The Struggle Is Real For Alphabet… And A New Player In The Weight Loss Drug Battle 2/26/24

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 26 February 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Google grappling with some hard times as the stock lags its peers and its AI issues mount. Can the tech titan turn things around? Or could a C-Suite shake up be on the table? Plus, move over Mounjaro…there could be new competition in the weight loss drug battle. The other Danish company making waves with their new results, and how they could tip the scales. Fast Money Disclaimer

Transcript

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0:00.0	Live from the Nasak Market site in the heart of New York City's Times Square.
0:06.2	This is Fast Money. Here's what's on tap tonight.
0:08.7	Google Glitch shares a parent company Alphabet sinking over 4% today as it struggles to get its
0:13.8	footing in the AI race.
0:15.6	Google's now fallen into negative territory for the year. Why can't this once
0:19.8	unstoppable stop seem to get out of its own way plus opportunities
0:23.4	abroad buffets Berkshires betting big on Japan and the ambassador is here
0:27.4	with us with his own picks in the region where he's got a yen for investing
0:32.1	later one a new entry in the way where he's got a yen for investing.
0:32.5	Oh my.
0:33.8	What a new entry in the weight loss drug battle could mean
0:36.6	for the giants in the field.
0:37.8	Bitcoin bounces above 54,000
0:40.1	and takes the rest of the crypto space with it.
0:42.0	And zooming in on Zoom earnings where shares
0:44.2	the pandemic darling are going next.
0:46.5	I'm Melissa Lee coming to you live from Studio B at the Nasak on the Dust Tonight Tim Seymour, Steve Brasso,
0:51.1	Dan Nathan, and Guy Adami.
0:53.1	We start off with yet another stumble for Google
0:55.3	in the AI race.
0:56.1	The company saying today will relaunch its Gemini
0:58.3	AI picture generator in a few weeks.
	...

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