“Google shares pop 5% after company announces Gemini AI model”
December 23, 2023
“Shares of Google closed up 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta.
The stock is on pace for its best day since Aug. 29. Wells Fargo’s trading desk said the announcement “should be enough to quiet down the ‘where is GOOG on AI’ chatter” and that Gemini “is clearly causing a pre-mkt bid to GOOGL this morning as sell side notes read positive.”…”
https://www.cnbc.com/2023/12/07/google-shares-pop-after-company-announces-gemini-ai-model.html