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Alphabet-A Newsroom
Riot Options Volume Jumps as Stock Rallies 10% After Starboard Reportedly Takes Stake
Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.
Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.
Alphabet's Options Volume Triples as Shares Rise After Google Unveils Quantum Chip
Google Cloud Could Be a Surprise Winner in the AI Spending Race
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Google Gemini: Everything You Need to Know About the Generative AI Models
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
Alphabet-A Options Spot-On: On December 12th, 586.37K Contracts Were Traded, With 2.95 Million Open Interest
Thursday Ends in Index Declines | Wall Street Today
Texas AG Probes Into Major Social Media Platforms Over Children's Privacy and Safety Practices
Market Chatter: Google CEO to Meet Trump
Express News | 'Former Activision Blizzard CEO Bobby Kotick Remains Interested In Buying TikTok' - The Information
Morgan Stanley Analyzes What TikTok's Fate Could Mean for Big Tech Cap as Likelihood of Ban/sale Looms
'Magnificent Seven' Hits Another Milestone. Here's Why It Could Continue to Dominate the Market in 2025.
In the Last 12 Days of Trade, GS Can See $9T in Cash, 2 Dovish Cuts, and Rally in the S&P
YouTube Raises Price on TV Streaming Service to $82.99 -- WSJ
Alphabet, Meta Platforms Reportedly to Face New Australian Regulations on Local News Distribution
Google's YouTube TV Raises Base Plan Price to $82.99 per Month
'YouTube TV Hikes Prices By $10 Per Month" - The Information
Google Unveils New OS, Headset With Samsung