From Nasdaq: 2025-06-10 14:23:00

Alphabet stock (NASDAQ: GOOG, NASDAQ: GOOGL) saw a 1.3% gain after an initial 3% jump. The increase was driven by news that OpenAI will use Google’s cloud service for AI operations, despite competition with Google’s ChatGPT. This partnership diversifies OpenAI and supports its growth in AI services.

Scotiabank analysts see this as a big win for Google’s cloud unit, predicting increased sales thanks to the deal with OpenAI. However, investors interested in Alphabet should note that it wasn’t among the 10 best stocks identified by The Motley Fool Stock Advisor team. Consider joining Stock Advisor for the latest top stock recommendations.



Read more at Nasdaq: Why Alphabet Stock Just Popped