Advertisement
UK markets open in 1 hour 12 minutes
  • NIKKEI 225

    38,401.95
    +849.79 (+2.26%)
     
  • HANG SENG

    17,155.74
    +326.81 (+1.94%)
     
  • CRUDE OIL

    83.54
    +0.18 (+0.22%)
     
  • GOLD FUTURES

    2,342.70
    +0.60 (+0.03%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,585.35
    +144.97 (+0.27%)
     
  • CMC Crypto 200

    1,438.96
    +24.20 (+1.71%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

Are Alphabet's Best Growth Days Behind It?

Are Alphabet's Best Growth Days Behind It?

After overcoming an initial stumble over its artificial intelligence (AI) launch earlier this year, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock has put up impressive results through 2023. There's new competition in search from ChatGPT and Bing, which is now powered by ChatGPT technology, and while Bard AI may have won over critics, it could be hard for the company to pivot to an AI-first search model and still preserve its advertising business. There are also signs that the digital advertising market, which is the source of nearly all of Alphabet's revenue, may be maturing.