Alphabet

Gains

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<p class="has-drop-cap">Tech giant Alphabet (NASDAQ: GOOG), media conglomerate Warner Bros. Discovery (NYSE: WBD), and semiconductor manufacturer Advanced Micro Devices (NYSE: AMD) are making headlines with significant announcements and experiencing notable stock movements today.</p>
<h3 id="alphabet-shares-up-as-ai-overviews-feature-gets-major-expansion">Alphabet Shares Up as AI Overviews Feature Gets Major Expansion</h3>
<p>Alphabet (GOOG) shares are up 1.42% today, trading at $165.49. The company announced a <a href="https://www.androidcentral.com/apps-software/google-ai-overview-save-feature-expansion" target="_blank" aria-label="major expansion (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">major expansion</a> of its AI Overviews feature, which was initially launched in May 2024.<br><br>Google plans to roll out the service to six new countries, including India, Brazil, and Japan, with local language support. The expansion comes with new features such as the ability to save specific AI Overviews and an option to view snapshots in simpler language for technical topics. <br><br>Alphabet’s stock has shown strong performance, with a year-to-date return of 17.58% and a market cap of $2.025 trillion.</p>
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<h3 id="warner-bros-discovery-shares-gain-amid-key-leadership-change">Warner Bros. Discovery Shares Gain Amid Key Leadership Change</h3>
<p>Warner Bros. Discovery (WBD) is seeing a 2.35% increase in its stock price today, reaching $7.41. The company announced a <a href="https://www.bloomberg.com/news/articles/2024-08-16/warner-bros-puts-tv-studio-chief-dungey-over-cable-networks" target="_blank" aria-label="significant leadership change (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">significant leadership change</a> in its cable TV business, with Channing Dungey set to take over the U.S. Networks group at the end of 2024.<br><br>This move comes as WBD grapples with challenges in its cable division, having recently taken a $9 billion write-down on its networks. Despite today’s gains, WBD’s stock has struggled this year, with a year-to-date return of -34.93% and a market cap of $18.156 billion.</p>
<h3 id="amd-gains-after-jim-cramer-praises-stock">AMD Gains After Jim Cramer Praises Stock</h3>
<p>Advanced Micro Devices (AMD) stock is up 1.02% today, trading at $148.86. The company has been garnering attention from analysts and investors alike, with Jim Cramer recently praising AMD on his show Mad Money, stating that the company is “<a href="https://finance.yahoo.com/news/jim-cramer-says-advanced-micro-012021132.html" target="_blank" aria-label="dominating (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">dominating</a>” the market. <br><br>AMD’s Q2 2024 earnings report showed strong growth in its data center and client segments, with overall revenue rising 9% year-over-year to $6 billion. Despite a recent 24% drop in stock price over the last 30 days, AMD’s year-to-date return remains positive at 1.00%, and its market cap stands at $240.975 billion.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/stocks-to-watch-today-alphabet-warner-bros-discovery-and-amd/">Stocks to Watch Today: Alphabet, Warner Bros. Discovery, and AMD</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Stocks to Watch Today: Alphabet, Warner Bros. Discovery, and AMD

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