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The Turkish Competition Authority said on Thursday it had decided to impose an administrative fine of around 355 million lira ($8.87 million) on Google for failing to comply with regulatory obligations.

While $50,000 may seem like a huge chunk of money to invest in the stock market, fractional shares have made any amount enough to get started. So, whether you have $50 or $50,000, you can get started investing.

This has been an interesting year so far for stocks. At the time of writing, the broad market is up around 7%, which would normally be considered a stellar performance for the first half of the year.

Alphabet (GOOG 1.37%) (GOOGL 1.15%) stock advanced in artificial intelligence (AI) today, announcing that the company's Gemini personal AI assistant software is coming soon to a smartwatch near you. Alphabet stock jumped 3% on the news initially, before retreating to something more like a 1.2% gain as of 2:45 p.m.

Oppenheimer raised its price target on Alphabet Inc (NASDAQ:GOOG) to $220 from $200, citing strong consumer adoption of the tech giant's AI Mode and a bullish valuation outlook for its self-driving unit Waymo. The brokerage, which reiterated its "Outperform" rating, said a recent survey of US adults showed Alphabet's AI Mode is increasingly seen as superior to both traditional Google Search and OpenAI's ChatGPT among users familiar with the technology.

OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet's market-dominating Google Chrome, three people familiar with the matter told Reuters.

Alphabet's Google said it failed this week to resolve disagreements with hotels, airlines and specialised search services such as Skyscanner over how it presents search results, putting it at risk of a hefty European Union antitrust fine.

CNBC's Steve Kovach reports on Samsung's latest technology announcements, including new AI features, its next folding smartphone and more.

Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as the startup looks to challenge the dominance of market leader Alphabet's Google Chrome.

Alpahbet's discounted valuation at FWD P/E of 18x is mind-blowing, despite its increasingly dominant positions in AI, streaming, cloud, and robo-taxi, amongst others. This is especially since Gemini is reporting accelerating user growth compared to OpenAI's ChatGPT, with it well supported by Alphabet's robust cash flows and rich balance sheet. The same has been observed in its highly profitable YouTube and Google Cloud segments, as their respective market shares grow compared to their stagnant peers.