Will Google’s Stock Rally To Match Microsoft’s Unprecedented Market Dominance? By Benzinga

Benzinga –

• Google and Microsoft intensify their AI competition with the launch of Google Bard and Copilot.
• Both companies invest heavily in innovative applications, revolutionizing conversational computing.
• Google’s stock price rises above the daily 200 simple moving average, potentially indicating a bullish trend.

The technological battles between juggernauts Alphabet Inc Class A (NASDAQ: GOOGL) and Microsoft Corp (NASDAQ: MSFT) have intensified, and it seems as if AI has become the new weapon of choice. Say hello to Bard and Copilot, respectively.

Both tech titans are deploying colossal spending to create intelligent and innovative applications. Their latest offerings promise to change the game completely, and it’s as if we’re all living in a sci-fi movie.

Thanks to these cutting-edge technologies, communicating with natural language processing (NLP) has never been easier. Get ready to witness the future of conversational computing!

Google Workspace is a web-based productivity suite that lets you work online or offline, while Microsoft’s arsenal includes both web and desktop versions of their apps.

So whether you’re a web whiz or a desktop devotee, there’s a solution out there to help you be more productive.

Google Bard is here to give Microsoft’s ChatGPT a run for its money. After much anticipation, this AI-powered marvel was announced to the world in February 2023 and has finally made its way to the US and UK with limited access. Discover the possibilities of conversing with the future of technology.

With Bard, your conversations become smarter, more natural, and more enjoyable. No need to navigate through Google search results or waste time typing out tedious queries – simply speak your mind and watch as Bard astutely deciphers your words and formulates the perfect reply.

How does it do this? Through the magic of natural language processing technology, your conversations are taken to the next level with Bard.

Whilst Google certainly boasts impressive credentials, is its performance influencing its stock price? Let’s dive deeper and examine whether their positive qualities are reflected in the market.

The price has once again risen above the daily 200 simple moving average, marking the second time in the past year.

Although the last attempt failed, hope remains high as traders eagerly track the market’s behavior. Will the price manage to stay above the moving average this time? Only time will tell.

This level is incredibly crucial. If the price can hold steady above it, then it’s a sign that the bullish trend is ready to take off once again, soaring to new heights.

The bulls feel pretty good about themselves as the price has surged past the $100 level – a formidable stronghold for both support and resistance.

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Breaking above last month’s high at $108 would be just the boost needed to propel price even higher! We could see a serious surge to the upside.

Looking towards the future, Google Bard is a genuinely fascinating piece of tech that could completely change how we interact with computers and machinery.

From better customer service to expanded accessibility, this innovation could be a game-changer for businesses of all kinds. It’s exciting to see what doors this new technology will open up for us.

After the closing bell on Friday, March 24, Google closed at $105.44, trading down by 0.15%.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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