Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures
It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Alphabet’s rumored purchase of eye-tracking technology company AdHawk Microsystems will likely give the former a big push into headsets and smart glasses.
Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.