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00:03BNP Paribas analyst Nick Jones said Google is strengthening its position in agentic AI
00:08through its vertically integrated cloud strategy, according to Benzinga. He said combining its own
00:14chips with third-party GPUs and integrating across platforms should drive higher enterprise
00:19cloud and AI spending. BNP Paribas set a $390 price forecast, implying about 15% upside from
00:28$339.30. Jones said the shift from proof-of-concept to scalable AI agents could support cloud revenue
00:35growth. He said easier data access and multi-cloud capabilities reduce friction and support higher
00:41budgets. Google's capital expenditure remains reasonable. Alphabet shares were up 0.06%
00:48at $339.10 during pre-market trading on Friday, according to Benzinga Prodata.
00:54For all things money, visit Benzinga.com.
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