Alphabet Inc. (GOOG) has been making significant strides in the biotech sector, despite potential antitrust concerns, according to several market strategists. Its significant quantum breakthrough, set to revolutionize AI stocks in 2025, is turning heads. The company is diversely expanding its wings into various AI-related ventures, including a potential competition with Tesla's humanoid robot through partnership with Apptronik.
Alphabet's spinoff, SandboxAQ, has secured more than $300M in a new funding round. There are some concerns about share performance as the Q3 results evidenced a decline. However, the company's future looks bright, with industry insiders projecting vast possibilities for quantum computing. Interestingly, Alphabet's stock punctuated the year with a considerate price increase. Google's quantum computing breakthrough positions Alphabet as an appealing stock for purchase. However,
Caution is advised as not all ventures prove successful. The potential exit of TikTok could represent billions in revenue for Alphabet and Meta Platforms. Alphabet stock hit a record high based on Google's new AI model,
Gemini 2.0, and their new quantum chip. There are also plans to bring robot taxis to Miami.
Alphabet GOOG News Analytics from Mon, 21 Oct 2024 07:00:00 GMT to Fri, 20 Dec 2024 22:51:00 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 5
