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Alphabet Stock (NASDAQ:GOOGL): AI Innovation Warrants a Higher Multiple

Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) stock has performed well but still hasn’t been the most magnificent of the so-called Magnificent Seven group over the past year. The artificial intelligence (AI) rally is still going strong into 2024, and though Alphabet has big AI innovation projects (perhaps better than some rivals), the stock still hasn’t been able to drive a great deal of multiple expansion in recent years. At writing, shares of GOOGL go for a very reasonable 22.2 times forward price-to- ....

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Is writing now changing the world for the worse?

How do you feel about writing? Does that sound like a bizarre question? OK, what about this? Do you worry that you don’t read enough? About the encroachment of screen time into book time? About the decline of letter-writing or penmanship? In universities, where ChatGPT has made a nightmare of written assessments, lecturers have had ....

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Alphabet Illegally Refused to Negotiate With YouTube Contract Staff, Labor Board Rules

(Bloomberg) Alphabet Inc. has illegally refused to negotiate with a group of YouTube Music contract workers who voted to unionize, the US labor board ruled.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandBusiness Insider Says Ackman’s Wife Plagiarized Doctoral ThesisTech’s Losing Streak Extends Ahead of Jobs Test: Markets WrapConfidential Jeffrey Epstein Documents Unsealed by New York CourtThe Wedn ....

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