google To Pull Back' Now, Says JPMorgan
1. JPMorgan remains positive on Alphabet, targeting $180 by Dec 2025. 2. Google's GenAI innovations are expected to mitigate adverse macroeconomic pressures. 3. Cloud services growth is strong, supported by recent Google Cloud Next success. 4. Analyst notes legal risks were anticipated, with declining Network revenue being a concern. 5. Forthcoming product events may further amplify Google’s GenAI initiatives.