Analysts rework Google stock price targets after earnings shock

Alphabet shares slumped in early Wednesday trading after the tech big posted a muted space of fourth-quarter earnings and unveiled plans for a critical make bigger in capital spending to tempo up its AI investment technique.

The Google (GOOGL) mother or father company, which collected generates the bulk of its sales from on-line searches, is calling to infuse AI technologies into that central division and its rising Cloud trade to enhance profit margins and drive efficiencies.