Google stock hits all-time high after government backs down and it has AI rivals to thank
via fortune.com
Short excerpt below. Read at the original source.
Alphabet’s shares surged to a record high Thursday, after U.S. regulators stepped back from a proposed set of new restrictions on large AI platforms — a decision that unexpectedly strengthened the hand of Google’s parent company. But while regulatory relief is one factor, analysts say the real driver behind Google’s market-breaking rally lies in the […]