Alphabet shares fell on Friday, extending losses from the previous session after a report suggested Google's flagship Gemini 3.5 Pro artificial intelligence model is running behind schedule. Alphabet GOOGL stock declined about 2% on Friday after falling roughly 4% on Thursday following the report.
The stock is being hit by worries its artificial intelligence might be falling behind the competition.
As it turned out, it was Warren Buffett who was to thank for Berkshire Hathaway‘s (NYSE:BRK.B | BRK.B Price Prediction) big bet in Alphabet (NASDAQ:GOOG).
GOOGL heads into Q2 earnings with AI-fueled momentum in Search, Cloud and YouTube, even as heavy infrastructure spending pressures near-term margins.
Artificial intelligence has turned from a software race into an infrastructure arms race.
Ahead of Alphabet's Q2 2026 earnings report, Bank of America has struck a bullish tone, and our proprietary model largely agrees.
Alphabet shares currently trade at $354.46 while Wall Street's consensus analyst price target sits at $431.72, a gap of roughly 21.8% between current price and fair value.
I keep adding to my position in Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction), and the July 22 earnings report will reinforce the trade.
Google parent Alphabet is set to report earnings after the closing bell on Wednesday, with traders anticipating a sizable move from the tech giant's stock.
Indonesia is preparing sweeping changes to its copyright law, including granting copyright privileges to people who use artificial intelligence to help them generate content, a draft bill reviewed by Reuters showed, setting up a potential showdown between the government and major tech platforms.
Nearly 100 Google workers rallied near the company's Mountain View headquarters. More than 4,500 employees signed a petition seeking stronger layoff protections.
Google is months behind schedule on delivering its most powerful artificial intelligence (AI) model, Gemini 3.5 Pro, Bloomberg reported Thursday (July 16), citing unnamed sources. The company was widely expected to release 3.