Why Alphabet Stock Popped Today
Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) jumped 3.3% through 10:30 a.m. ET Monday. Part of the reason was investor optimism over the prospect that the government shutdown may be nearing its conclusion -- but that wasn't the only reason.
As Bloomberg reports, Apple (NASDAQ: AAPL) plans to upgrade its iPhones for improved access to satellite communications -- and also to upgrade the artificial intelligence powering its Siri virtual assistant. Key to that latter upgrade will be paying Alphabet $1 billion a year for a "custom" model of its Gemini AI to back up Siri.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
308,80 €
6,79 %
Klare Kaufstimmung für Alphabet Inc. A: Viel mehr Buy- als Sell-Einschätzungen.
Für Alphabet Inc. A sieht die Community ein leicht positives Kursziel von 334 €, verglichen mit dem aktuellen Kurs von 308.8 €.
