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Alphabet shares slide as Apple seeks AI alternatives to Google search
Shares in Google’s parent Alphabet fell by as much as 9 per cent on Wednesday after a top Apple executive said the iPhone maker was “looking at” introducing alternative search engines for its web browser powered by artificial intelligence.
Cue also disclosed the particularly concerning detail that searches on Safari dipped for the first time ever last month, ...
A Bloomberg report revealed Apple services head Eddy Cue’s perspective that AI-powered search engines are poised to supplant ...
Apple "has incentive for Google to appear weaker in search," at least one analyst said Thursday, brushing off the sharp drop ...
It was Alphabet stock, not trade talk, that sent the Nasdaq Composite lower on Wednesday. Shares of the Google parent company ...
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With shares down almost 8%, Google lost more market cap Wednesday than the total valuation of Nike or Starbucks.
Shares of Alphabet Inc. fell more than 7% on Wednesday after testimony from an Apple Inc. executive hinted at potential ...
Alphabet Inc.'s significant Wednesday afternoon stock drop raises concerns about potential impacts on the cryptocurrency ...
Google's ability to increase revenue, and successfully incorporate AI, coupled with Alphabet's attractive P/E ratio, makes its stock a worthwhile long-term investment. So if you own shares ...
Alphabet stock sank on Wednesday after comments from an Apple executive stoked concerns that artificial intelligence is ...
Google has been worrying about losing search share to AI engines like ChatGPT for a couple of years.
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