Alphabet's $165B Cash Flow Drives AI Edge as Shares Hit $340

Analysts spotlight Alphabet's cash flow as its primary AI advantage, surpassing models like Gemini. The firm posted $165 billion in 2025 operating cash flow and eyes ~$180 billion capex in 2026 to power chips, data centers, and research without profit erosion. This financial muscle lowers risks for AI bets at a $4.1 trillion market cap, with shares near $339–$340 and 52-week high of $349, positioning it as a steady long-term play.