From The Motley Fool: 2024-05-13 11:58:28

Alphabet shares dropped by 2.8% in early trading, reducing its valuation by over $50 billion. The stock slightly recovered but was still down 2% at 11 a.m. ET. OpenAI is set to release a new product, causing speculation on its impact on Google search. Market uncertainty persists despite Google’s strong AI presence.



Read more at The Motley Fool: How OpenAI Trimmed $50 Billion off Alphabet’s Market Cap on Monday