Alphabet (GOOGL) stock could benefit from new leadership as it chases OpenAI and Microsoft in the artificial intelligence space, according to one Wall Street analyst. The company has already notably tapped Google co-founders Larry Page and Sergey Brin to help innovate in A.I. But Needham & Company’s Laura Martin argues Sundar Pichai’s leadership, particularly the company’s inability to rally employees together, has held Google back in the A.I. arms race. Alphabet could benefit from breaking the company into smaller units too, Martin wrote in a note to clients on Monday. Martin argues YouTube’s estimated standalone value of $300 billion could provide shareholder value. Alphabet shares are down about 25% over the last year. In the video above, Martin discusses the outlook for Alphabet with Yahoo Finance’s Dave Briggs and Seana Smith. Key video takeaways: 00:00:05 - Why Google isn’t a product leader 00:01:03 - Wall street’s take on Alphabet’s leadership Read More...
Alphabet (GOOGL) stock could benefit from new leadership as it chases OpenAI and Microsoft in the artificial intelligence space, according to one Wall Street analyst.
The company has already notably tapped Google co-founders Larry Page and Sergey Brin to help innovate in A.I. But Needham & Company’s Laura Martin argues Sundar Pichai’s leadership, particularly the company’s inability to rally employees together, has held Google back in the A.I. arms race.
Alphabet could benefit from breaking the company into smaller units too, Martin wrote in a note to clients on Monday. Martin argues YouTube’s estimated standalone value of $300 billion could provide shareholder value.
Alphabet shares are down about 25% over the last year.
In the video above, Martin discusses the outlook for Alphabet with Yahoo Finance’s Dave Briggs and Seana Smith.
Key video takeaways:
00:00:05 – Why Google isn’t a product leader
00:01:03 – Wall street’s take on Alphabet’s leadership
Read More
