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Alphabet:Position Changes: Difference between revisions
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''Return to: [[Investment Ideas]] | Alphabet'' | ''Return to: [[Investment Ideas]] | Alphabet'' | ||
== 2023 February 9 == | |||
I sold the '''<u>complete</u>''' remaining position @92,74EUR or approx. 99,89USD. | |||
Reasons: | |||
* Microsoft is attacking Googles monopoly in search. If Bing proves to be a real alternative they might not only loose market share but their monopoly margins might break due to increased ad price competition. Microsofts CEO Satya Nadella thinks ad prices will reduce. <ref>https://www.theverge.com/23589994/microsoft-ceo-satya-nadella-bing-chatgpt-google-search-ai</ref> | |||
* OpenAI is also integrated into Bings search algorithm itself. Microsoft claims that this caused the largest relevance jump in 2 decades. Another very large threat to Googles search dominance and relevance at the core. <ref>https://blogs.microsoft.com/blog/2023/02/07/reinventing-search-with-a-new-ai-powered-microsoft-bing-and-edge-your-copilot-for-the-web/</ref> | |||
* First tests and demonstrations of Bing with OpenAI included seem to be very attractive. <ref>https://youtu.be/q03pHll0VW4</ref> | |||
* My testing at bing.com reveals that usage is fast, optically pleasing and search results relevance seem to be on par with Google. | |||
* Google stock did not sufficiently adjust to new realities and the first real danger it's facing in decades. Yesterdays selling could just be the first phase on investors getting their heads around of what's going on. There is a saying on the market which says "If you panic, panic first." and i think we are still early enough to panic. | |||
=== Opinions/Additional Arguments === | |||
== 2023 February 3 == | == 2023 February 3 == | ||
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=== Opinions/Additional Arguments === | === Opinions/Additional Arguments === | ||
== References == | |||