The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Alphabet Inc. (GOOGL) shares fell 4.15% following a jury verdict holding YouTube liable in a social media addiction lawsuit. Amazon.com Inc (AMZN) shares dropped 3.10% amid investor concerns over massive capital expenditures for AI factories and AWS. However, Alphabet's shares surged over 5% after OpenAI discontinued its Sora video generation project, and the company launched the cost-effective Veo 3.1 Lite model, achieving an 11.3% revenue growth.