Wall Street analysts applauded the new Apple-Alphabet deal as one that would bolster the investment case for both companies.

Google's market value surpassed Apple for the first time since 2019 as it rolls out updated artificial intelligence features.

Got a confidential news tip? We want to hear from you.

The deal allowing Apple to tap into Google's AI technology was disclosed Monday in a joint statement from the Silicon Valley powerhouses.

Analysts say the deal is likely to be welcomed by consumers - but reflects Apple's failure to develop its own AI tools.

Wall Street analysts applauded the new Apple-Alphabet deal as one that would bolster the investment case for both companies.