A panel of experts says recent earnings show solid operations, but uncertainty remains around capital spending and valuations. They argue comparisons with the internet bubble are misplaced, since demand for AI remains very strong, and point to Anthropic's S-1 as evidence customers still pay a premium for its tokens. Google's ad business grew 12% but missed expectations. Another view holds that AI returns are not yet visible outside tech companies such as Eli Lilly and Walmart, so some investors are weighing waiting two years or moving into alternatives like bonds offering a risk-free return of about 6%. A panelist pushing back says AI is showing up in earnings through cost cutting, new product development, faster sales cycles and better supply chain management, though productivity is hard to measure.
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AI investmentartificial intelligencevaluationGOOGLbonds
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/29/2026 | 283.75 |
| Change that session | -12.66% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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