Google's parent company,Alphabet Inc.(NASDAQ:GOOGL), (NASDAQ:GOOG) has regained its momentum, according toWedbush Securitiessenior analyst,Dan Ives. He predicts a bright future for the tech giant, especially in the field of artificial intelligence.
What Happened: Ives, in an interview with Bloomberg TV, expressed his confidence in Google's future, particularly in AI and advertising. He stated that the company's "mojo" is back and that the tech giant is just getting started in the AI race. Despite the positive outlook, Ives acknowledged that Google still has a long way to go in the AI sector.
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