Why Alphabet Stock Just Popped

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock jumped nearly 3% earlier in the day before retreating to about a 1.3% gain as of 2 p.m. ET Tuesday. It's not a huge increase -- but then again, you don't expect $2.2 trillion market cap companies to make huge increases in percentage terms all that often.What's interesting about the gain, though, is what caused it.According to a Reuters exclusive report this morning, artificial intelligence (AI) leader OpenAI is planning to utilize Alphabet's Google cloud service to help carry the load of its AI operations. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool