Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio.
On June 4, 2026, IBM (IBM), together with Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud, launched a new Google Cloud Practice to enhance enterprise AI scaling alongside core system modernization
The new practice integrates IBM Consulting Advantage with Google Cloud’s Gemini Enterprise Agent Platform. Representing a multi-billion-dollar services opportunity, the new practice allows for thousands of certified IBM consultants to help clients deploy enterprise-grade AI agents as well as manage a complex hybrid technology environment. Kevin Ichhpurani, President, Global Partner Ecosystem at Google Cloud, made the following statement.
This partnership significantly expands the pool of expert Google Cloud consultants in the market to meet surging demand for AI. In a separate development, on June 1, 2026, Piper Sandler raised the price target on Alphabet Inc. (NASDAQ:GOOGL) from $425 to $445. The firm’s analyst Thomas Champion maintained an Overweight rating on the stock.