Google stocks have been in a dynamic phase. Shares of the tech giant have been on an upward trend after reports of the company buying back billions worth of its
own stock sent positive signals to the market. Reports of a
monster insider trading alert stirred mixed reactions among investors.
With
Facebook and
Google stocks taking different paths in Q1 earnings, analysts believe that
Google’s investment in
Alphabet remains an attractive buy. The search engine giant hit an all-time high after promising results from the earnings and the positive sentiment of investors as reported by some analysts.
The evident competition in the
AI sector with
Microsoft and
OpenAI is pushing Google to strategically advance, however the impact this has on its stock remains uncertain. Reports of
Apple considering using
Gemini AI on iPhones and the subsequent positive impact on Google stocks could be beneficial in the long run.
A report about Google’s first-ever dividend has also contributed to the uptrend. However, AI-related concerns have led to occasional fluctuations, causing temporary drops in the company’s market cap.
Google Stocks News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 17:58:00 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -2
