AI, Google and Meta
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Alphabet ( GOOG +1.44%) stock continued its strong run with the shares up as high as 3.2% in early morning trading. The move today comes as news broke that Meta is reportedly in talks with Alphabet's Google to buy AI chips from it.
Top tech investor Gene Munster says the Google parent is the best Magnificent 7 stock to own as it becomes increasingly dominant in AI.
S ergey Brin bumped Oracle’s Larry Ellison on Tuesday to become the world’s third-richest person, ranking behind fellow Google cofounder Larry Page, as parent firm Alphabet’s stock has rallied in recent weeks on optimism for its AI business.
In a brutal month for AI-related tech stocks, Google-parent Alphabet has been bucking the trend. It isn’t as if Google has become some sort of AI counterplay. The company is squarely in the race to develop the most advanced AI models and is spending mind-blowing sums to do it.
Alphabet stock jumped nearly 6% Monday as Googles Gemini 3 AI model ignited a sharp rebound. Shares of GOOGL and GOOG traded above $300 for the first time and hit $317.75 intraday. Analysts said Gemini 3 outperforms OpenAI and Anthropic and uses Googles custom AI chips,
The stock has already more than doubled over the past year, currently trading around $380. Hence, the obvious question arises: what would be necessary to
Shares of the Google parent rose to a record high valuation of $3.84 trillion on Monday and extended their advance this year to around 68%.