Amid the emergence of generative artificial intelligence, there’s debate over whether Google parent Alphabet (GOOGL) stands out as a tech industry leader or lags startup OpenAI. What’s clear is that generative AI presents new opportunities as well as risk for Google stock. ↑ X NOW PLAYING From Search To Advertising, Will Google’s Big AI Bet
Internet television network Netflix (NFLX) touted its rapidly expanding base of ad viewers at its upfront presentation to advertisers in New York City. Netflix stock was little changed, but ad tech stocks Magnite (MGNI) and Trade Desk (TTD) surged on the news. X Late Wednesday, Netflix revealed that its ad-supported service tier now has 40
Amazon (AMZN) said Wednesday that it has invested an additional $2.75 billion in Anthropic, completing a $4 billion deal with the artificial intelligence startup from late last year. Amazon stock edged higher in afternoon trades. X In a deal first announced in September, Amazon committed an initial $1.25 billion to Anthropic for an investment deal
Even giants stumble sometimes. Google-parent Alphabet (GOOGL) got caught in the market downturn the first quarter of last year and reported a drop in earnings growth on a minuscule sales gain. Then it blasted off, posting rising earnings and sales growth, including 42% profit surges the past two quarters. On Tuesday, the Relative Strength (RS)