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Stocks to Watch Tuesday: Alphabet, Nvidia, Alibaba, Zoom

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Alibaba's Qwen AI app drew more than 10 million downloads in the first week after relaunching. Alibaba reports results Tuesday.

Stocks to Watch Tuesday: Alphabet, Nvidia, Alibaba, Zoom

↗️ Alphabet (GOOGL, GOOG): Facebook owner Meta Platforms (META) is in talks to spend billions on Google’s AI chips, the Information reported, as Google steps up efforts to compete directly with Nvidia. Shares in Alphabet, Google’s parent company, rose premarket.

↘️ SoftBank (JP:9984): Shares in the Japanese technology conglomerate slid 10% amid worries that Google’s updated Gemini language model will intensify competition for OpenAI, a major SoftBank investment.

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