Alphabet Inc‘s GOOGL GOOG innovation machine is revving up for 2025, and Wall Street has its eyes firmly set on the tech titan.
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Artificial intelligence (AI) was one of the driving themes in the market in 2024, powering a number of stocks to new highs. While there remains a lot of hype, AI is looking less like a fad and more like a huge technological shift.
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Alphabet (GOOGL) closed at $189.43 in the latest trading session, marking a +0.07% move from the prior day.
U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling around 175 points during the session.
Alphabet (GOOG -1.17%) (GOOGL -1.01%) had a solid 2024, with the stock up over 40% as of the time of writing. With that kind of performance, it would be understandable if investors thought it couldn't have a great 2025.
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Alphabet (GOOGL -1.01%) (GOOG -1.17%) made headlines toward the end of 2024, with its CEO telling its employees to be ready for an important 2025 while also warning that it would be a challenging year. While it may be a challenging year for the company, this could be the setup for a strong year for its stock.
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