Alphabet Stocks Drop Although TPU Sales Escape Google's Cloud

Alphabet NASDAQ:GOOGL, the search, cloud and AI-infrastructure company, received a Wells Fargo price-target increase to $417 from $411 as the bank raised expectations for external TPU sales. Shares stood at $342.15 at 10.20 EST in the October 7, down approximately 0.7%. The target nudged higher. Th…