GOOGL's Massive Tech Transformation & META's Strong Product-Driven Enhancements

Loop Capital downgraded Alphabet (GOOGL) to hold from buy. Renita Young discusses how the Loop Capital analyst notes that GOOGL's concern about maintaining its current position through "massive technology transformation" to A.I. Loop Capital says that GOOGL could hold back the stock's valuation. Loop Capital has a $125 price target for GOOGL. Renita also discusses Loop Capital's take on Meta Platforms (META). They note that META should see strong product-driven enhancements with Advantage+. Tune in to find out more about the stock market today.