Alphabet Inc.’s research lab DeepMind will close its Edmonton, Alberta outpost and lay off some operational staff in the UK, part of the tech giant’s recent program of cost cuts. The artificial ...
Shares of Alphabet have gained +22.8% this year vs. +19.8% for the Zacks Tech sector and +7.5% for the S&P 500 index, reflecting the favorable outlook for the company's strong cloud division.
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