A Warning to Anyone Betting Against This AI Stock Poised to Soar
What happens when the hype subsides? That is what investors should ask themselves about Google's parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
There is little doubt that the company was caught with its pants down when OpenAI introduced ChatGPT. took advantage, investing billions to bring the large language model (LLM) chatbot to its Bing search engine. Many companies have tried and failed to hedge into Google Search's dominance over the years, but this is a real threat ... right?
But with a 10% month-over-month traffic drop in June, users spent less time on ChatGPT's site on average. And iPhone downloads are down a startling 38%. So the ChatGPT buzz is quieting already.
Source Fool.com
Microsoft Corp. Stock
€394.30
0.680%
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 6.52% compared to the current price of 394.3 € for Microsoft Corp..
