Why Alphabet Stock Is Leading the Market Today

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have finally come to life on Wednesday after the company's I/O presentation yesterday. Alphabet announced numerous new AI products and advances that show Google is leading in artificial intelligence (AI), not falling behind. After years of worrying about AI disrupting the Google cash cow, the market has turned optimistic, and shares are up 5.5% for the day at 11:30 a.m. ET.Google held its I/O event yesterday and introduced a number of product enhancements like AI-mode in search, Android XR, and agent mode in the Gemini app. The company is leaning into its technology and infrastructure advantages to bear in more ways for both users and developers on Google Cloud.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool