Why Need to Watch: Alphabet Inc (NASDAQ:GOOGL), Marsh & McLennan Companies, Inc. (NYSE …

Business On Friday Alphabet Inc (NASDAQ:GOOGL) share price closed at $717.78. Company net profit margin stands at 21.20% whereas its return on equity (ROE) is 14.00%. Alphabet Inc (NASDAQ:GOOGL) is -11.42% away from its 52 week high. Making a strong push toward enhancing its artificial intelligence capabilities, the world’s leading search engine giant, Alphabet Inc (NASDAQ:GOOGL) acquired Moodstocks, a French start-up specialized in instant smartphone image recognition. The financial terms of the deal remain under wraps. Moodstocks’ “deep-learning” AI technology, allows computers, including smartphones, to identify and remember objects in the real world. The company said that the on-device image recognition technology was developed in 2012 and has been developing object recognition using deep learning approaches. According to a statement on Moodstocks’ site, monthly recurring users can access the services…


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