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Technology stocks have helped lead the market higher over the past several years, and with the advent of artificial intelligence (AI), they look poised to continue to lead the way.
In the closing of the recent trading day, Alphabet (GOOGL) stood at $178.63, denoting a +1.59% move from the preceding trading day.
The emergence of generative AI has disrupted the old tech balance, forcing Apple, Google, and Microsoft into direct competition over AI integration and market dominance. Apple's partnership with OpenAI is a strategic move to catch up in AI, but it keeps options open, positioning Apple as a potential AI marketplace rather than committing to one partner. Microsoft is seen as an early winner due to its OpenAI alliance, but Apple's flexibility and potential to develop its own AI mean the outcome is far from decided.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Google's AI distribution advantage and surge.
Google has reportedly proposed changes to its search results ahead of a possible antitrust fine. [contact-form-7] That's according to a report Wednesday (July 2) by Reuters, citing an internal company document.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Google's AI distribution advantage and surge.
Google has made a new proposal to the European Union antitrust regulators aimed at avoiding a substantial fine related to alleged breaches of the EU's Digital Markets Act (DMA). Per a document seen by Reuters, Google suggests modifying its search results to better showcase rival services by giving a chosen vertical search service (VSS) a dedicated box at the top of search results.
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Alphabet's Google has proposed fresh changes to its search results in an attempt to fend off growing criticism from rivals, a week before a key meeting that could lead to yet another EU antitrust fine, according to a document seen by Reuters.
Research says Google's carbon emissions went up by 65% between 2019-2024, not 51% as the tech giant had claimed