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Why Alphabet Shares Are Rising

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) shares are trading higher going into the close of Thursday's session.
byHenry Khederian
April 6, 2023
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Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) shares are trading higher going into the close of Thursday’s session. Strength may be due to an overall market rebound as well as AI optimism after the company announced AI supercomputer details and reportedly said its search will include chat AI.

What’s Going On With Alphabet’s AI Efforts?

Our Benzinga team on Thursday reported CEO Sundar Pichai shared plans to integrate conversational artificial intelligence features into its flagship search engine.

Advances in AI would supercharge Google’s ability to answer an array of search queries, Pichai said in an interview with the Wall Street Journal.

Pichai acknowledged more enormous opportunities dismissing reports suggesting that chatbots hindered Google’s search business…Read More

According to data from Benzinga Pro, GOOGL is trading higher by 3.77% to $108.40 and GOOG is higher by 3.71% to $108.84.

 
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Western Digital Q3 Earnings: Revenue Beat, Higher ASP, Upbeat Q4 Guidance And More

By Erica Kollmann
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Western Digital reported earnings of 63 cents per share and quarterly sales of $3.46 billion which beat the $3.36 billion analyst consensus estimate. "As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO. 

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