Google $GOOG took a big hit on Wednesday, with shares falling more than 5%. They ended the momentary growth, at least for a while.
Yesterday, when most stocks and indices were giving back gains after Wednesday's plunge, Google stayed around zero and ended the day with a small loss.
Will this be the stock that first starts the correction so others can follow?
Amazon $AMZN will expand its mobile phone offerings for Prime members.
Apple $AAPL will offer high-yield savings accounts.
JP Morgan $JPM now controls more than 15% of US bank deposits.
Google $GOOG now controls more than 90% of global search traffic.
Meta $META just announced that it has 3 billion active users across all of its platforms.
A few companies now control almost...
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I guess it depends, what's "crumb"? At least for me it's wrong that there is an unassailable monopoly in every segment...
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...
3 AI stocks that could beat Google $GOOG and Microsoft $MSFT in the long run 👇
C3.ai $AI: Increasingly popular among institutional investors, but we'll have to wait a few years for real gains.
Palantir $PLTR: Palantir is gaining significant market share in the AI market and its revenues are growing solidly. Despite its "meme" reputation :-)
We are finally seeing some decline in stocks like $MCD $PEP $PG $KO and $SBUX has been added as well I think the decline is not over and so finally those new here will be able to buy into these good stocks for at least some first position to possibly dilute further.. :) It's just a shame that $MSFT and $GOOG haven't joined in yet... :)
I would say that the price of $GOOGL is still not at its ceiling, Google still has room to grow.
From a trade perspective, something might show up, overall now they had a one day drop in big tech, $MSFT went down $10 in one day. Anyway, I'll join the others as I was buying at 89$ too so I'll hold on. Of course, if it bounced back to around $100, I'd probably be overbought. 😊