Alphabet is the 'ultimate consumer company': Analyst

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Angelo Zino,Alphabet,Market Domination

Alphabet's Google (GOOG, GOOGL) held its highly anticipated I/O conference today, announcing new artificial intelligence initiatives. CFRA Research Senior...

) held its highly anticipated I/O conference today, announcing new artificial intelligence initiatives. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to discuss Google's AI moves and the future of the tech company.

He adds,"Alphabet continues to be that ultimate consumer company out there, and they are essentially the internet in many respects." The company could see some disruptions as the AI competition heats up; however, Zino feels that its upcoming opportunities across all sides of the business make the stock a good pick overall.

So um incremental improvements is how I would kind of look at what alphabet is doing here as far as A I is concerned. I'm just curious, Angelo, you know, we, we also just heard from uh you know, Sam Altman and his team at open A I uh um, if and when open A I launches their own search product Angelo and that's been reported on, um, what kind of competitive risk do you think that poses to Google's bread and butter search business?I mean, we, we did write a note about it yesterday and, you know, it, it's kind of wait and see and we kinda have to see exactly what they roll out with and, and how...

 

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