Google: Quantifying SearchGPT Risks Vs. Google Cloud Upside
GOOGAlphabet(GOOG) Seeking Alpha·2024-09-09 21:32
Kenneth Cheung Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has struggled to enjoy the same AI boost seen at tech peers, in spite of posting resilient fundamental results. I suspect that Wall Street remains hesitant in light of emerging competition in search from the likes of both Microsoft (MSFT) and OpenAI. Wall Street’s fears may be causing it to overlook the strong earnings power of the core businesses, as well as the upside potential from the fast-growing cloud unit. It may surprise some readers to learn  ...