Alphabet (GOOG, Financial) was a key holding in the BlackRock Capital Allocation Term Trust Q2 2024 commentary, reflecting its strategic importance in the portfolio. The company's advancements in AI and cloud services continue to drive growth, despite facing regulatory headwinds.
"Alphabet's leadership in AI and its expanding cloud services are pivotal to its growth strategy, making it an essential part of our portfolio." — BlackRock Capital Allocation Term Trust, Q2 2024 Fund Letter
Read full letter at gurufocus blackrock capital allocation term trust q2 2024 commentary 2024 Q2 page.