Alphabet Stock News

SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said it has raised $150 million from new investors including Google, Nvidia and BNP Paribas.

The stock market's current sell-off is disproportionately affecting artificial intelligence (AI) stocks due to their dominance over the past few years. Some stocks have gotten a bit overheated, causing them to be the first to sell off as investors take gains.

Companies clearly love to see their stocks soar. But one potential problem is when the stock reaches such a high level that it actually becomes difficult for some investors to access it -- or when the stock "looks expensive" at a particular level even if valuation shows it's reasonably priced.

As a whole, Magnificent Seven stocks were on pace to drop more than $800 billion in market cap. That reflects how tech stocks have led the broader market amid Thursday's steep sell-off.

Lyft's aspirations in the autonomous vehicle market are challenged by stiff competition, analysts say.

YouTube on Thursday announced new video creation tools for Shorts, its short-form video feed that competes against TikTok.  The features come at a time when TikTok, which is owned by Chinese company ByteDance, is at risk of an effective ban in the U.S. if it's not sold to an American owner by April 5.

Shares of the “Magnificent 7” - Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Nvidia, and Tesla - fell sharply following US president Donald Trump's sweeping tariff announcement. Apple Inc (NASDAQ:AAPL, ETR:APC) took the hardest hit, down 8.8% at $204, as its reliance on Chinese and Southeast Asian manufacturing puts it at direct risk.

One of the biggest trends driving the stock market over the last two years is artificial intelligence. Advancements in AI have the potential to change just about every industry in the world, and the technology is changing rapidly as big tech companies pour hundreds of billions of dollars into it.