Alphabet Inc. Updates

Alphabet’s stock price has increased in recent days, with a notable surge on Tuesday following reports of a deal with Open AI.

  • The company’s software division has announced new developments for smartphone users.
  • On the legal front, Alphabet has secured a favorable ruling in California regarding allegations of unfair business practices.
    • The ruling was made by a US judge.
    • The case involved allegations of unfair business practices.
  • Alphabet’s autonomous driving unit, Waymo, has temporarily halted operations in Los Angeles due to self-driving cars being damaged during protests.
  • Despite these developments, Alphabet’s stock price remains relatively stable.
  • Key financial metrics include:
    • Strong market capitalization
    • Positive earnings ratio