Reported 2 days ago
Well-known investors Josh Brown and Joe Terranova expressed concern over Alphabet Inc. (GOOG) following Apple's recent announcement of a decline in internet browser searches. Brown, who sold all his GOOG shares, stated that this could jeopardize Alphabet's dominance in online advertising, while Terranova highlighted the increased competition from AI models impacting GOOG's search business. Both investors suggest that AI stocks may offer better investment opportunities than Alphabet.
Source: YAHOO