Alphabet (NASDAQ: GOOG) Stock Price Down 3. 1% – Here What Happened

Alphabet Inc. (NASDAQ:GOOG – Get Free Report) shares fell 3.1% on Thursday. The company traded as low as $318.45 and last traded at $320.76. Approximately 20,970,179 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 20,205,348 shares. The stock had previously closed at $330.95. Positive Sentiment: Alphabet is expanding Google Cloud’s AI ecosystem through an agreement to make OpenAI models and its Codex coding agent available to cloud customers. The deal could increase enterprise demand and help Google Cloud compete with Microsoft and Amazon. OpenAI to bring its AI models to Google’s cloud Positive Sentiment: Analysts and investors continue to point to accelerating Google Cloud growth, robust AI-computing demand and the possibility of upside if third-quarter results confirm…