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Alphabet Can’t Shake Off AI Concerns Even With Low Multiple (www.bloomberg.com)

submitted 1 week ago by [email protected] to c/[email protected]

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Persistent concerns that Alphabet Inc. has fallen behind in the artificial intelligence supremacy race has weighed on the stock this year, and not even the cheapest earnings multiple in about two years, or limited risk from tariffs, has been enough to entice investors.

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