Google Bursts Through Channel Amid Chatbot Launch In Europe, Brazil: The Bull, Bear Case For Alphabet's Stock
Portfolio Pulse from Melanie Schaffer
Alphabet, Inc's stock (NASDAQ:GOOG) (NASDAQ:GOOGL) rose over 4% on Thursday, breaking from a recent downtrend, following the launch of its chatbot, Bard, in Europe and Brazil. Bard is a top rival of Microsoft-backed ChatGPT. The stock's move higher negated its recent downtrend, and for an uptrend to confirm, the stock will have to eventually retrace lower to print a higher low.
July 13, 2023 | 7:37 pm
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POSITIVE IMPACT
Alphabet's stock rose over 4% following the launch of its chatbot, Bard, in Europe and Brazil. This move negated its recent downtrend.
The launch of Alphabet's chatbot, Bard, in Europe and Brazil has led to a rise in the company's stock. This has negated its recent downtrend, indicating a potential uptrend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Alphabet's stock rose over 4% following the launch of its chatbot, Bard, in Europe and Brazil. This move negated its recent downtrend.
The launch of Alphabet's chatbot, Bard, in Europe and Brazil has led to a rise in the company's stock. This has negated its recent downtrend, indicating a potential uptrend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100