Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures. It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings. Read More
Shares of Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) are leading the Nasdaq-100 higher on Wednesday after the company unveiled a major overhaul of its Google search engine during its annual I/O developer conference.
Shares of online advertising giant Alphabet (NASDAQ:GOOGL) jumped 5.2% in the afternoon session after the company rolled out new AI tools at its annual I/O show, which was well received by Wall Street as it laid out a detailed plan to maintain its dominance in the web search market.
U.S. equities trading was mixed on Wednesday, with major indices showing limited movement by midday as investors remained cautious amid renewed concerns over fiscal policy, which pressured Treasury bonds and the dollar.
Warby Parker stock soared after partnering with Google on AI-powered smart glasses. Google committed $150 million, aiming for a post-2025 launch of intelligent eyewear.
Google's new smart glasses partnership and real-time voice translation feature show strong technicals and potential for a stock rally, boosting investor sentiment.
Epic Games' popular battle royale game "Fortnite" has returned to Apple Inc.'s App Store in the United States after a nearly five-year absence, marking a significant shift in the mobile app ecosystem following a federal court ruling against Apple's payment practices.
Perplexity AI CEO Aravind Srinivas believes search giant Google is currently at its most vulnerable since its founding over two decades ago, caught between its legacy dominance in search advertising and the fast-moving disruption of AI-native search.
