Alphabet Shares Drop as Investors Wait for AI to Pay Off
July 24, 2024
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4:14Now PlayingAlphabet Shares Drop as Investors Wait for AI to Pay Off
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as posted by the channelAlphabet shares fell after the Google parent sunk more resources into its drive to outmatch rivals in artificial intelligence, fueling spending higher than analysts expected. Ayako Yoshioka, Wealth Enhancement Group portfolio manager, joins to discuss why the firm believes Alphabet had a strong quarter and why the AI trajectory for Google and others will take time. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Technology."
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