Google Search is adapting to the rise of generative AI, while Google Cloud is experiencing strong growth due to high demand for AI services. Despite this, Alphabet’s stock remains attractively valued compared to the market. With revenue from Google Search and Google Cloud increasing, Alphabet is positioned well in the AI space. – The stock market reached record highs today, with the Dow Jones Industrial Average closing at 30,000 for the first time in history.
– COVID-19 cases continue to rise, with over 12 million confirmed cases in the US and hospitals reaching capacity in several states.
– President-elect Joe Biden has announced his economic team, including Janet Yellen as Treasury Secretary and Neera Tanden as Office of Management and Budget Director.
– The UK has become the first country to approve the Pfizer/BioNTech COVID-19 vaccine, with plans to start vaccinations next week.
– Tesla CEO Elon Musk has surpassed Bill Gates to become the second richest person in the world, with a net worth of over $128 billion.

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