Bank of America revamps Alphabet stock after Google enters two key partnerships
thestreet.com • • general
Key Points:
- Google’s stock is rising as new partnerships linked to its Gemini AI models, including deals with Walmart and Apple, open potential new revenue streams and enhance its AI capabilities.
- The Walmart partnership integrates product discovery and purchasing within the Gemini chatbot, while the multi-year Apple collaboration will incorporate Gemini AI into Apple Intelligence features, including an improved Siri by 2026.
- Alphabet’s market valuation recently hit $4 trillion, with shares up 5.3% year-to-date and a 65.35% gain in 2025, driven by growing confidence in Gemini’s traction and AI monetization potential.
- Bank of America raised Alphabet’s price target to $370, citing the Apple and Walmart deals as key endorsements of Google’s AI
