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Alphabet shares slide as Apple seeks AI alternatives to Google search
Shares in Google’s parent Alphabet fell by as much as 9 per cent on Wednesday after a top Apple executive said the iPhone maker was “looking at” introducing alternative search engines for its web browser powered by artificial intelligence.
Investors have long fretted over risks posed by AI to Google's search business. The threat has became much more immediate.
A Bloomberg report revealed Apple services head Eddy Cue’s perspective that AI-powered search engines are poised to supplant ...
This past week was a big win for the Google bears, but we’re sticking with our bullish bet on Alphabet stock. The company’s ...
Recent remarks from an Apple executive that Searches through the Safari browser fell in April are weighing heavily on ...
Cue also disclosed the particularly concerning detail that searches on Safari dipped for the first time ever last month, ...
Google parent Alphabet lost about $150 billion in market capitalization Wednesday amid worries it could lose ground to ...
Apple "has incentive for Google to appear weaker in search," at least one analyst said Thursday, brushing off the sharp drop ...
Alphabet Inc.'s significant Wednesday afternoon stock drop raises concerns about potential impacts on the cryptocurrency ...
Alphabet stock sank on Wednesday after comments from an Apple executive stoked concerns that artificial intelligence is ...
Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking damages of 2.97 billion euros ($3.34 billion ...
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