Google and Alphabet stocks have seen significant leaps in prices, thanks to their recent breakthroughs and robust growth in AI and quantum computing technologies. The new quantum chip from Google has been touted as a 'breakthrough,' and Alphabet stocks have seen an uplift following this and the launch of Gemini 2.0 AI model, another burgeoning development. Nevertheless, Google has not been spared from ups and downs. The tech giant is under scrutiny with the Department of Justice (DOJ) considering breaking up Alphabet, a move seen as a radical antitrust remedy. This has led to fluctuations in Google's stock value. Notwithstanding, the company has shown resilience amid these challenges, bouncing back as it continues to record high stocks and unveil game-changing technologies. Some analysts suggest Alphabet's (GOOGL) explosive growth in Google Cloud is undervalued. Long-term investors, seeing its potential, are considering Google's stock as a must-buy. However, the threat of the DOJ's move and the presence of formidable AI competitors, such as OpenAI, could still impact Google's stock price significantly in the future.
Google Stocks News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 21 Dec 2024 17:18:57 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 2
