The Omaha-based conglomerate now has sizable exposure to artificial intelligence.
Recent weakness in the market's hottest tickers has many investors suddenly rethinking everything.
Alphabet stock has gone straight up over the past year.
Today, the lowest-valued stock in the "Magnificent Seven" is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and it's not close. In fact, Alphabet even trades at a lower valuation than the overall market.
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It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.
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Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) doesn't get the same respect as its big tech peers. These stocks all trade at a premium to the market, as measured by the S&P 500 (SNPINDEX: ^GSPC), while ...