Alphabet shares rose 1.81% on Thursday afternoon, according to Benzinga. The stock gained following announcements at the company’s annual developer conference, including an upgrade to its Veo 3 AI video tool, according to Benzinga. CEO Sundar Pichai unveiled a new “AI Mode” for Search and Chrome, signaling Google’s deeper move into generative AI with a chatbot-style user experience. JPMorgan and Goldman Sachs reiterated bullish views, citing Alphabet’s acceleration in AI product launches. Analysts from Citizens, JPMorgan, and Goldman Sachs shared their views on Alphabet’s latest product announcements. Citizens’ Andrew Boone maintained a Market Perform rating, while JPMorgan’s Doug Anmuth and Goldman Sachs’ Eric Sheridan reaffirmed bullish ratings with \$195 and \$200 price targets, respectively.
