Alphabet Inc. is a multinational conglomerate primarily known for its role as the parent company of Google
It engages in a diverse range of activities, including internet search, digital advertising, software development, and hardware manufacturing. Alphabet's portfolio includes popular platforms and services such as YouTube, Google Cloud, and Android, as well as various initiatives in fields like artificial intelligence, autonomous vehicles, and health technology. The company's mission revolves around organizing the world's information and making it universally accessible and useful, while also exploring innovative solutions to enhance everyday life.
Alphabet Inc.'s Class C stock (NASDAQGOOG) is moving higher Wednesday as Google DeepMind unveils Gemini Robotics, a new AI-driven robotics platform powered by its Gemini 2.0 model.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Alphabet’s rumored purchase of eye-tracking technology company AdHawk Microsystems will likely give the former a big push into headsets and smart glasses.
Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.
As Apple reportedly reconsiders its AR glasses strategy, Google is moving forward with a $115 million acquisition of eye-tracking startup AdHawk to bolster its next-gen smart glasses efforts.
While Nvidia has been the undisputed winner in the AI boom, the market is shifting its focus beyond chipmakers to companies integrating AI into their business models.
