WS #10435
Alphabet shares drop 7% after second AI star departs for rival, reinforcing bearish sentiment on GOOGL's AI talent retention. Bank of America reverses stance, now expects three Fed rate hikes this year as inflation gets 'unambiguously worse,' pressuring growth stocks. Micron hits new all-time high ahead of earnings, with Wall Street bullish on AI inference demand and price targets raised significantly.
Alphabet AI talent flight
Alphabet shares drop 7% after second AI star departs for rival, reinforcing bearish sentiment on GOOGL's AI talent retention.
Bank of America reverses stance, now expects three Fed rate hikes this year as inflation gets 'unambiguously worse,' pressuring growth stocks.
Micron hits new all-time high ahead of earnings, with Wall Street bullish on AI inference demand and price targets raised significantly.