Rezolve AI Ltd (NASDAQ:RZLV) shares are trading higher Wednesday after the company announced a partnership with Alphabet Inc (NASDAQ:GOOGL) in which Google Cloud will resell Rezolve's Brain Suite.
What To Know: Rezolve said it signed a strategic partnership with Google to accelerate the transformation of retail and consumer commerce through advanced AI and cloud infrastructure.
Google Cloud will resell Rezolve AI's Brain Suite, a set of AI solutions that improve customer engagement, optimize operations and drive business growth.
Rezolve and Google expect that the new sales channel will generate more than 50% of Rezolve's forecasted revenue over the "next several years."
"Google's commitment to our vision, alongside their extensive resources and expertise, enables us to accelerate our mission to transform eCommerce. With Google Cloud's global reach, we can drive exponential growth and deliver unprecedented value to retailers worldwide," said Daniel Wagner, CEO of Rezolve AI.
How To Buy RZLV Stock
By now you're likely curious about how to participate in the market for Rezolve AI – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy 'fractional shares,' which allows you to own portions of stock without buying an entire share.
In the case of Rezolve, which is trading at $2.57 as of publishing time, $100 would buy you 38.91 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to 'go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
RZLV Price Action: Rezolve shares initially surged to above $3.90 on the news before pulling back. The stock was up 2.72% at $2.64 at the time of publication, according to Benzinga Pro.
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