GOOG Stock Recent News

Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup said on Monday.

The three stocks in this article, Apple, Amazon, and Google, all look as if they are going to struggle in general, as the market continues to look very risk adverse, and there is nothing out there that suggests that this is going to change quickly.

Since ChatGPT burst onto the scene 2½ years ago, Wall Street has wondered whether it was a major threat to Google's search business. And with Alphabet Inc.'s stock now 25% off its highs, a Melius Research analyst is exploring that question with a bit more intensity.

The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.

For more than two years, nearly any stock tied to artificial intelligence (AI) was sizzling hot. That's no longer the case.

These two growth stocks are among my top picks for long-term investors looking for ways to play a continuation of the rebound we've seen in recent weeks.

Hedge funds employ all sorts of techniques to help craft their investment strategies. For example, some firms hold hundreds or even thousands of stocks, providing them with a high degree of diversification across industry sectors and company sizes.

Like many tech stocks, Alphabet's (GOOGL -4.83%) (GOOG -4.89%) stock pulled back in recent months. Investors still question its position in the artificial intelligence (AI) landscape, which isn't helping the company's stock.

Following the recent market pullback, a number of high-quality tech stocks based in artificial intelligence (AI) are now trading at more attractive prices. This is a great opportunity to purchase shares of these market-leading companies.

GOOG's recent selloff, driven by the bursting AI bubble and regulatory concerns, presents a rare buying opportunity with high double digits upside potential. If anything, its robust top/ bottom-line growth, diversified AI-powered offerings, and promising long-term growth drivers support a Strong Buy rating. This is especially since the expensive WIZ acquisition is likely to trigger renewed growth opportunities through enhanced cybersecurity offerings during the multi-year AI boom.