Alphabet Cloud growth slumps as Microsoft Azure rebounds
Alphabet shares fell sharply after its cloud unit’s growth slowed to a near three-year low, raising concerns that the company is losing ground to Microsoft in the race to capitalize on generative artificial intelligence (AI). Microsoft’s Azure cloud platform, on the other hand, saw a rebound in growth in its first quarter, driven by cloud […]
Alphabet shares rises after rolling out Bard in Europe
Alphabet shares jumped 4.9% on Thursday, July 14, 2023, after the firm announced the launch of its artificial intelligence chatbot Bard across Europe and Brazil. The news allayed investor fears about outside regulatory hurdles, which had been preventing Bard from entering the EU. The stock, which is currently trading at $124.73, is on track to […]
Alphabet’s stock takes a dive after Google AI Chatbot makes mistake in ad
Alphabet, Google’s parent company, saw its stock plummet after a Google AI chatbot named Bard made an error in a company advertisement. The incident raised questions about AI technology’s accuracy and ability to handle complex tasks. During a live demonstration, the chatbot, which was designed to help businesses automate their customer service, failed to provide […]
Alphabet Targets $2 Trillion Market Valuation
Alphabet shares soared more than 8% after the company reported record quarterly sales that beat expectations. This pushed the company to soon reach a market valuation of $2 trillion, and the company’s stock market value peaked at just over $2 trillion after trading began, according to the trading session. With just over $2 trillion, Alphabet […]
