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Alphabet shares fall more than 4% on Gemini delay concerns
The drop signals investor worries that Google is losing ground in the artificial intelligence race after Gemini delays.
Alphabet shares fell more than 4% on Thursday, according to MarketWatch, as investors weighed fresh concerns around the rollout of Google’s Gemini offering.
The selloff reflects worries that Alphabet is falling further behind competitors in the artificial intelligence race, MarketWatch said.
While the move points to market sensitivity to AI execution, MarketWatch tied the pressure on the stock to the perceived delays connected to Gemini.
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