#ALPHABET News

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Google’s ChatGPT Prototype Cost the Company $100B in Market Cap

watcher.guru While ChatGPT continues to be the talk of the town, its spinoff Bard, created by Google, has also amassed its own fair share of traction. Both chatbots are still in their…

Zoom was a pandemic darling. Now it’s part of the tech layoffs wave

washingtonpost.com Early in the pandemic, Zoom appeared in our socially starved world like water in a desert. Video calls weren’t new, but Zoom, which was founded in 2011, was mass-adopted…

US Stocks On Recovery Course As Earnings Lend Support: Fed's Hawkish Stance May Unwind Rally In High-Value Names, Says Analyst

benzinga.com The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a…

Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring

businessinsider.com ChatGPT has surged in popularity over recent months. Thinkhubstudio/Getty Images Alibaba is testing a rival to ChatGPT, according to reports, as tech firms race to tap into…

Google AI Chatbot’s Factual Error in Ad Costs $100bn

asiafinancial.com Shares of US tech giant Google (Alphabet Inc) lost $100 billion in market value on Wednesday after its new AI chatbot Bard, touted as a competitor to ChatGPT, shared…

Marketmind: Corporate scatter

reuters.com A look at the day ahead in U.S. and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a confusing macro picture - but offers…

Google's Search Dominance

statista.com Google has been the market leader in online search for decades. To ‘Google’ something has even become a commonly accepted term. As our chart shows, when it comes to search…

When professional stockpickers beat the algorithms

economist.com L plunging markets left few investors smiling. Stocks and bonds fell in tandem; haven assets failed to offer safe harbour. Doing well meant making single-figure percentage…

In Congressional testimony, Southwest executive to apologize over operational failure - Morning Brief - Marketplace Minute

megaphone.fm Southwest Airlines to make winter operations more resilient, executive says; Alphabet fumbles AI promotion; Disney to cut 7,000 jobs To learn more about listener data and…

The True Beneficiary Of ChatGPT Is C3.ai, Not Microsoft

seekingalpha.com With its investment of $10 billion in OpenAI, Microsoft (NASDAQ:MSFT) seems to be opening pandora's box of possibilities with ChatGPT, which may even benefit its Bing search…

Does Google Still Have All the Answers?

generalist.com If you only have a few minutes to spare, here’s what investors, operators, and founders should know about Google, ChatGPT, and the future of search. Humans will travel a…

Shares Slide 7% as Analysts Disapprove of Google AI Event

coinspeaker.com Shares Slide 7% as Analysts Disapprove of Google AI Event Alphabet Inc Cl A (NASDAQ: GOOGL) shares closed Wednesday trading at $99.37, down approximately 7.68 percent from…

Why Alphabet Stock Plunged Today

fool.com Shares of Alphabet (GOOG -7.44%) (GOOGL -7.68%) were taking a dive today after the market reacted poorly to its AI event this morning. The biggest issue seemed to be that…

When Having a Baby and Losing Your Job Collide

nytimes.com Alex Gable was laid off from his job while he was on parental leave. At tech companies that spent recent years expanding paid parental leave, parents have felt the whiplash…

Stocks push ahead as earnings counter uncertainty over interest rates

investing.com Stocks, and gold rose while the dollar eased on Thursday as investors sifted through earnings reports, German inflation data and Federal Reserve policymaker speeches for…

Alibaba is launching a ChatGPT rival too

cnn.com Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump on the chatbot bandwagon. The Chinese behemoth said it was testing an…

Google AI chatbot Bard sends shares plummeting after it gives wrong answer

theguardian.com Google’s debut of a new AI-powered search bot got off to a bumpy start after it shared inaccurate information in a promotional video, wobbling investors’ confidence. Google…

Google’s stock dips on demonstration of its AI chatbot, Bard

marketwatch.com Shares of Google parent Alphabet Inc. dropped more than 8% Wednesday following the official demonstration of Google’s new AI chatbot, Bard, just one day after Microsoft…

Daily Open: The Fed made sure U.S. markets are listening: Interest rates will continue rising

cnbc.com Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. After weeks of defying the Federal…

Why did Alphabet stock slip today? Blame Bard mistake, underwhelming AI event

seekingalpha.com Google (NASDAQ:GOOG) (NASDAQ:GOOGL) shares closed down nearly 7.5% on Wednesday after the tech giant showed off several artificial intelligence-linked updates to its…

China’s Tech Companies Are Joining The Hyped-Up Race To Develop ChatGPT-Style Services

forbes.com China’s internet companies are racing to develop their own versions of ChatGPT-style services amid the global frenzy around the conversational AI chatbot, but questions are…

Salesforce’s Bret Taylor to Start AI Firm With Departing Google VP

yahoo.com Bret Taylor, who recently resigned as co-chief executive officer at Salesforce Inc., is forming an artificial intelligence startup with outgoing Google Vice President Clay…

Morning Bid: Bar-duh

reuters.com A look at the day ahead in European and global markets from Wayne Cole. Surely the most fun story today, unless you are an Alphabet shareholder, is Google's new Bard AI…

Chinese state media, AI companies warn of risks in ChatGPT stock frenzy

investing.com Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI) companies urged investors to be…

Despite Alphabet's AI event flop

cnbc.com on Wednesday unveiled new features on its search and map products, enabled by artificial intelligence, just one day after Microsoft (MSFT) rolled out a similar strategy for…

What to expect from PayPal's earnings report

yahoo.com After last week’s surprise layoffs at PayPal, all eyes this week will be on the release of the company’s earnings report for the last quarter of 2022. Stock analysts expect…

Stock Market Closed Near Day's Lows; Pure Barre Parent Gaps Down Sharply

investors.com The major stock market indexes didn't make any progress Wednesday afternoon and closed near the lows of the day, as investors weighed mixed earnings reports. The Dow Jones…

As big tech’s growth and innovation slow, its market dominance endures

foxbusiness.com The top U.S. technology companies were once a rare combination of big, fast-growing and ferociously innovative. Now, they are mostly just big. Their growth has ebbed and…

A.I. hype lifts Microsoft shares at Alphabet’s expense. An opportunity may be emerging for investors

cnbc.com This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. The market acts better, even during the…

Zoom and eBay join Dell, Okta, Spotify, Google, Intel, Microsoft, Amazon and other tech companies making layoffs

marketwatch.com Zoom and eBay have joined Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter…

Google shares plummet after chatbot 'Bard' gives bad answer

yahoo.com A selloff of Alphabet Inc shares knocked $100 billion in market value from Google's parent company on Wednesday after its new artificial intelligence chatbot "Bard" shared…

Pro Picks: Watch all of Wednesday's big stock calls on CNBC

cnbc.com Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Uber after it beat fourth-quarter earnings expectations…

Daily Open: U.S. markets got the Fed’s message: Interest rate hikes are probably here to stay

cnbc.com Christopher Waller, governor of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. After weeks of defying the…

Disney to cut 7,000 jobs worldwide in effort to save $5.5bn in costs

theguardian.com Disney on Wednesday announced a sweeping corporate restructuring that will result in 7,000 people losing their jobs as part of an effort to achieve $5.5bn in cost savings.…

Alphabet Stock Plunge Erases $100 Billion After New AI Chatbot Gives Wrong Answer In Ad

forbes.com Shares of Alphabet slipped on Wednesday after reports that promotional material for the Google parent's new artificial intelligence chatbot contained inaccurate…

Google lost $100b after its AI made a factual error in a demo

morningbrew.com Still don’t believe that generative AI is breaking new ground? When was the last time you saw a human make a $100 billion mistake? Google showed off its answer to…

As ChatGPT mania takes hold, here's how companies beyond tech are using A.I

cnbc.com ChatGPT is kicking off an artificial intelligence revolution , but it's not just big technology stocks that are taking a cue. AI's been in use for years, of course, helping…

AI is pretty complicated

financialjuice.com A selloff in technology stocks weighed heavily on trading on Wednesday, with the most recent string of Federal Reserve speakers reinforcing the notion that interest rates…

How will Satya Nadella handle Microsoft’s ChatGPT moment?

economist.com M have met Satya Nadella like him. For those who haven’t, a skim through his autobiography endorses the view that the boss of Microsoft is an intelligent, decent sort of…

Investors' query: Can Google answer Microsoft's AI threat?

marketbeat.com Google, a company built on finding quick answers to people's questions, suddenly finds itself grappling for a response to a potential threat to its internet empire — a form…

See the presentations that hot healthcare startups used to raise millions from top VCs

businessinsider.com CEO Sean Duffy, pictured, co-founded chronic care provider Omada Health with Adrian James. Omada Health Startups have raised billions on the promise of disrupting…

Google shares tank after ChatGPT rival Bard's mistake

fortune.com The artificial intelligence wars are heating up, with tech companies large and small racing to outdo one another and get their A.I.-powered product to market. But the…

Why the AI stock rally isn’t another meme craze, according to a top investor

yahoo.com The latest stock rally in companies hawking new artificial intelligence (AI) tools could be somewhat justified, one top investor said, unlike the meme stock frenzy that…

Advisors: Here’s How We Can Use ChatGPT

barrons.com ChatGPT, the artificial-intelligence language generation model developed by OpenAI, has created a ton of buzz, much of it from investors and businesses. The technology…

ChatGPT's founder blasts Google as a 'lethargic search monopoly' as the tech giant's AI war with Microsoft heats up

businessinsider.com Sam Altman took at dig at Google's search engine in a recent interview. Ramin Talaie/Getty Images and Kimberly White/Getty Images for GLAAD OpenAI CEO Sam Altman called…

Is Google’s 20-year search dominance about to end?

economist.com Advertisers pay handsomely for access to Google’s users, not least because they are typically only charged when someone actually visits their website. The revenue of…

There's a big macro shift taking place that could erase the bulk of this year's stock market gains

businessinsider.com (Photo by Scott Heins/Getty Images) The stock market is on the verge of undergoing a significant macro shift that could threaten its recent gains in the short term. That's…

Alphabet Stock Slides. Bing Threatens Google Search

barrons.com Alphabet stock is getting crushed Wednesday amid sudden investor anxiety over the threat posed to its Google search business from a revived Microsoft Bing. The launch of…

Google's AI chatbot Bard called out for inaccurate response in public demo

cnn.com Google’s much-hyped new AI chatbot tool Bard, which has yet to be released to the public, is already being called out for an inaccurate response it produced in a demo this…

Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more

cnbc.com Check out the companies making headlines in midday trading Wednesday: Lumen Technologies — Shares fell 22.5% after the cloud network data company reported a fourth-quarter…

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