BusinessQuiet 72d · day 72
Google rallies on new Gemini model, Abel praise, and antitrust win
After its worst monthly stretch in over a decade, Alphabet gets a batch of good news: a new Gemini Flash model, Berkshire's endorsement, and a court defeat for the DOJ.
What to know
- Google's stock rebound follows its longest monthly losing streak on Wall Street in over a decade.
- New Gemini 3.8 Flash model targets coding and agentic tasks, the third Flash release in six weeks.
- A federal judge rejected the DOJ's push to force Google to divest its ad exchange, another antitrust win.
- Analysts note the improvements keep Google competitive but do not close the gap with OpenAI and Anthropic in enterprise AI.
“give us opportunities to lean into them”
Tulsee Doshi, Senior director of product management, Google DeepMind · CNBC · Sep 1
Sundar Pichai Google/Alphabet CEOTulsee Doshi Senior director of product management, Google DeepMind
Greg Abel Berkshire Hathaway CEOGil Luria Analyst, D.A. DavidsonU.S. Department of Justice Antitrust plaintiff
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