Reported about 7 hours ago
Alphabet's stock rose approximately 1.4% after Wall Street analysts defended the company, following a 7% decline triggered by reports of Apple's potential AI search integration in its Safari browser. Analysts from Jefferies, TD Cowen, Citi, and JPMorgan maintained favorable ratings on Alphabet, suggesting that Apple’s comments may have been exaggerated to bolster its own competitive stance in the search market.
Source: YAHOO