Analysts Back Alphabet as Top AI Stock; EU Proposes Search Data Access
60 of 67 analysts rate Alphabet as buy or outperform, citing strong cash flow from search funding AI investments. EU Commission sent preliminary Digital Markets Act findings requiring Google to give third-party search engines and AI chatbots access to search data, with feedback due May 1.
1. Wall Street Analysts Recommend Alphabet as AI Leader
60 of 67 Wall Street analysts have assigned buy or outperform ratings to Alphabet, highlighting its dominant search business that generates robust cash flow to underwrite extensive AI infrastructure investments. Analysts note that Alphabet’s valuation remains attractive despite heavy capital spending as underlying earnings power supports continued AI research and development.
2. EU Commission Proposes Third-Party Search Data Access Under DMA
The European Commission has delivered preliminary findings under the Digital Markets Act, proposing that Google must grant third-party search engines and AI chatbots access to its search data. Interested parties have until May 1 to submit feedback, with the Commission planning a final decision in July to enhance competition in digital search and AI services.