Alphabet Stock Surges on Report of Potential Landmark AI Deal with Apple
- Alphabet shares rallied over 7% on Monday morning
- The increase was due to reports that Alphabet is negotiating a deal to license its AI to Apple
- This would be the first major commercial deal for Alphabet's Gemini AI services
- The deal shows Alphabet's ability to capitalize on the vast AI opportunity
- Alphabet stock remains attractively priced compared to market averages