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Alphabet Class C (GOOG) stock rises on Google’s Shopee AI deal — what traders watch next
Alphabet’s Class C shares (GOOG) rose after Google announced a partnership with Sea Ltd to develop an “agentic” AI shopping prototype for Shopee and integrate AI tools into Sea’s Garena gaming arm. The deal also includes payment integration through Sea’s financial unit, Monee, targeting innovative AI-driven transactions in Southeast Asia. This development, along with a rebound in overall AI sector sentiment following Nvidia’s deal with Meta, pushed Alphabet’s stock up, while traders also eye upcoming U.S. PCE inflation reports for macro-economic guidance.