Veteran Investor Trims Alphabet Inc. (GOOG) Stake, Predicts GOOGL’s Ad Revenue Will Fall
From Yahoo Finance: 2025-05-13 10:44:00
Alphabet Inc. (GOOG) ad revenue is predicted to decrease, with investor Kevin Simpson selling some of his GOOG holdings. Simpson uses Google for 80% of his searches and warns that GOOG’s ad revenue will shift to other companies. Sand Hill Global Advisors CIO Brenda Vingiello also made bearish comments on GOOG.
Simpson and Vingiello both express concerns about the future of traditional search as more consumers turn to AI chatbots. GOOG stock has dropped 4.5% in the last month and 18% in the last three months. Investors are urged to consider other AI stocks for higher returns.
The recent price action of GOOG stock shows a decline, prompting investors to explore other AI stocks for potentially higher returns. Simpson and Vingiello’s bearish comments on GOOG raise concerns about the future of traditional search engines.
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