Traders Hope Alphabet’s Pixel Event Can Stem $360 Billion Rout

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(Bloomberg) -- Alphabet Inc. investors are anxiously awaiting a Google hardware event on Tuesday — banking on new AI features to help stop a selloff that’s...

-- Alphabet Inc . investors are anxiously awaiting a Google hardware event on Tuesday — banking on new AI features to help stop a selloff that’s wiped out more than $360 billion in market value in just one month.In DNC, Chicago’s Embattled Transit System Faces a High-Profile Test

Over the past year, the perception of Google’s position in the race to deploy generative AI technologies has been critical to its stock performance. In February, Alphabet shares dropped more than 4% in a single day when Google paused image generation for its Gemini AI model after producing inaccurate historical depictions. In April, the stock rallied after unveiling updates to AI offerings for cloud customers.

India’s antitrust regulator will withdraw a report that found Apple abused its dominance of the domestic market, backtracking for now from its high-profile investigation into the US company.Crews battle scattered fires in Athens suburbs, helped by calmer winds and reinforcements Elon Musk interview broadcast some 40 minutes late after being beset by technical difficulties, which host later blamed on server attack

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