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Bucks Trend With Three-Day Rally, Shares Poised to Challenge $380 Again

Bucks Trend With Three-Day Rally, Shares Poised to Challenge $380 Again

TradingKey – As of the close on September 14 Eastern Time, against the backdrop of a 0.48% drop in the S&P 500 Index and a 0.56% decline in the Nasdaq, Google’s parent company Alphabet (GOOGL) bucked the trend to gain 3.06%, closing at $345.71 after touching an intraday high of $349.89, marking its third consecutive trading day of gains and showing a clear strengthening in its recent trend; trading volume rose to approximately 35.9 million shares, noticeably higher than recent levels.

Analysts believe that calls from executives at OpenAI, Anthropic, and xAI to slow down frontier AI development may ease Google’s massive AI capital expenditure and competitive pressures in the short term, serving as a key catalyst for the stock’s strength…

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