Why Shares of Alphabet (Google) Are Falling Today
Despite a strong day in the broader market, shares of (NASDAQ: GOOG)(NASDAQ: GOOGL) traded roughly 2.8% lower as of 12:59 p.m. ET today. The move came after ChatGPT's parent company, OpenAI, teased the launch of its artificial intelligence (AI)-powered web browser, ChatGPT Atlas.
Earlier today on X, OpenAI posted a very short video teasing its new web browser, and CNBC reported that it will soon be available to the general public.
Image source: Alphabet.
Source Fool.com
Alphabet Inc. A Stock
€263.85
1.290%
The stock is one of the favorites of our community with 149 Buy predictions and 4 Sell predictions.
As a result the target price of 299 € shows a slightly positive potential of 13.32% compared to the current price of 263.85 € for Alphabet Inc. A.
