Trump Media, Alphabet, Blackberry-AMD: Trending tickers

Shares of Trump Media & Technology Group (DJT) have fallen dramatically from their highs after debuting on the Nasdaq in March.

Alphabet (GOOG, GOOGL) shares are trading higher after the company resolved problems with its Gemini AI platform. Google revealed the platform in February, which faced consumer backlash over misinformation concerns.

Blackberry (BB) shares are trading higher after the company announced a deal with AMD (AMD) to collaborate on a robotics project, combining software and hardware technologies from both companies.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Editor's note: This article was written by Angel Smith

Video transcript

MADISON MILLS: Well, I'm looking at DJT to kick off the day here, because as you guys were mentioning earlier, this stock is down a little over 35% from its opening day price. So seen a lot of market action there, as some of the company fundamentals are revealed, indicating that this may not be a company that folks are interested in investing in.

But I want to flip the board here and go over to Google, because we had some big news from Google this morning out of their Las Vegas conference. I'm just taking a look at how this name is performing on the "Yahoo Finance" platform, because we're seeing a lot of positive action here.

It's up over 1%. And it looks like it's trading near the highs of the 52-week range, if you take a look on our "Yahoo Finance" app at this name. So this is a big deal, because Google in February premiered their Gemini AI-powered platform. It was showing historically inaccurate images when consumers were using it. They released it a little too early.

Now, the CEO saying on the stage this morning that all of those bugs are fixed. And that Gemini for Workspace, in particular, which is what's going to lead to higher earnings for Google, is performing perfectly. So good market action for Google today, which could drive up the NASDAQ and the other major indices as well.

Also, staying in the tech space, we've got a fun '90s play here, because we've got-- or early 2000s, I should say. We've got Blackberry and AMD coming out with a deal. BlackBerry QNX software platform partnering with AMD on the hardware front in a robotics play.

The two companies coming together to work on a robotics operation. So interesting to see them combining both the software again and the hardware systems within these two companies.

BlackBerry had been down nearly 20% year-to-date. But as of this morning, it looks like Blackberry's stock, if we take a look at that, is up over 5% earlier this morning off the news. It almost hit 7%, which would be their highest gains year-to-date.

So a lot of positive action for the BlackBerry stock today.