Alphabet Stock Jumps on Apple AI Deal Reports, But Pulls Back After Strong Year
• Alphabet shares jumped on Monday after a report it may license AI tools to Apple for iPhones
• Nvidia announced a deepened partnership with Google Cloud to scale AI apps
• Alphabet weekly chart shows a cup and handle pattern with a price target of $216.50
• Google and Nvidia expanding partnership on AI models and developer tools
• Alphabet stock up 45% in past year, but pulled back 1% in premarket Tuesday