Google: 2 Ways To Generate Yield From This Growth Stock
@zookie:
What's the latest on Google stock?Playing catchup in AIHave you ever seen a football play where the offense snaps the ball while the defense is still milling about, not set? This is a terrific analogy for Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) position when ChatGPT became the rage. Luckily, being caught flatfooted on one play does not mean the game is lost.Many commentators and investors soured on Google after Microsoft invested billions in ChatGPT to bring its technology to Bing. But the demise of Google Search is greatly exaggerated. According to the latest data on Statista, Google Search held 85.5% of the desktop search market compared to 8.2% for Bing as of March 2023. Google's share is slightly higher than it was upon ChatGPT's release.Alphabet is urgently pushing its artif