The dominant themes revolve around
Alphabet Inc., the parent company of Google, and its developments and challenges in the
bio-tech and computing fields. The company's shares have hit a record high of
$203.02, following a robust growth period, closing for the first time above $200 on a split-adjusted basis. Shades of optimism are evident in
quantum computing and artificial intelligence as Alphabet takes steps towards advancements. However, the company is also facing several challenges, including a potential antitrust case with the
Department of Justice (DOJ) over selling Chrome. This has led to a stock dip despite other positive developments, like Google's new AI tool for 'Agentic Era' and the quantum chip breakthrough. Google's rivalry with other tech giants, Jeff Bezos-backed Perplexity AI, and others are also keynotes. Skepticism about Google's stock remains—with several speculating the stocks may fall—but some analysts propose that the stock could reach up to $220 per share.
Google Stocks News Analytics from Wed, 29 May 2024 07:00:00 GMT to Fri, 24 Jan 2025 21:06:53 GMT -
