Eyes are on megacap tech earnings this week, and it's a big one for Google parent Alphabet as the tech behemoth faces several questions around its AI spending spree and scruntized dominance in online search. Alphabet is set to post its third-quarter financial report after the closing bell on Tuesday. Several analysts maintained their buy ratings ahead of the results and expect AI-driven gains to appear in its search and YouTube segments.
mountain Google performance this year. But Jefferies analyst Brent Thill told CNBC on Friday that Google is the most "controversial" name among its megacap tech peers. He said he's looking for clues to see how Alphabet will monetize artificial intelligence — particularly as the company has uniquely refrained from providing any outlook or milestone for the technology.