May 30, Amazon shares in intraday trading break $ 1,000 mark, a record company. However, another technology company's share price is also stepping up to catch up with Amazon. According to the latest news from foreign media, in the I / O conference launched by the new technology, driven by Google parent company Alphabet stock rose, the current distance of 1,000 US dollars has been close at hand.
Tencent technology through the US stock market system to see, Tuesday, Alphabet shares closed at 975.88 US dollars, from 1,000 US dollars has been only 20 US dollars gap. On the same day, the stock rose slightly by 0.45%.
Alphabet stock price
Tencent technology found that in the past 12 months, Google shares appeared a third of the rose.
According to the US financial investment website InvestorPlace reported that Google recently this round of stock prices, and the company in the 2017 global I / O development conference on the new technology is closely related.
It is well known that Google's main business is web search and search advertising, search advertising almost contributed to all the revenue, as Web search has gradually shown the old state, so Google gradually tend to stabilize revenue, it is difficult to become a stock price rise The cause.
However, Google is still a technology-driven company. In addition to web search, online video, in the artificial intelligence, machine learning, automatic driving, mobile phone operating systems and other fields, Google has a clear advantage.
At the I / O development conference, Google executives once again demonstrated a shocking new technology, especially the "Google Lens" (Google Lens). This technology is based on artificial intelligence and enhance the reality of the user if the camera at a plant or flowers, Google will automatically identify the name of the plant to provide background information, if the film is a restaurant, Google can automatically identify and launch the consumer Evaluation, business description and other information.
Later this year, Google Lens technology will be integrated into the Google Photo & rdquo; Google Assistant and other products, which will greatly improve the product application experience. In addition, although the technology has not yet become a real product, but these results also pushed up the enthusiasm of investors for Google stock.
Over the past years, Google for non-search areas for a large number of innovative research and development, but the progress is slow. After the arrival of the new chief financial officer, Google began to clean up inefficient projects, can not become a real product, can not contribute to the income of the project one by one were shut down or contraction, such as Google glasses, Google Internet access UAV , Google robot, ground fiber broadband and so on.
The rest of the R & D projects are being moved to the actual commercial, the most typical is the automatic driving technology. Alphabet has split the business into an independent company Waymo, which will be commercially available through automotive industry partners.
In the field of artificial intelligence, Google belongs to the first batch of R & D companies, and now AI become the investment boom in the technology industry, Google's leading investment is a huge return to voice assistant, for example, Google Assistant IQ level performance is far more than Apple , Microsoft and other rivals. In the field of screen recognition, video recognition, machine translation and other fields, Google also has a strong strength. The future of these technologies will become a product advantage, and then push up Google's revenue and profits.
Google in the field of technology research and development advantages, and another Apple formed a sharp contrast. Although Apple has earned 90% of the global mobile phone market profits, but Apple in the field of R & D investment into a serious shortage of R & D expenditure accounted for the proportion of income in all technology companies almost ranked the last), in artificial intelligence, automatic driving, enhance the reality and all other hot areas , Apple has emerged behind, is struggling to catch up with the opponent has long been starting.