Google's Stock Falls After OpenAI Teases Browser Launch
Google's stock price fell more than 3% after OpenAI hinted at launching a new browser.
OpenAI CEO Sam Altman posted on X:
10 am livestream today to launch a new product I’m quite excited about!A video showing browser tabs was also shared, suggesting a browser product launch.
Following the announcement, Google's stock, which had rallied in the previous days, fell from $255 to $247 in minutes.
Author's summary: Google's stock falls 3% after OpenAI's browser launch tease.
- Stock price fell more than 3%
- OpenAI hinted at launching a new browser
- Google's stock had been trading at around $255