In a move that could reshape the search engine landscape, OpenAI has announced its entry into the search market with SearchGPT. This AI-driven search engine poses a significant threat to $Alphabet(GOOG)$ long-standing dominance in the sector. SearchGPT leverages OpenAI's powerful GPT-4 model to offer a revolutionary search experience. Unlike traditional search engines, it provides organized, understood information rather than just a list of links. The intuitive interface, asking users "What are you looking for?", signals a shift towards more natural, conversational search interactions. Key features like follow-up questions and a planned "visual answers" function could give SearchGPT a competitive edge. The potential integration wit
Alphabet's Ad Revenue Misses: A Bottom Chance?
Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate. But the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. ---------------- How will Alphabet's ad misses imply for other companies? Like Meta and Snap? What's your target price for Alphabet? Is it a good bottom chance as the company beats the most indicators?
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