Why Alphabet Stock Popped Today
So long, Sora -- we hardly knew ya -- and while we're on the subject -- hello Veo!
Earlier this week, artificial intelligence pioneer OpenAI announced it's shutting down its Sora video generation project to cut costs and conserve computing power for more business-focused projects, which it hopes to sell to paying corporate clients. No sooner did Sora fall down, though, than (NASDAQ: GOOG) (NASDAQ: GOOGL) came up and kicked it.
Alphabet stock is up 4% at 1 p.m. ET.
Source Fool.com
Alphabet Inc. A Stock
€295.55
2.140%
With 165 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 331 € there is a slightly positive potential of 11.99% for Alphabet Inc. A compared to the current price of 295.55 €.
