Alphabet에 대한 매도 수량은 투자자에게 Alphabet의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Alphabet (NASDAQ:GOOG) 주식, 공매도 수량 보고

Alphabet

Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

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알파벳(NASDAQ:GOOG)(NASDAQ:GOOGL)은 인공지능(AI)과 양자 컴퓨팅 분야의 최신 발전으로 원래의 명성과 투자자의 신뢰를 회복하고 있다.

구글: 챗GPT 출시 이후 &#39;긴급 상황&#39; 선언했지만, 제미나이 2.0 및 양자 칩으로 투자자 신뢰 회복 중

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양자 컴퓨팅은 인공지능(AI)이 디지털 환경을 혁신적으로 변화시킨 것과 마찬가지로 산업을 혁신할 게임 체인저 기술로 떠오르고 있다. 2025년을 향해 나아가면서 전문가들은 양자 컴퓨팅이 기술의 다음 주요 경계가 되어 엄청난 계산 능력을 열어주고 암호화, 약물 발견 및 최적화와 같은 분야에서의 혁신을 이끌 것이라고 예측하고 있다.

양자 컴퓨팅: 새로운 AI? 2025년에 빠르게 확장되는 시장 및 상위 주식 살펴보기

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벤징가 독자들은 2024년을 마감하고 2025년을 시작하는 산타 클로스 랠리가 있을 경우 어떤 매그니피센트 7 주식이 가장 좋은 실적을 낼 수 있을지 투표했다. 무슨 일이 있었나: 대부분의 매그니피센트 7 주식들은 2024년 연초부터 현재까지 S&amp;P 500을 초과 성과를 보였다. 연말을 마감하는 거래일이 얼마 남지 않은 상황에서, 투자자들이 가장 궁금해하는 질문 중 하나는 산타 클로스 랠리가 있을지 여부이다.

벤징가 여론 조사: 산타 랠리에서 어떤 매그니피센트 7 주식이 가장 좋은 성적을 거둘까?

Alphabet Inc

Fed chair Powell dropped a big lump of coal in the market&#8217;s stocking last week as he reigned in the Fed&#8217;s rate cut projections for 2025. While the Fed cut its key benchmark rate by the expected 25 basis points, Powell tempered expectations on future rate cuts based on sticky inflation data and the continued robust spending from American consumers.
The Fed's so-called ‘dot plot,' which anticipates the frequency and strength of future rate activity, now indicates only two rate cuts in 2025, with a Fed funds rate at 3.75% &#8211; 4.00% by the end of next December.
Markets did not take kindly to the news, and major indices closed starkly lower after being flat for most of the day. Nasdaq led the losers, with the tech-heavy index dropping more than 3.5%.
After hours, AI-darling Micron Technology added to the pain with a significant earnings miss, and the stock had its <a href="https://www.benzinga.com/24/12/42599089/us-stocks-edge-up-micron-suffers-worst-day-since-march-2020-bond-yields-surge-whats-driving-markets-thursday?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">worst performance since March 2020</a> the following day. Add in a close-call government shutdown and low holiday trading volume, and it was the perfect storm for some year-end volatility. And it won&#8217;t stop there.
A cautious Fed means cautious investors and a change in strategy is necessary for 2025.
<h2 class="wp-block-heading">How We Chose These Stocks</h2>
Is this the end of the AI-infused tech rally? The prospects of rate reductions slashing capital costs and juicing stock prices have diminished, and AI stocks are beginning to see some cracks form. Even the stalwart NVIDIA is in correction territory after touching the $152 mark earlier this month. While AI isn't exiting the investment landscape anytime soon, the big winners over the last two years look to be finally taking a breather. In their place, we've identified five tech stocks not dependent on AI that could lead the way in 2025.
<h3 class="wp-block-heading">Alphabet Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>)</h3>
Google-parent Alphabet Inc. seems to battle antitrust action every few years, causing a drawdown that eventually rebounds once investors realize the company still makes boatloads of cash every quarter. GOOG revenue and earnings have increased every quarter since March 2023, and profit margins are finally back above 27% for the first time since March 2022. The stock slumped in the summer following a poor earnings report and again in November on (you guessed it) <a href="https://www.benzinga.com/news/legal/24/11/42053249/google-could-lose-chrome-browser-in-dojs-latest-antitrust-move?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">antitrust concerns</a>, but it&#8217;s currently back near all-time highs.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-1024x364.png" alt="" class="wp-image-704749" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133708/Goog-1.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Google's recent quantum computing breakthrough unveiled a chip capable of speeds beyond <a href="https://www.benzinga.com/tech/24/12/42397333/google-quantum-ais-new-willow-chip-can-do-in-minutes-that-supercomputers-would-take-10-septillion-years?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">any in the known universe</a>, which could become an investment theme in 2025 (more on that later). Additionally, Waymo is one of the most significant success stories related to autonomous driving to date. The company <a href="https://www.benzinga.com/tech/24/12/42523474/alphabets-waymo-expands-global-reach-with-tokyo-robotaxi-testing-eyes-left-hand-traffic-challenges?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">recently announced</a> a new service in Tokyo, its first international city, and recent testing data continues to show impressive <a href="https://www.benzinga.com/news/24/06/39394686/alphabet-unit-waymo-claims-lower-crash-rate-despite-regulator-probes-into-risky-driving-behavior-thi?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">safety statistics</a>. Alphabet is also the parent of YouTube, which is the dominant way people consume podcasts and short-length videos and its YouTubeTV streaming service has an impressive sports package (and little pushback to price increases).
<h3 class="wp-block-heading">Uber Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>)</h3>
It's been a tumultuous year for Uber. The company finally posted a positive annual net income figure in 2023, and the stock rallied from $25 to $80 between December 2022 and February 2024. But the rally stalled there, and the stock bounced between $60 and $80 for most of the last nine months.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-1024x364.png" alt="" class="wp-image-704750" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133715/UBER.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
We think this recent drawdown is overdone, and the stock could be poised for a rally in 2025. Despite the proliferation of Waymo, Uber is still the dominant force in rideshare, and its ride-hailing market share is actually expanding compared to its biggest rival, Lyft. From a technical standpoint, the stock is oversold according to the Relative Strength Index (RSI) and the 50-day moving average is still hovering above the 200-day MA. As long as the 50-day stays above the 200-day, UBER shares might be an interesting buy at this level.
[<a href="https://www.benzinga.com/pro/checkout/holiday-24/?utm_source=WebRD-1224">End-of-Year Sale: Unlock Benzinga Pro for 60% Off]</a>
<h3 class="wp-block-heading">Rigetti Computing Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgti#NASDAQ">RGTI</a>)</h3>
As mentioned above, if AI takes a breather over the next few months, one investment theme that could emerge is quantum computing. Quantum computing stocks have rallied hard in the last month, led by the aptly named Quantum Computing Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qubt#NASDAQ">QUBT</a>). However, Quantum Computing Inc. used to be known as Innovative Beverage Group, which raises some questions about its dedication to the industry. There may be better choices to take advantage of this trend, like Rigetti Computing Inc.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-1024x364.png" alt="" class="wp-image-704751" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133722/RGTI.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
RGTI shares also experienced a meteoric rise over the last month, but not at the level of QUBT despite a much longer history in the quantum computing space. That could be a good development for investors, as Rigetti is better positioned to thrive if quantum computing takes off thanks to its <a href="https://www.benzinga.com/news/mid-cap/24/12/42654955/why-are-rigetti-computing-shares-surging-on-monday?adt_ei=%7B%7Bemail%7D%7D&amp;he=%7B%7Bemail%7D%7D">innovative product line</a> and decade-plus history in the industry.
<h3 class="wp-block-heading">CACI International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/caci#NYSE">CACI</a>)</h3>
CACI provides technology solutions as a defense contractor, and it could see tailwinds in the coming months due to an increased focus on defense spending in the incoming Trump administration and its sterling business reputation. CACI International provides cybersecurity, cyberspace and digital solutions for domestic and international clients.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-1024x364.png" alt="" class="wp-image-704752" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133728/CACI.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
CACI shares may have been unfairly unloaded as the price plunged down to $400 after approaching $580 in early November. The RSI reading of 27 indicates an oversold stock, and the company has good fundamentals with a 19.9 P/E ratio and a consensus Buy rating from analysts.
<h3 class="wp-block-heading">Apple Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>)</h3>
Sometimes, you don't need to overthink it. Apple has been one of the biggest winners in the tech sector since Trump's election, and the company's cash pile is the envy of the business world. Despite already being one of the largest companies in the world by market cap, investors may have an opportunity here as the AI rally spins down.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="364" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-1024x364.png" alt="" class="wp-image-704753" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-1024x364.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL-768x273.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23133734/AAPL.png 1363w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
AAPL is a staple in any long-term investment portfolio, but the time is ripe to add more shares. The stock has been roaring upward since May 2024 and made another new all-time high as the third week of December came to a close. AAPL is now approaching a $4 trillion market cap, and its rally could continue in 2025 if the company is granted tariff exemptions similar to the ones it received during the first Trump administration.
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5 Tech Stocks to Buy as AI Hype Fizzles

Google-parent Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) has laid out its remedies proposal in the high-stakes <a href="https://www.benzinga.com/quote/GOOGL/news">search distribution case</a> with the Department of Justice (DOJ). 
JPMorgan analyst Doug Anmuth notes that Google's focus on non-exclusivity and increased flexibility aligns with its strategy to limit regulatory overreach. However, investors should also turn their attention to Google's operational strength, which could be a significant driver of long-term value.
<h2 class="wp-block-heading">Alphabet&#8217;s Remedies In DOJ Case</h2>
Google's proposal, filed on Dec. 20, sidesteps the harsher measures suggested by the DOJ, such as divestiture of Chrome or Android. Instead, the company's remedies focus on removing search exclusivity in browser and Android agreements and giving partners greater flexibility. 
This should allow partners like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and mobile carriers to preload multiple search engines. This shift could create opportunities for competitors, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), to vie for top spots.
Anmuth expects the judge's final decision in August 2025 to strike a balance between the DOJ and Google's proposals, likely considering user impacts. Still, the timing of remedy enforcement, appeals and potential injunctions adds uncertainty to financial implications.
Read Also: <a href="https://www.benzinga.com/24/12/42641018/google-faced-intense-scrutiny-post-chatgpt-leading-up-to-declaring-code-red-but-gemini-20-and-quantum-chip-gives-investors-renewed-confidence">Google Entered &#8216;Code Red&#8217; After ChatGPT Release, But Gemini 2.0 And Quantum Chip Give Investors &#8216;Renewed Confidence,&#8217; Says This Portfolio Manager</a>
<h2 class="wp-block-heading">&#8216;Tremendous Innovation In AI&#8217;, &#8216;New Buyback&#8217; Likely</h2>
While the legal battle unfolds, Alphabet's fundamentals remain robust. Anmuth emphasizes that Alphabet is demonstrating "tremendous innovation in AI," which continues to bolster healthy Search and overall ad revenue growth.
The company's ability to "durably re-engineer the cost base and expand margins" further strengthens its financial position. Moreover, Alphabet &#8220;will likely announce a new buyback authorization at 1Q earnings,&#8221; signaling confidence in future cash flows, says Anmuth.
<h2 class="wp-block-heading">Alphabet Among JPMorgan&#8217;s 2025 Top Picks</h2>
JPMorgan sees Alphabet as &#8220;one of our 2025 Top Picks&#8221;, alongside Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>). Anmuth projects a December 2025 price target of $232, supported by Alphabet's strong 30%+ operating income margin and double-digit percentage revenue growth. 
Beyond ads, Alphabet's non-ad businesses like Cloud and YouTube subscriptions hold significant growth potential. Meanwhile, ventures like Waymo and Verily offer optionality for future value.
<h2 class="wp-block-heading">The Road Ahead For Alphabet Stock Investors</h2>
Investor focus is shifting toward how a new administration could influence final remedies due in March 2025. A potential settlement or adjustments in Apple's search agreements could also sway outcomes. 
The court case may cast a shadow though Alphabet's core strengths are intact. Despite the regulatory noise, Alphabet stock remains a compelling play for investors seeking exposure to a leader in AI and digital transformation.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/12/42638753/quantum-computing-the-new-ai-a-look-at-the-rapidly-expanding-market-and-top-stocks-for-2025">Quantum Computing: The New AI? A Look at the Rapidly Expanding Market and Top Stocks For 2025</a></li>
</ul>
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Alphabet Defends DOJ Case, 'New Buyback' Likely From This '2025 Top Pick'

Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) latest advancements in artificial intelligence and quantum computing are helping the tech giant rebuild its reputation and investor confidence.
What Happened: After the release of OpenAI's ChatGPT in late 2022, Google had reportedly <a href="https://www.benzinga.com/news/22/12/30170477/chatgpt-popularity-reportedly-leads-to-google-declaring-code-red-as-sundar-pichai-increases-involvem-1">declared a "Code Red,"</a>
The company faced criticism for lagging behind rivals like Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), which partnered with OpenAI to integrate ChatGPT-like capabilities into its products.
However, Google's latest developments have shifted the narrative, <a href="https://www.ft.com/content/3a3f8c9f-90fd-4e2f-94c4-b9977438e911">reported</a> Financial Times.
See Also: <a href="https://www.benzinga.com/tech/24/12/42378596/openais-chatgpt-makes-headway-in-search-threatening-googles-reign">OpenAI's ChatGPT Makes Headway In Search, Threatening Google's Reign</a>
"Alphabet has been under the microscope since ChatGPT was released," said Tiffany Hsia, a U.S. equity portfolio manager at AllianceBernstein and a Google shareholder. "Gemini 2.0 and the quantum chip give investors renewed confidence that they are one of the leading tech powerhouses."
This year, Google <a href="https://www.benzinga.com/24/12/42446686/google-introduces-ai-agent-prototype-that-can-browse-the-web">launched</a> Gemini 2.0, Veo 2 and Imagen 3 <a href="https://www.benzinga.com/tech/24/12/42609242/marques-brownlee-breaks-down-how-googles-ai-video-generator-veo2-outpaces-openais-sora">models for video and image</a> generation, along with a <a href="https://www.benzinga.com/24/12/42404763/pichai-and-musk-dream-big-about-quantum-computing-and-solar-energy-the-most-obvious-path-is-staring-at-our-eyes-literally">quantum computing breakthrough</a> with its Willow chip.
It also unveiled a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39206137/google-accelerates-ai-innovation-jpmorgan-bullish-on-alphabet-as-apple-microsoft-ri">custom AI accelerator chip</a>, the Trillium Tensor Processing Unit, to challenge Nvidia Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) dominance.
Other innovations include Project Mariner, which <a href="https://www.benzinga.com/24/12/42446686/google-introduces-ai-agent-prototype-that-can-browse-the-web">compiles research reports</a> and acts on behalf of users, and Project Astra, which enables real-time answers across text, video, and audio <a href="https://www.benzinga.com/news/24/05/38826439/at-google-io-2024-sundar-pichai-and-team-announces-new-gemini-models-project-astra-ai-fraud-protecti">through smart glasses</a>.
Why It Matters: Google has also faced growing competition and scrutiny. It still dominates the search market with a 90% share, but new players like OpenAI and Anthropic pose a <a href="https://www.benzinga.com/news/24/06/39426605/google-amazon-backed-openai-rival-anthropic-unveils-claude-3-5-sonnet-its-most-powerful-ai-yet">credible threat</a>.
The company also faces regulatory hurdles with the U.S. Department of Justice <a href="https://www.benzinga.com/news/legal/24/11/42053249/google-could-lose-chrome-browser-in-dojs-latest-antitrust-move">seeking to break up</a> Google's ad tech business and is challenging its dominance in search.
Last week, <a href="https://www.benzinga.com/tech/24/12/42635813/google-announces-major-layoffs-as-pichai-stresses-efficiency">Google also cut 10% of its top management</a> positions as part of a multi-year initiative to streamline operations and enhance efficiency.
Despite these challenges, Alphabet Class A and C shares have risen around 38% on a year-to-date basis.
It currently has a market capitalization of $2.351 trillion, making it the fifth most valuable company in the world following Apple, Nvidia, Microsoft and Amazon.
Price Action: Alphabet&#8217;s Class A shares rose by 1.54% on Friday, closing at $191.41, while Class C shares climbed 1.72% to end at $192.96, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
The latest analyst updates from JP Morgan, Goldman Sachs, and Baird place an average price target of $215.67 on Alphabet&#8217;s Class A shares, suggesting a potential gain of 11.87%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23014217/Screenshot-2024-12-23-at-12.12.07%E2%80%AFPM-1024x378.png" alt="" class="wp-image-703386" /></a></figure>
Similarly, Oppenheimer, Jefferies, and Pivotal Research have set an average price target of $225 for Class C shares, projecting an upside of 15.9%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/GOOG/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23014244/Screenshot-2024-12-23-at-12.12.35%E2%80%AFPM-1024x378.png" alt="" class="wp-image-703388" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41141844/after-googles-2-7b-acquisition-of-founders-and-staff-this-ai-startup-abandons-large-language-model-p">After Google&#8217;s $2.7B Acquisition Of Founders And Staff, This AI Startup Abandons Large Language Model Plans And Shifts Focus Away From Chatbots</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Google Entered 'Code Red' After ChatGPT Release, But Gemini 2.0 And Quantum Chip Give Investors 'Renewed Confidence,' Says This Portfolio Manager

Quantum computing is emerging as a game-changing technology poised to revolutionize industries, much like how <a href="https://www.benzinga.com/general/market-summary/24/12/42569883/quantum-computing-rigetti-d-wave-skyrocket-up-to-300-in-5-sessions-after-google-unveils-willow-chip-but-analysts-urge-caution-not-every-tiktok-guitarist-is-the-next-taylor-swift" target="_blank" rel="noreferrer noopener">artificial intelligence (AI) has transformed the digital landscape</a>.
As we head toward 2025, experts predict that quantum computing will be the next major frontier in tech, unlocking unprecedented computational power and driving breakthroughs in fields such as cryptography, drug discovery, and optimization.
At the heart of quantum computing's potential is the quantum bit, or qubit, which can represent multiple states simultaneously, allowing quantum computers to process data exponentially faster than classical computers. In fact, recent advancements have already shown the immense promise of this technology.
For example, Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)
Quantum AI division, led by Hartmut Neven, recently unveiled its <a href="https://www.benzinga.com/tech/24/12/42397333/google-quantum-ais-new-willow-chip-can-do-in-minutes-that-supercomputers-would-take-10-septillion-years" target="_blank" rel="noreferrer noopener">latest quantum chip, Willow</a>. This chip reduces errors exponentially and completed a benchmark computation in under five minutes—an operation that would have taken one of the fastest supercomputers 10^25 years to finish.
The rise of quantum computing presents a compelling complement to AI, as it has the potential to enhance AI models and algorithms, helping unlock entirely new frontiers in science and technology. As this technology advances, it could usher in a new wave of innovation, particularly in industries reliant on complex data processing and problem-solving.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/12/42380768/quantum-computing-stocks-roundup-d-wave-rigetti-ionq-lead-the-charge-with-explosive-growth" rel="noreferrer noopener">Quantum Computing Stocks Roundup: D-Wave, Rigetti, IonQ Lead the Charge With Explosive Growth</a>
Market Growth and Investment Opportunities
The quantum computing market is set for explosive growth. According <a href="https://www.fortunebusinessinsights.com/u-s-quantum-computing-market-107727" target="_blank" rel="noreferrer noopener">to</a> Fortune Business Insights, the U.S. quantum computing market, valued at $138.2 million in 2022, is projected to skyrocket to $1.2 billion by 2030, growing at a CAGR of 31.7%. 
This surge is driven by increasing investment and initiatives like those outlined by the White House in May 2022.
For investors looking to capitalize on this booming sector, top companies include Top stocks to invest:
<ul>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
<li>Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>)</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</li>
<li>IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>)</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>)</li>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)</li>
</ul>
Quantum-focused ETFs offer a diversified approach to investing in this transformative space. Per Rising Wave, <a target="_blank" href="https://risingwave.com/blog/top-quantum-computing-etfs-for-growth/" rel="noreferrer noopener">investing</a> in quantum computing ETFs offers a distinctive chance to participate in a technological revolution.
<ul>
<li>Defiance Quantum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTUM#NASDAQ">QTUM</a>)</li>
<li>WisdomTree Cloud Computing Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WCLD#NASDAQ">WCLD</a>)</li>
<li>Global X Cloud Computing ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOU#NASDAQ">CLOU</a>)</li>
<li>ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>)</li>
</ul>
As quantum computing approaches mainstream adoption, it will likely become one of the most exciting areas of growth in the tech industry over the next few years.

Quantum Computing: The New AI? A Look at the Rapidly Expanding Market and Top Stocks For 2025

On Friday, ChatGPT-maker OpenAI unveiled its next-generation reasoning model, o3, as the successor to o1, capping off the company's <a href="https://www.benzinga.com/tech/24/12/42332451/sam-altman-teases-12-days-of-openai-christmas-magic-users-predict-unveiling-of-sora-o1-reasoning-model-and-more">12 days of shipmas</a> announcements.
What Happened: On the final day of its &#8220;12 Days of OpenAI&#8221; event, the AI startup revealed o3, which brings significant advancements in reasoning and coding capabilities.
Alongside o3, Microsoft Corp.-backed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) OpenAI also introduced o3-mini, a smaller version designed for specific, more targeted applications.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We announced <a href="https://twitter.com/OpenAI?ref_src=twsrc%5Etfw">@OpenAI</a> o1 just 3 months ago. Today, we announced o3. We have every reason to believe this trajectory will continue. <a href="https://t.co/Ia0b63RXIk">pic.twitter.com/Ia0b63RXIk</a>
&mdash; Noam Brown (@polynoamial) <a href="https://twitter.com/polynoamial/status/1870172996650053653?ref_src=twsrc%5Etfw">December 20, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/12/42509206/soundhound-ai-soars-over-700-short-squeeze-potential-has-traders-talking?itm_source=parsely-api">SoundHound AI Soars 700%: Short Squeeze Potential Has Traders Talking</a>
"We view this as the beginning of the next phase of AI. Where you can use these models to do increasingly complex tasks that require a lot of reasoning," stated OpenAI CEO Sam Altman.
The company has begun rolling out o3 to select safety researchers, with plans for broader availability soon. The application window closes on Jan. 10.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">if you are a safety researcher, please consider applying to help test o3-mini and o3. excited to get these out for general availability soon. extremely proud of all of openai for the work and ingenuity that went into creating these models; they are great.
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1870176283851903152?ref_src=twsrc%5Etfw">December 20, 2024</a></blockquote>
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Altman also stated that the o3-mini may launch by the end of January, followed by the full release of the o3 model.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Notably, OpenAI skipped over naming the new model &#8220;o2,&#8221; to avoid potential trademark conflicts with British telecom provider O2, <a href="https://www.theinformation.com/briefings/openai-announces-new-reasoning-model-o3">according</a> to The Information.
Why It Matters: OpenAI's progress is evident in the ARC-AGI benchmark, where o3 scored 87.5% on the high compute setting, tripling o1's performance on the lower setting.
The ARC-AGI test is often used to measure progress toward achieving Artificial General Intelligence (AGI) by assessing a model's performance in areas that require advanced problem-solving and reasoning.
However, ARC-AGI co-creator François Chollet also noted that o3 struggles with "very easy tasks" in ARC-AGI, suggesting it has "fundamental differences" from human intelligence.&nbsp;
&#8220;While the new model is very impressive and represents a big milestone on the way towards AGI, I don&#8217;t believe this is AGI &#8212; there&#8217;s still a fair number of very easy ARC-AGI-1 tasks that o3 can&#8217;t solve, and we have early indications that ARC-AGI-2 will remain extremely challenging for o3,&#8221; Chollet stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today OpenAI announced o3, its next-gen reasoning model. We&#39;ve worked with OpenAI to test it on ARC-AGI, and we believe it represents a significant breakthrough in getting AI to adapt to novel tasks. It scores 75.7% on the semi-private eval in low-compute mode (for $20 per task… <a href="https://t.co/ESQ9CNVCEA">pic.twitter.com/ESQ9CNVCEA</a>
&mdash; François Chollet (@fchollet) <a href="https://twitter.com/fchollet/status/1870169764762710376?ref_src=twsrc%5Etfw">December 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As part of its &#8220;12 Days of OpenAI&#8221; event, the AI startup rolled out the ChatGPT Search engine to all users, <a href="https://www.benzinga.com/tech/24/12/42523020/chatgpt-search-goes-free-openai-challenges-googles-unbroken-search-dominance">including those on the free tier</a>.
The AI startup also unveiled its text-to-image model, Sora, and introduced a $200 monthly ChatGPT Pro <a href="https://www.benzinga.com/tech/24/12/42356469/openai-unveils-200-chatgpt-pro-subscription-inside-the-o1-reasoning-model-and-what-it-means-for-power-users">subscription</a>.
Earlier this month, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) also launched the <a href="https://www.benzinga.com/24/12/42446686/google-introduces-ai-agent-prototype-that-can-browse-the-web">second generation</a> of its Gemini AI model to regain its position at the forefront of the AI technology race.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42499609/micron-gets-investment-from-white-house-china-launches-antitrust-investigation-on-nvidia-apple-faces-1-2-billion-lawsuit-in-california-more-consumer-tech-news-december-9-13?itm_source=parsely-api">Micron Gets Investment From White House, China Launches Antitrust Investigation On Nvidia, Apple Faces $1.2 Billion Lawsuit In California &amp; More: Consumer Tech News</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

ChatGPT Maker OpenAI Drops o3 Reasoning Model As o1's Successor: Greg Brockman Calls It A 'Breakthrough'

Benzinga readers pick which Magnificent 7 stock could have the best performance if there is a<a href="https://www.benzinga.com/topic/santa-claus-rally"> Santa Claus rally</a> to close 2024 and kickstart 2025.
What Happened: The majority of the <a href="https://www.benzinga.com/topic/magnificent-seven">Magnificent 7 stocks </a>have outperformed the S&amp;P 500 year-to-date in 2024. With a limited number of trading days left to close out the year, one last question on the mind of investors is whether there will be a Santa Claus rally.
The term &#8220;Santa Claus rally&#8221; was first used by Yale Hirsch in 1972 in the Stock Trader's Almanac. The term is associated with the last five trading days of a year and the first two days of the following year.
Check This Out: <a href="https://www.benzinga.com/general/education/24/12/42625025/santa-claus-rally-in-2024-poll-shows-investors-split-on-end-of-year-returns-57-say-this">Santa Claus Rally In 2024? Poll Shows Investors Split On End Of Year Returns, 57% Say This…</a>
Combine the Santa Claus rally potential and the Magnificent 7 outperformance in 2024, and you have the latest Benzinga poll.
"Which Magnificent 7 stock will do the best if there's a Santa Rally?" Benzinga asked.
The results were:
<ul>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>): 28%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): 25%</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): 17%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>): 9%</li>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>): 9%</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): 7%</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): 5%</li>
</ul>
Nvidia was the winner of the poll with more than one-fourth of the vote, which comes as the stock is the top performer among the Mag 7 stocks for year-to-date and five-year gains. Trailing Nvidia was Tesla, with exactly one-fourth of the vote.
Amazon also received a double-digit percentage ranking third at 17%. The other Mag 7 stocks had much smaller percentages in the poll.
Read Also: <a href="https://www.benzinga.com/tech/24/11/42143676/which-magnificent-7-stock-should-doj-target-next-benzinga-poll-finds-over-50-say">Which Magnificent 7 Stock Should DOJ Target Next? Benzinga Poll Finds Over 50% Say&#8230;</a>
Why It's Important: The expectation for a Santa Claus Rally comes with major stock market indexes enjoying a strong 2024 and could add to their year-to-date gains.
Here are the current year-to-date returns of three of the largest market index ETFs.
<ul>
<li>SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>): +23.8%</li>
<li>Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>): +28.1%</li>
<li>SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>): +12.7%</li>
</ul>
For comparison, here are the year-to-date returns of the Magnificent 7 stocks:
<ul>
<li>Nvidia: +177.8%</li>
<li>Tesla: +77.4%</li>
<li>Meta Platforms: +72.9%</li>
<li>Amazon: +49.8%</li>
<li>Alphabet: +38.3%</li>
<li>Apple: +35.8%</li>
<li>Microsoft: +18.7%</li>
</ul>
Nvidia has significantly outperformed the S&amp;P 500 and other major indexes and also the other Magnificent 7 stocks. The Benzinga poll shows that readers think Nvidia could go out on a high note in 2024 and kick 2025 off with a bang if there is a Santa Claus rally.
Only Microsoft trails the S&amp;P 500 and Invesco QQQ Trust year-to-date returns in 2024, showing the strength of the Magnificent 7 stocks this year. 
<a href="https://www.benzinga.com/tech/24/11/42121665/could-another-magnificent-7-stock-beat-nvidia-in-2025-poll-says-not-likely-27-pick-this-potential-winner">A recent Benzinga poll</a> asked if any Magnificent 7 stocks could beat Nvidia for stock returns in 2025. The results were:
<ul>
<li>None – Nvidia will dominate: 48%</li>
<li>Tesla: 27%</li>
<li>Amazon: 8%</li>
<li>Meta: 7%</li>
<li>Alphabet: 6%</li>
<li>Microsoft: 3%</li>
<li>Apple: 2%</li>
</ul>
The poll found the near-majority predicting Nvidia will have the strongest growth in 2025 and dominate the Magnificent 7 stocks once again.
Based on the recent polls, Benzinga readers don't expect the gains for Nvidia to stop anytime soon and a Santa Claus rally could accelerate the company's potential 2025 gains.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42352997/santa-rally-here-are-10-sp-500-stocks-that-historically-outperformed-in-decembers-second-half">Santa Rally: 10 S&amp;P 500 Stocks That Outperform In December&#8217;s Second Half</a></li>
</ul>
The study was conducted by Benzinga from Dec. 18 through Dec. 19, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 169 adults.
Image created using photos from Shutterstock.

Which Magnificent 7 Stock Will Do Best In Santa Claus Rally? Tesla Edged Out As 28% Select…

<a href="https://support.google.com/adspolicy/answer/15709802?hl=en&amp;ref_topic=29265&amp;sjid=6309344931480918869-NC" title="https://support.google.com/adspolicy/answer/15709802?hl=en&amp;ref_topic=29265&amp;sjid=6309344931480918869-NC">https://support.google.com/adspolicy/answer/15709802?hl=en&amp;ref_topic=29265&amp;sjid=6309344931480918869-NC</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Google Says Starting Jan 15, Advertisers Offering Cryptocurrency Exchanges Targeting UK May Advertise When They Meet Some Requirements, Certified By Co

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Potential TikTok Bidder Frank McCourt Says He Is Seeking A New CEO For The Company; TikTok Could Earn Revenue From Ecommerce And Data Licensing, Reduce Reliance On Ads

Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) chief Hock Tan expressed enormous conviction over the sustainability of the <a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener">artificial intelligence frenzy</a> as Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and TikTok parent ByteDance splurged on designing custom processors that accelerate training and deployment of AI systems, the Financial Times reports.
Reportedly, OpenAI and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) also tapped Broadcom to develop their AI server chips to diversify their exposure to Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Broadcom stock has surged over 101% year-to-date.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/downgrades/24/12/42561430/match-group-analyst-flags-tinder-woes-industry-challenges-for-stock-downgrade" rel="noreferrer noopener">Match Group Analyst Flags Tinder Woes, Industry Challenges For Stock Downgrade</a>
Tan <a target="_blank" href="https://www.ft.com/content/5b4160b7-6920-4bf2-a1a8-f1404b513d8f" rel="noreferrer noopener">told</a> FT that he expected the demand to continue for at least ten years, citing their enormous return potential.
Tan stressed to the FT that clients were intensely ramping up AI infrastructure investment plans spanning three to five years.
He does not expect the phenomenon to lose steam until his clients run out of finances.
Last week, Tan told investors Broadcom <a target="_blank" href="https://www.benzinga.com//node/42488220" rel="noreferrer noopener">could generate</a> tens of billions of dollars in additional annual revenue from AI chips by 2027.
Tan&#8217;s experience and dealmaking prowess fuelled speculation of rescuing struggling chipmaker Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>). However, Tan claimed no hostile offers since 2018, when it was tracking Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), which succumbed to regulatory opposition.
Tan backed his thesis by citing investments by OpenAI and Elon Musk&#8217;s xAI in data centers in 2024.
Tan told the FT that its customers will build clusters of up to 1 million AI chips by 2027. However, Tan said that even 1 million chips may not suffice the AI ambitions of OpenAI and Anthropic.
Broadcom&#8217;s stock price rallied 24% in a single day last Friday after its AI revenues had surged by 220% in fiscal 2024. The chipmaker added over $200 billion to its market cap, breaching the $1 trillion milestone for the first time.
Rosenblatt&#8217;s Hans Mosesmann&nbsp;expects <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42489281/broadcoms-ai-chip-leadership-puts-pressure-on-nvidia-and-marvell-analysts-say" rel="noreferrer noopener">Broadcom&#8217;s growing moat</a> in expanding custom-chip (ASIC) AI and surging AI opportunities to intensify the rivalry with Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Nvidia. B of A Securities&#8216; Vivek Arya&nbsp;credited Broadcom with maintaining a position at customer Apple.
Investors can gain exposure to Broadcom through Amplify ETF Trust Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) and First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDIV#NASDAQ">TDIV</a>).
Price Action:&nbsp;AVGO stock closed lower by 2.37% at $218.32 Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42561240/salesforces-ai-powered-agentforce-20-spurs-analyst-upgrades-and-growth-optimism" target="_blank" rel="noreferrer noopener">Wall Street Analysts Are Bullish On Salesforce&#8217;s AI Vision &#8211; Here&#8217;s Why</a></li>
</ul>
Photo via Shutterstock

Movers

AVGO

HACK

INTC

QCOM

TDIV

Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions

Marques Brownlee, also known as MKBHD, has announced the Samsung Electronics Co.'s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) Galaxy S24 Ultra as his top smartphone pick for 2024.
What Happened: In a video shared on Thursday, Brownlee praised the Galaxy S24 Ultra for its comprehensive excellence, including its screen, chip, battery, cameras, software, and durability.&nbsp;
He noted that even the anti-reflective coating and vibration motor are superior.
&#8220;This phone is 2024 Scottie Scheffler,&#8221; he said, adding, &#8220;It&#8217;s [Galaxy S24 Ultra] not making a ton of headlines for any one flashy thing or any one bad thing. It&#8217;s just so good.&#8221;
See Also: <a href="https://www.benzinga.com/24/12/42546621/elon-musk-agrees-as-satya-nadella-reflects-on-ais-global-impact-in-2024-from-cancer-research-to-rainforest-conservation-and-more?itm_source=parsely-api">Elon Musk Agrees With Satya Nadella As Microsoft CEO Reflects On &#8216;Incredible Speed&#8217; Of AI Diffusion In 2024</a>
Brownlee also mentioned other notable smartphones, such as the Vivo X200 Pro and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) subsidiary Google&#8217;s Pixel 9 Pro Fold for their features.
Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16 was recognized as a complete base device without the high price tag of the Pro version.
&#8220;This was the most complete base iPhone they&#8217;ve ever made,&#8221; Brownlee stated, adding, &#8220;This was a really good year for not spending $1,500 on an iPhone.&#8221;
Here are all the smartphones that received awards from Brownlee under different categories:
Best Big Phone: Samsung Galaxy S24 Ultra
Best Small Phone: iPhone 16
Best Camera: iPhone 16 Pro
Best Value: Nothing Phone 2A
Best Battery: RedMagic 10 Pro
Best Design: Huawei Mate XT
Best Foldable: Google Pixel 9 Pro Fold
Most Improved: Google Pixel 9 Pro Fold
Bust of the Year: Asus Zenfone 11 Ultra
And MVP (Phone of the Year): Samsung Galaxy S24 Ultra
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<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Smartphone Awards 2024!" width="500" height="281" src="https://www.youtube.com/embed/E76CUtSHMrU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Why It Matters: Counterpoint Research in May said that Samsung's Galaxy S24 series led the GenAI-capable smartphone market during the first quarter of 2024.
According to Statista, Samsung&#8217;s Mobile Experience (MX) division brought in around $21.6 billion in revenue by the third quarter of 2024, solidifying its position as the company's top revenue generator.
The South Korean <a href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max">tech giant is now preparing</a> to launch Samsung Galaxy S25 Ultra and S25+.
However, despite its strong performance, Samsung faces fierce competition from Apple and China's Huawei Technologies.
Last year, Apple dominated the global smartphone market, capturing the top seven spots in the <a href="https://www.counterpointresearch.com/insights/apple-captures-top-7-spots-in-global-top-10-best-selling-smartphones/">list of best-selling smartphones</a>, according to Counterpoint Research.
Samsung secured three positions, marking an improvement from 2022.
Apple set a new iPhone sales record in the third quarter of 2024. According to Canalys, Apple and Samsung both held an 18% market share, though Samsung's dipped 3% year-over-year, <a href="https://www.benzinga.com/markets/equities/24/10/41328252/apples-iphone-16-powers-record-sales-in-q3-just-behind-samsung-in-global-market-share-battle">while Apple's grew by 1%</a>.
Samsung launched its latest devices in July, but Apple's iPhone 16 series, released on Sept. 9, delivered strong sales in just a few weeks.
Price Action: Apple&#8217;s stock edged up by 0.70% on Thursday, finishing the day at $249.79. Year-to-date, the company&#8217;s shares have surged 34.56%, outpacing the Nasdaq 100 index, which has grown by 27.6% in the same period, according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Samsung

SSNLF

MKBHD's Smartphone Of The Year 2024 Is Here, And Apple Fans Won't Be Happy

Marques Brownlee, popularly known as MKBHD, highlights how Google&#8217;s Veo 2 AI video generator, owned by Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), outshines OpenAI&#8217;s Sora model.
What Happened: On Thursday, Brownlee shared a YouTube Short of his observations pointing out that while Sora often displayed its AI nature through inaccuracies in movement and physics, Veo 2 delivered more realistic results.
However, he acknowledged that Veo 2 still has flaws, such as issues with complex scenes and garbled text.
One of the standout points in Brownlee's comparison was his emphasis on YouTube data—something that sets Veo 2 apart from other models, including OpenAI's Sora.
See Also: <a href="https://www.benzinga.com/24/12/42545936/samsung-galaxy-s25-ultra-and-s25-leaks-show-off-sleek-curved-design-and-slimmer-bezels-than-apples-iphone-16-pro-max?itm_source=parsely-api">Samsung Galaxy S25 Ultra And S25+ Leaks Feature Sleek Curved Design And Slimmer Bezels Than Apple&#8217;s iPhone 16 Pro Max</a>
He suggested that the difference between the two is like "using a little bit of YouTube data" versus "owning YouTube and just using all of it."
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<iframe loading="lazy" title="SORA vs VEO 2 - AI Generated Videos" width="500" height="281" src="https://www.youtube.com/embed/74J0uiZk29k?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
In March this year, former OpenAI CTO Mira Murati&#8217;s <a href="https://www.benzinga.com/news/24/03/37704187/is-openais-viral-ai-video-generator-sora-trained-on-youtube-and-instagram-cto-mira-murati-is-not-sur">uncertainty about whether</a> YouTube videos were used to train Sora created controversy. The following month, YouTube CEO Neal Mohan said that using YouTube videos in such manner would violate their policy.
When asked if Google is using YouTube to train Gemini, Mohan said, &#8220;Google uses YouTube content really in accordance. Again, back with those terms of service or individual contracts that we might have with creators or uploaders to our platform.&#8221;
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Earlier this week, Elon Musk, who co-founded OpenAI in 2015 and left the AI startup in 2018 over some differences, <a href="https://www.benzinga.com/tech/24/12/42525899/elon-musk-reacts-after-sundar-pichai-shares-veo-2-as-google-looks-to-challenge-openais-sora-in-ai-video-race-looks-impressive">expressed admiration</a> for Google&#8217;s Veo 2.
On the flip side, Marc Andreessen has praised OpenAI&#8217;s Sora model, suggesting it may have <a href="https://www.benzinga.com/tech/24/12/42501018/marc-andreessen-praises-openais-sora-video-model-we-may-have-basically-just-solved-the-fundamental-challenge-of-robotics">solved a significant challenge</a> in robotics.
Earlier this year, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) also introduced its <a href="https://www.benzinga.com/top-stories/24/09/40945913/as-the-ai-arms-race-wages-on-amazon-takes-shot-at-rival-adobe-with-new-text-to-video-product">AI-powered video tool</a> for advertisers, joining Adobe&#8217;s Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) Firefly Video Model <a href="https://www.benzinga.com/tech/24/12/42525899/elon-musk-reacts-after-sundar-pichai-shares-veo-2-as-google-looks-to-challenge-openais-sora-in-ai-video-race-looks-impressive">in the competitive market</a>.
In October 2024, Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) unveiled Movie Gen, a new tool that generates videos, images, and audio <a href="https://www.benzinga.com/24/12/42608267/meta-flexes-movie-gen-ai-as-instagram-boss-teases-video-editing-magic-for-2025">based on text prompts</a>.
Photo via Wikimedia courtesy of Ramsey Cardy/Collision via Sportsfile
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

ADBE

Marques Brownlee Breaks Down How Google's AI Video Generator Veo2 Outpaces OpenAI's Sora

Social media platform, Bluesky is set to create its own payment system, a process that could take at least 12 months. The company is also planning to introduce subscriptions early next year.
What Happened: In an interview with Buffer on Thursday, COO Rose Wang said that Bluesky aims to align its financial incentives with those of its users, creators, and developers.
She said, &#8220;As they're making more money, we should be making money, but if they're not making money, we shouldn't be making money.&#8221;
Wang explained that the goal is to facilitate payments within the app and across other platforms, increasing transaction volumes. Creators will retain most of the earnings, while Bluesky will take a percentage of the transaction fees.
See Also: <a href="https://www.benzinga.com/24/12/42568430/senate-minority-leader-mcconnell-urges-supreme-court-to-reject-tiktoks-delay-request-pushing-for-january-ban-amid-first-amendment-debate?itm_source=parsely-api">Mitch McConnell Urges Supreme Court To Reject TikTok&#8217;s Delay Request, Says Platform Hoping For Less Hostile DOJ In Trump Administration</a>
&#8220;Coming is like 12 months. Payment systems take a while, but absolutely it&#8217;s things that we are prioritizing,&#8221; she stated.
Wang also spoke about the upcoming subscription model will offer users improved self-expression tools, such as custom icons and domains. However, core app features will remain accessible without a paywall.
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<iframe loading="lazy" title="Bluesky&#039;s Rose Wang on Subscriptions, Creator Monetization, and More" width="500" height="281" src="https://www.youtube.com/embed/GxgTgEgwAiY?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Why It Matters: Several other social media platforms have also developed integrated payment systems to support transactions and enable monetization. For example:&nbsp;
Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has Meta Pay, which powers transactions across Instagram, Messenger, and Facebook.
YouTube, owned by Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, provides monetization options like Super Chats, Channel Memberships, and tipping during live streams.
Elon Musk's X, formerly Twitter, is working on <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39382770/inside-elon-musks-plan-to-add-payments-to-x">expanding its payment capabilities</a> as part of its push to become a super app.
Bluesky, founded by Jack Dorsey, has been gaining traction, <a href="https://www.benzinga.com/general/social-media/24/12/42421291/alexandria-ocasio-cortez-aoc-hits-1-million-followers-with-top-bluesky-account-mark-cuban-gains-popularity-jack-dorsey-notably-absent">reaching nearly 25 million users</a> by Dec. 10, 2024. Notable figures like Alexandria Ocasio-Cortez and Mark Cuban have contributed to its popularity.
Image via Bluesky
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Bluesky Planning Payment Platform That Could Arrive In 12 Months, Says COO Rose Wang, Aims To Align Financial Incentives With Users

The House Artificial Intelligence Task Force released a report on Tuesday with recommendations on how Congress can boost the development of AI while also protecting against potential risks <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42561047/amazon-meta-alphabet-spotify-lead-jpmorgans-2025-tech-picks-for-ai-potential">of the technology. </a>
The Details: The bipartisan House AI task force, chaired by Rep. Jay Obernolte (R-Calif.), released the 253-page<a href="https://www.speaker.gov/wp-content/uploads/2024/12/AI-Task-Force-Report-FINAL.pdf"> document</a> as the culmination of the group's work which began in February.
Obernolte said the report is just the "beginning of the conversation" around AI policy. 
"It will only be effective if future Congresses implement some of the recommendations that we have created," he added.&nbsp;
Read More: <a href="https://www.benzinga.com/general/social-media/24/12/42598651/mystery-drone-sightings-all-over-the-country-trump-says-what-to-know-about-investigations-lawmakers-reactions">&#8216;Mystery Drone&#8217; Sightings Spark Investigations, Politicians Respond: &#8216;Shoot Them Down,&#8217; Trump Says</a>
The representative said the task force met to consider bills that it could endorse and introduce for passage this Congress, but the group agreed not to do so in order to remain bipartisan. 
"Disagreements started to emerge about the language in each individual bill and we realized that if we wanted to maintain this coalition that was broadly bipartisan … it probably was counterproductive to actually be talking about legislative language," Obernolte said.
The report contains 66 key findings and 89 recommendations across 14 areas and will serve as the foundation for future legislative action on AI. The effects of future AI legislation will ripple across industries, government agencies and individuals.&nbsp;
Why It Matters: The task force wrote in its report that the government should lead by example and foster trust in AI by using the technology to improve efficiency and services while adopting responsible policies surrounding its use.&nbsp;
Companies that are sufficiently large and capable of handling the government's needs, like Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) could benefit from contracts to supply agencies and departments with AI services. 
The House task force also highlighted the importance of promoting AI innovation which may include further legislation like the CHIPS and Science Act, which was designed to promote U.S. semiconductor manufacturing. Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) received more than $7 billion in direct funding and Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) received $6.6 billion in funding from the program.
Another principle the task force emphasized was its duty to protect against AI-related risks and harms. Companies developing large AI models, such as OpenAI and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) may need to report on training and safety processes if the government determines they could pose security or public health risks. 
The task force also suggested that future Congresses take an "incremental approach" to AI regulation as the technology is rapidly evolving and legislation will need to adapt and evolve as well.&nbsp;
"What we're embracing here is incrementalism. We don't think it's important that everyone agrees on every single aspect of AI immediately," Obernolte said.
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Photo: Shutterstock

Large Cap

Politics

Here's What The Latest Congressional AI Report Could Mean For Big Tech

Perplexity AI, backed by Amazon.com Inc. founder Jeff Bezos, <a href="https://www.benzinga.com/markets/equities/24/10/41420230/jeff-bezos-backed-perplexity-aims-for-8b-valuation-in-new-funding-round-ai-fueled-google-challen">secured $500 million in funding</a> led by Institutional Venture Partners, tripling its valuation to $9 billion, <a href="https://www.ft.com/content/d4fb70f9-b971-433b-884c-2f01d1d08968">reported</a> the Financial Times on Wednesday, citing sources. 
What Happened: The San Francisco-based startup has seen rapid growth in 2024, processing hundreds of millions of monthly queries from 15 million active users, mostly in the U.S. The company&#8217;s market share in AI search increased from 2.7% to 5.8% this year, according to FirstPageSage data.
Perplexity challenges Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google and Microsoft Corp.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) artificial intelligence-powered search offerings, while also taking on OpenAI.
While OpenAI&#8217;s ChatGPT maintains market leadership with a 73.8% share, followed by Google&#8217;s Gemini at 13.5%, Perplexity&#8217;s growth trajectory has attracted high-profile investors. 
OpenAI&#8217;s website continues to lead the AI platform race, ranking 92nd globally and 139th in U.S. web traffic, according to recent Similarweb data. The company attracted 250.1 million total visits, showcasing its commanding market position.
Perplexity.ai, while trailing in overall rankings at 467th globally and 547th in the U.S., demonstrated strong user engagement. The platform recorded 58.69 million total visits, with users spending an average of six minutes per session and viewing nearly four pages per visit.
In contrast, Google&#8217;s Gemini platform struggled to gain traction, ranking 12,612th globally and 31,018th in the U.S. The service recorded just 989,992 total visits, with notably high bounce rates suggesting challenges in user retention.
Monthly visit data further highlights the disparity, with OpenAI recording 83.39 million visits compared to Perplexity.ai&#8217;s 19.56 million and Gemini&#8217;s 329,997 visits. While OpenAI leads in raw traffic numbers, 
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19035716/Screenshot-2024-12-19-at-2.21.33%E2%80%AFPM-1024x499.png" alt="" class="wp-image-699219" /></figure>
Perplexity AI did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
Similarweb data also shows conversations about Perplexity versus ChatGPT surging over the course of the year, largely taking off in August.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="365" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19042831/Perplexity-versus-ChatGPT-1024x365.jpg" alt="" class="wp-image-699287" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19042831/Perplexity-versus-ChatGPT-1024x365.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19042831/Perplexity-versus-ChatGPT-300x107.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19042831/Perplexity-versus-ChatGPT-768x274.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/19042831/Perplexity-versus-ChatGPT.jpg 1373w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Why It Matters: Previous backers of Perplexity include NVIDIA Corp., SoftBank&#8216;s Vision Fund 2, and notable AI experts like Meta Platforms Inc.&#8216;s chief AI scientist Yann LeCun.
The funding comes as competition intensifies in the AI search space. OpenAI recently integrated web searching into ChatGPT, while Anthropic&#8217;s Claude expanded its capabilities with a &#8220;computer use&#8221; feature.
Both Google and Microsoft have incorporated large language models into their search products to provide more conversational results.
Perplexity&#8217;s revenue model relies on subscriptions, with annualized revenues growing from $5 million in January to $35 million in August. The company is now exploring advertising partnerships with major brands, potentially challenging the traditional search <a href="https://www.benzinga.com/markets/equities/24/10/41420230/jeff-bezos-backed-perplexity-aims-for-8b-valuation-in-new-funding-round-ai-fueled-google-challen">advertising system pioneered by Google</a>.
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Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Jeff Bezos-Backed Perplexity Raises $500 Million, Tripling Its Valuation To $9 Billion As Competition With Google And OpenAI Heats Up

Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) autonomous driving unit Waymo said on Wednesday that the company served over four million fully autonomous rides in 2024, taking the total number of rides to over 5 million.
What Happened: Waymo&#8217;s robotaxi rides are open to the public in Phoenix, Los Angeles, and San Francisco. 
While the popular destination for riders in Phoenix was the Sky Harbor International Airport, the most popular destination for riders in San Francisco was The Ferry Building. In Los Angeles, The Grove shopping center was most popular among Waymo riders, the company said. 
Waymo now serves over 150,000 trips to riders every week, the company added. 
Why It Matters: Waymo is now working to commercially launch in Austin and Atlanta on the Uber app next year. It also intends to launch its services in <a href="https://www.benzinga.com/tech/24/12/42360297/waymo-eyes-expansion-of-autonomous-rides-to-users-in-miami-by-2026">Miami with fleet partner Moove in 2026. </a>
The company also said earlier this week that it will start testing its robotaxis in Tokyo, Japan, beginning in early 2025, in its <a href="https://www.benzinga.com/tech/24/12/42523474/alphabets-waymo-expands-global-reach-with-tokyo-robotaxi-testing-eyes-left-hand-traffic-challenges">first step towards international markets</a>. 
All-electric Jaguar I-PACEs equipped with Waymo's autonomous driving technology will arrive in Tokyo in early 2025 and learn to adapt to left-hand traffic and other driving nuances of the city, the company said.
The company, however, did not provide a timeline for when it intends to provide autonomous paid rides to members of the public.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo courtesy: Waymo

Waymo Completes 4 Million Autonomous Rides In Key US Metropolitan Areas In 2024 Ahead Of Tokyo Launch

Quantum computing stocks have catapulted this year, especially after Dec. 9, when Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google announced its <a href="https://www.benzinga.com/24/12/42447332/alphabets-quantum-willow-chip-wows-analyst-google-at-the-leading-edge-of-technology-innovation">latest quantum chip, Willow</a>. However, analysts have a negative consensus rating for these stocks.
What Happened: Quantum Computing Inc. stock surged by 52.95% on Thursday and 2,785.39% over the year but Citron Research has called this move the &#8220;most ridiculous&#8221; citing its spending on research and development.
Stocks of other companies, including Rigetti Computing Inc., and D-Wave Quantum Inc. have soared enormously, whereas other quantum computing players like IONQ Inc. and International Business Machines. have seen modest growth.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>5-Day Change</td>
<td>1-Month Change</td>
</tr>
<tr>
<td>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>)</td>
<td>296.86%</td>
<td>911.02%</td>
</tr>
<tr>
<td>Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)</td>
<td>60.87%</td>
<td>716.03%</td>
</tr>
<tr>
<td>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)</td>
<td>108.37%</td>
<td>501.34%</td>
</tr>
<tr>
<td>IONQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>)</td>
<td>27.99%</td>
<td>34.46%</td>
</tr>
<tr>
<td>IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</td>
<td>-5.23%</td>
<td>4.72%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The move in these quantum computing stocks has gotten out of hand. Rigetti <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> and Quantum <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> are now up more than 1,000% so far in Q4. <a href="https://t.co/UY0MmB8yN0">pic.twitter.com/UY0MmB8yN0</a>
&mdash; Bespoke (@bespokeinvest) <a href="https://twitter.com/bespokeinvest/status/1868760473094832549?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/24/12/42447332/alphabets-quantum-willow-chip-wows-analyst-google-at-the-leading-edge-of-technology-innovation">Alphabet&#8217;s Quantum Willow Chip Wows Analyst: Google At The &#8216;Leading Edge Of Technology Innovation&#8217;</a>
Why It Matters: The funds allocated to research and development as a part of operating expenses were down to $2.24 million in the third quarter of the current fiscal for Quantum Computing. This compares to $2.32 million during the same period last year.
According to Citron, this is a &#8220;striking mismatch for a company claiming to offer integrated high-performance quantum systems.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Small-cap quantum stocks are in a bubble, but <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> stands out as the most ridiculous. The numbers tell the story. R&amp;D spending is THE critical indicator in this space: last quarter, <a href="https://twitter.com/search?q=%24IONQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IONQ</a> allocated $33M and <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> $12M, modest figures next to tech giants like Google. Yet <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a>…
&mdash; Citron Research (@CitronResearch) <a href="https://twitter.com/CitronResearch/status/1869400459267436877?ref_src=twsrc%5Etfw">December 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The company was recently awarded a $26,000 contract from NASA. According to the CEO and CIO of the Arora Report, Nigam Arora, &#8220;The contract is very small and does not justify the run-up.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As many of you know, I am a nuclear physicist and engineer. Quantum computing stock <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> is being pumped up like crazy on the news of a NASA contract. The contract is very small and does not justify the run up. I have worked with NASA. So, who is buying <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a>. It is the momo…
&mdash; Nigam Arora (@TheAroraReport) <a href="https://twitter.com/TheAroraReport/status/1869084928518103125?ref_src=twsrc%5Etfw">December 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Quantum computers, using qubits, promise to revolutionize computing by performing complex calculations exponentially faster than traditional computers.
Google&#8217;s recent breakthrough with Willow demonstrates the potential of quantum memory as it performed a standard benchmark computation in under five minutes which currently takes a supercomputer 10 septillion years — a number that vastly exceeds the age of the Universe.
However, high error rates remain a significant challenge, hindering commercial viability and uncertain timelines for widespread adoption.
&#8220;Buying $RGTI based on Google's quantum success is as misguided as believing every TikTok guitarist is the next Taylor Swift,&#8221; said Citron Research.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Buying <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> based on Google's quantum success is as misguided as believing every TikTok guitarist is the next Taylor Swift. When the hype fades, investors will recall <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> sold equity at $2 just two weeks ago, with more dilution to come rather than true quantum competitiveness.…
&mdash; Citron Research (@CitronResearch) <a href="https://twitter.com/CitronResearch/status/1866859551166959963?ref_src=twsrc%5Etfw">December 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
What Are Other Analysts Saying: According to the <a href="https://www.benzinga.com/quote/QUBT/analyst-ratings">analysts tracked by Benzinga</a>, most of these quantum computing companies face a potential downside in the future, with the exception of IBM.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>Last Three PT&#8217;s Average</td>
<td>Up/Downside Potential</td>
</tr>
<tr>
<td>Rigetti Computing</td>
<td>$3.33 </td>
<td>-67.09%</td>
</tr>
<tr>
<td>Quantum Computing</td>
<td>$8.63 </td>
<td>-62.77%</td>
</tr>
<tr>
<td>D-Wave Quantum</td>
<td>$4.58 </td>
<td>-48.33%</td>
</tr>
<tr>
<td>IONQ</td>
<td>$20.67 </td>
<td>-46.04%</td>
</tr>
<tr>
<td>IBM</td>
<td>$226.67 </td>
<td>2.66%</td>
</tr>
</tbody>
</table>
</figure>
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</ul>
Photo courtesy: Shutterstock

Market Summary

Price Target

Small Cap

Quantum Computing, Rigetti, D-Wave Skyrocket Up To 300% In 5 Sessions After Google Unveils Willow Chip, But Analysts Urge Caution: 'Not Every TikTok Guitarist Is The Next Taylor Swift'

OpenAI has unveiled a new feature that lets users call ChatGPT for free, offering a 15-minute call per month through the toll-free number 1-800-CHATGPT.
What Happened: The feature was announced by OpenAI&#8217;s chief product officer, Kevin Weil, during a livestream on Wednesday as part of the "12 Days of OpenAI" event.
The service is powered by OpenAI&#8217;s Realtime API and GPT-4o mini through WhatsApp API integration.
It is currently available to users in the U.S., while international users can access it via WhatsApp at 1-800-242-8478 — OpenAI has coded &#8220;CHATGPT&#8221; as 242-8478 on a phone keypad.
See Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/12/42509206/soundhound-ai-soars-over-700-short-squeeze-potential-has-traders-talking?itm_source=parsely-api">SoundHound AI Soars 700%: Short Squeeze Potential Has Traders Talking</a>
Users don't need to have an account, paid or otherwise, to avail the benefits of this service.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="1-800-CHAT-GPT—12 Days of OpenAI: Day 10" width="500" height="281" src="https://www.youtube.com/embed/LWa6OHeNK3s?start=383&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Interestingly, this move mirrors Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&#8217;s 2007 launch of GOOG-411, a free voice directory service.
The toll-free service was discontinued in 2010. Google said it was more of a testing ground for the company&#8217;s broader voice recognition goals.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The ChatGPT-parent has emerged as a leading player in generative AI, with a valuation of $157 billion and significant investments, such as $14 billion from Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
As part of its "<a href="https://www.benzinga.com/tech/24/12/42523020/chatgpt-search-goes-free-openai-challenges-googles-unbroken-search-dominance">12 Days of OpenAI</a>" event, the AI startup also extended the ChatGPT Search engine to all users, including those on the free tier.
The Sam Altman-led company also debuted its text-to-image model, Sora, along with a <a href="https://www.benzinga.com/tech/24/12/42356469/openai-unveils-200-chatgpt-pro-subscription-inside-the-o1-reasoning-model-and-what-it-means-for-power-users">$200 monthly</a> ChatGPT Pro subscription.
OpenAI has also been battling with some legal troubles. Last week, the company countered Elon Musk&#8217;s legal attempts to <a href="https://www.benzinga.com/news/legal/24/12/42493076/openai-challenges-musks-lawsuit-reveals-2017-profit-talks">block its shift to a fully for-profit model</a>.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

OpenAI Takes A Page From Google's 2007 Playbook, Turns Phones Into AI Hotlines With 1-800-CHATGPT

On Wednesday, Senate minority leader Mitch McConnell (R-Ky.) submitted an amicus brief to the Supreme Court, urging the rejection of TikTok&#8217;s request to delay a law that could ban the app in January.
What Happened: McConnell dismissed TikTok&#8217;s First Amendment claims in his filing. &#8220;The topsy-turvy idea that TikTok has an expressive right to facilitate the CCP censorship regime is absurd,&#8221; his counsel Michael A. Fragoso wrote.
&#8220;TikTok clearly desires this Court to enjoin the divesture date in the vain hopes that the divesture order will be punted into the next presidential administration where, perhaps, TikTok will find relief from divesture from a less hostile Department of Justice,&#8221; the filing read.
See Also: <a href="https://www.benzinga.com/24/12/42546621/elon-musk-agrees-as-satya-nadella-reflects-on-ais-global-impact-in-2024-from-cancer-research-to-rainforest-conservation-and-more?itm_source=parsely-api">Elon Musk Agrees With Satya Nadella As Microsoft CEO Reflects On &#8216;Incredible Speed&#8217; Of AI Diffusion In 2024</a>
On the same day, the Supreme Court said it will hear arguments on whether the law that bans TikTok nationwide infringes on the First Amendment, with oral arguments scheduled for Jan. 10.
This timeline allows the court to potentially rule before the ban&#8217;s effective date of Jan. 19.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: McConnell was instrumental in passing a <a href="https://www.benzinga.com/news/24/04/38500093/tiktok-ban-courts-must-decide-whether-national-security-concerns-trump-freedom-of-expression">foreign aid package</a> in April that included the law. It mandated ByteDance, TikTok&#8217;s China-based parent company, to divest from the app or face a ban in the U.S.
Earlier this week, President-elect Donald Trump <a href="https://www.benzinga.com/general/social-media/24/12/42522134/trump-meets-tiktok-ceo-shou-zi-chew-at-mar-a-lago-as-platform-urges-supreme-court-to-block-looming-ban">met with TikTok CEO</a> Shou Zi Chew. Trump, who previously attempted to ban TikTok during his first presidency, has also expressed support for the social media platform, promising to &#8220;save&#8221; it.
A potential TikTok ban could lead users to <a href="https://www.benzinga.com/24/12/42512436/tiktok-ban-could-lead-to-more-time-spent-on-youtube-reddit-snapchat">spend more time on</a> platforms like YouTube, owned by Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), and Snap Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) Snapchat.
The platform also competes with Meta Platforms, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Facebook and Instagram. In fact, following a court ruling against TikTok, stocks for Meta, Reddit, and Snap <a href="https://www.benzinga.com/24/12/42369266/meta-reddit-stocks-climb-record-highs-as-tiktoks-battle-against-us-ban-continues-after-court-ruling">reached record highs</a>.
In September, acquisition speculation ignited after Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) decided to <a href="https://www.benzinga.com/news/24/09/40866761/is-amazon-eyeing-tiktok-for-a-possible-acquisition">deepen its ties with TikTok</a>. In May 2024, venture capitalist Kevin O'Leary also <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38948567/kevin-oleary-wants-to-buy-tiktok-talks-potential-for-crypto-payments-on-the-platform">expressed interest in acquiring</a> TikTok.
In July, Needham analyst Laura Martin assessed <a href="https://www.benzinga.com/top-stories/24/07/39991984/tiktok-vs-reels-vs-shorts-analyst-sizes-up-short-form-video-platforms-on-valuation-and-monetization">TikTok as being more valuable</a> than Instagram Reels and YouTube Shorts, citing metrics such as revenue, active user base, and engagement levels.
Photo by Consolidated News Photos on Shutterstock
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

RDDT

Mitch McConnell Urges Supreme Court To Reject TikTok's Delay Request, Says Platform Hoping For Less Hostile DOJ In Trump Administration

JPMorgan analyst Doug Anmuth has rolled out an optimistic<a href="https://www.benzinga.com/markets/24/12/42497093/stock-market-predictions-for-2025-a-mixed-bag-of-expectations"> internet 2025 outlook</a>, emphasizing mega-cap tech leaders as top picks. The big winners? Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google, and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>). 
Despite "heavy capex investments," Anmuth expects "increasing returns" as artificial intelligence shifts to practical applications, driving growth in advertising, cloud, and software tools.
<h2 class="wp-block-heading">Why 2025 Looks Promising</h2>
Anmuth highlights three transformative AI trends reshaping the tech landscape:
<ol>
<li>A 30% boost in engineering efficiency across major companies.</li>
<li>Billions in AI revenue for AWS and Google Cloud.</li>
<li>Accelerated ad and search growth for Meta and Google, driven by improved targeting and conversions.</li>
</ol>
These advancements, coupled with a pro-business political backdrop and stabilized macro trends, are set to support strong revenue growth across the Internet sector in 2025.
Read Also: <a href="https://www.benzinga.com/24/12/42556006/amazon-to-rally-around-21-here-are-10-top-analyst-forecasts-for-wednesday">Amazon To Rally Around 21%?</a>
<h2 class="wp-block-heading">Capex Surge: A Long-Term Play</h2>
Big tech is gearing up for significant infrastructure spending in 2025, exceeding market expectations. 
Anmuth projects capex of $97 billion for Amazon, $64 billion for Meta, and $62 billion for Alphabet. While these investments may weigh on margins, the long-term outlook remains bullish. 
Amazon and Alphabet are forecasted to expand margins and free cash flow, while Meta's outlook is steadier, despite double-digit revenue and EPS growth expectations.
<h2 class="wp-block-heading">Stock-Specific Highlights</h2>
<ul>
<li>Amazon (Target Price: $280) Amazon&#8217;s dominance in e-commerce and cloud markets positions it for multi-year margin and free cash flow expansion. With high-growth AWS and advertising streams, the company is poised to capitalize on untapped potential in IT and retail digitization.</li>
<li>Alphabet (Target Price: $232) Alphabet's ad business and AI-driven innovation keep it ahead of the pack. Search, YouTube ads, and cloud services present robust growth opportunities, while its "Other Bets" businesses like Waymo and Verily add optionality.</li>
<li>Meta Platforms (Target Price: $725) Meta's dual focus on AI and the metaverse underscores its commitment to long-term growth. Despite increased infrastructure spending, Meta's unmatched reach and targeting capabilities ensure sustained profitability and value for advertisers.</li>
<li>Spotify (Target Price: $555) Spotify continues to ride the audio streaming wave with solid user growth, cost discipline, and profit gains from podcasts and marketplace contributions.</li>
</ul>
As AI matures, these mega-cap tech leaders are well-positioned to reap the rewards of their massive investments. 
While elevated capex may challenge short-term margins, the broader narrative of innovation, efficiency, and market dominance paints a bullish picture for 2025. 
For investors, JPMorgan's favorites—Amazon, Meta, Alphabet, and Spotify—stand as compelling opportunities to capitalize on the next phase of tech evolution.
Read Next: 
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</ul>
Image created using artificial intelligence via Midjourney.

Amazon, Meta, Alphabet, Spotify Lead JPMorgan's 2025 Tech Picks For AI Potential

Meta Platforms Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Instagram has the potential to generate 50% of the company&#8217;s advertising revenue in the U.S., Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-12-18/instagram-expected-to-generate-50-of-meta-s-us-ad-sales-in-2025?sref=TBDibEcD" rel="noreferrer noopener">cites</a> from Emarketer estimates.
Instagram could breach $32 billion in U.S. advertising revenue in 2025, up over 24% in 2024, as its short-form video product Reels gain traction, Bloomberg cites Emarketer. The video-sharing app boasts over 148 million American users.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/12/42554393/disneys-marvel-rivals-game-hits-20-million-players-proves-superhero-power-still-reigns" rel="noreferrer noopener">Disney&#8217;s Marvel Rivals Game Hits 20 Million Players, Proves Superhero Power Still Reigns</a>
By early 2022, Instagram accounted for nearly 30%&nbsp;of Meta&#8217;s global business from 27% in 2021, Bloomberg cited court filings.
Reels competes with ByteDance&#8217;s TikTok and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) YouTube Shorts.
Meta&#8217;s focus on video content has been instrumental to its growth, as users devoted nearly 67% of their Instagram time to surfing videos, Bloomberg cited Jasmine Enberg of Emarketer.
<a target="_blank" href="https://www.benzinga.com/24/12/42369266/meta-reddit-stocks-climb-record-highs-as-tiktoks-battle-against-us-ban-continues-after-court-ruling" rel="noreferrer noopener">The TikTok ban</a> could serve as a tailwind for Instagram, helping it win over 20% of reallocated TikTok ad dollars in the U.S, Reuters cites Enberg.
Meta previously told Instagram Reels accounted for over 50%&nbsp;of the time people spend on the app.
In 2024, 53.7% of Instagram&#8217;s ad revenue primarily came from its Feed features and 24.6% from Stories features. With Reels&#8217; revenue boost, the combined revenue share from Instagram Explore, Reels, and Threads could rise 9.6% in 2025.
In October, BofA Securities analyst Justin Post <a target="_blank" href="https://www.benzinga.com/news/24/10/41465662/metas-reels-monetization-and-ai-innovations-drive-top-ai-pick-analyst" rel="noreferrer noopener">projected Meta&#8217;s upside</a> from ramping up Messaging and Reel monetization powered by new artificial intelligence tools and CRM integration.
Meta Platforms stock surged 79% year-to-date. Investors can gain exposure to the stock through Vanguard Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOX#NYSE">VOX</a>) and The Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>).
<h2 class="wp-block-heading">Is Meta A Good Stock To Buy?</h2>
An investor or trader's decision to buy or sell a stock is unique to their time horizon and risk tolerance. Many typical investors evaluate earnings growth and valuation on a particular stock before making a decision. 
For example, for Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), you'll notice that earnings in its last quarter grew 14.86% <a href="https://www.benzinga.com/quote/META/earnings">source</a>. As an investor, you'll want to decide whether that's better or worse than what you'd like to see among stocks in your portfolio. 
On the valuation side, Meta Platforms's price to earnings ratio &#8211; a measure of how much an investor pays for the company's earnings &#8211; is compressed 15.56% in the current quarter when compared with last year. That places it below similar businesses Alphabet, Baidu, Pinterest in its sector. You'll need to decide whether that makes it more or less attractive based on how you think the company will perform over time.
There are many different valuation metrics that may help you make a decision. Find more on <a href="https://www.benzinga.com/quote/META">Meta Platforms's quote page</a>, or if you'd like a deeper dive in an advanced program, try <a href="https://pro.benzinga.com">Benzinga PRO</a> for free.
Price Action: META stock is up 1.15% at $626.545 at the last check on Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42553094/jabil-q1-earnings-tops-expectations-cloud-and-data-center-growth-outlook" target="_blank" rel="noreferrer noopener">Jabil Q1 Earnings: Revenue And EPS Beat, Cloud and Data Center Growth, Raises Annual Outlook</a></li>
</ul>
Photo via Shutterstock

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