The Google “Cloud Next” Event continues. Alphabet (GOOGL) teams up with General Motors (GM) to power GM’s OnStar interactive virtual assistant via Google cloud A.I. tech. It expands partnership with Nvidia (NVDA) over A.I. computing, software, and services. It also partnered with MSCI to use generative A.I. in investing and has a 5-year partnership with cell platform company Ginkgo Bioworks. Renita Young discusses this as BofA raised Alphabet’s (GOOGL) price target to $146 from $142. She also talks about how Apple (AAPL) announces September 12th date for “Wonderlust” product launch event. AAPL is expected to unveil new iPhone 15 and updated Apple Watch. BofA notes that the new iPhone pricing remains “the key focus for investors.” Tune in to find out more about the stock market today.
Morning Trade Live
30 Aug 2023
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