The bio-tech sphere has seen some significant occurrences for Google, a major player in the sector. Google's stock found support despite concerns about AI and legal troubles. An ongoing discussion is whether Google's possible breakup would affect Alphabet's stock negatively. However, the Stock Market closed at a record high despite a slump in China and Google's stock slide. Some suggest the recent dip in Google's stock is indeed a buying opportunity before Q3 earnings. The rise of TikTok's digital ad share could negatively affect Google's stock.
Fears were high as the US considered breaking up Google in a landmark antitrust case. Google made a significant move partnering with Vodafone expected to drive GOOGL stock higher. Google's stock suffered from a fallout with US Authorities. Their recent unveiling of the Gemini AI and Pixel 9 Phones shows they are gunning for more market share and possible surpass iPhone's 16 launch. Google's stock tumbled on the debut of OpenAI's SearchGPT, a serious contender. Despite these, Google's stock was expected to rise on its Q2 cloud growth.
Google's Parent Alphabet's stock suffered a slight decline mainly due to cost worries but analysts seem to remain optimistic about the company. Despite the announcement of Google Breakup, analysts remained bullish on Alphabet's stock due to its appealing pure-play assets.
Google Stocks News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Sat, 12 Oct 2024 12:21:11 GMT - Rating 1 - Innovation -2 - Information 4 - Rumor -3
