Alphabet Stock Is Soaring Today: Is It a Buy on Potential Apple News?
Investors were delighted with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock this morning after a report that the company was in talks with Apple (NASDAQ: AAPL) to make its Gemini AI chatbot available on the iPhone.
Although talks are ongoing and no deal has been announced, the report led to a surge in Alphabet shares on Monday as investors seemed to believe it was a sign that the company was overcoming the negative publicity and other challenges that have been associated with its AI technology thus far. As of noon ET today, the stock had gained as much as 7.8%, approaching an all-time high, while Apple was up as much as 3%.
Image source: Getty Images
Source Fool.com
Alphabet Inc. A Stock
€146.90
-1.080%
With 96 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a positive potential of 20.49% for Alphabet Inc. A compared to the current price of 146.9 €.
