Alphabet's Google margins could be at risk from ChatGPT — Morgan Stanley
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Alphabet (GOOGL) on Watch Following Cautious Note From Morgan Stanley
January 10, 2023 8:59 AM ESTAlphabet (NASDAQ: GOOGL) on Watch Following Cautious Note From Morgan Stanley
ChatGPT's higher cost per query than paid search speaks to GOOGL's margin riskAlphabet shares set to open lower by 2%... MoreS&P 500 likely 'flattish' in 2023, Meta Platforms (META) the best mega-cap stock - JPM's survey
January 10, 2023 7:13 AM ESTAccording to a survey conducted by JPMorgan, the S&P 500 is likely to deliver a flattish performance in 2023. The brokers buy-side survey showed that 45% of investors see S&P 500 being +/-5% in 2023 while 18% see it down 5-15%.
On the recession chances, 45% of respondents said they see a 50-75% probability that the U.S. will enter a recession while 27% of respondents assigned a... More
Active options: GOOGL COIN F NIO INTC M NFLX AAL AMC BAC
January 9, 2023 3:33 PM ESTActive options: GOOGL COIN F NIO INTC M NFLX AAL AMC BAC
... MoreMeta Platforms (META) is top internet stock to own in 2023 - Jefferies
January 9, 2023 9:12 AM ESTJefferies analyst Brent Thill has a neutral stance on the Internet sector for 2023 as he believes analysts will be forced to further cut revenue estimates. On the other hand, the downside is limited as valuation multiples have already fallen significantly. About 70% of Thill's FY23 revenue estimates are below consensus, hence he expects other sell-side analysts to cut numbers, reflecting a weakening macro environment.
We believe the reset in... More
