Analysis shows that large Wall Street funds generally hold Google (Alphabet) stock, with 19 out of the 20 largest funds holding it.
Wolf Financial's analysis of the latest 13F reports as of June 30 shows that Google (Alphabet) attracted the most buyers during the same period, with 11 institutions increasing their holdings and 6 decreasing them. In contrast, only 9 of Wall Street's largest funds held Apple shares, while Microsoft did not attract new buyers, with 2 exits, and the number of funds holding positions decreased from 13 to 11. Despite concerns about AI spending, Google Cloud revenue still grew by 82% to $24.8 billion, cloud backlog increased to $514 billion, and Google has raised its full-year capital expenditure guidance to $195 billion-$205 billion.
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