Why I sold GOOGL shares to buy MSFT
@Chris23:
AI has been a hot topic in the news lately, with OpenAI’s ChatGPT gaining widespread popularity for its ability to interact with users, answer follow-up questions and challenge incorrect assumptions. AI is now recognised as the next frontier for growth and is expected to grow from a market size of US$ 119.78 billion in 2022 to US$ 1,597.1 billion by 2030 with a registered CAGR of 38.1%. Two tech giants which recently showcased their latest AI projects to investors include $Alphabet(GOOGL)$ and $Microsoft(MSFT)$ . However, investors have had contrasting reactions to the showcase, with GOOGL shares falling more than 7% after its AI announcement, whereas MSFT shares