Alibaba (BABA) stock rises on report it is developing ChatGPT-like AI bot

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Evercore ISI Defending Alphabet (GOOGL), Says 'GOOG’s AI technology is at least as good as the competition'

February 8, 2023 1:29 PM EST

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $125.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "Google hosted a Google Presents event this morning focused on new AI-powered services across some of its key consumer products primarily Search & Map, with a muchanticipated (though lightly-teased) answer to ChatGPT Bard.... More

Atlantic Equities on Alphabet (GOOGL) Following Microsoft (MSFT) AI Bard: 'potentially impact profitability in the search market'

February 8, 2023 11:33 AM EST

Atlantic Equities analyst James Cordwell reiterated an Overweight rating and $115.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "...the launch does intensify competition and potentially impact profitability in the search market, with this development thus more of a negative for... More

Wall Street analysts upbeat on Microsoft's (MSFT) Bing and Edge ChatGPT integration

February 8, 2023 10:01 AM EST

After Microsoft (NASDAQ: MSFT) introduced its new AI-powered Bing and Edge offerings, which it said is "reinventing search," Wall Street analysts reacted extremely positively.

Microsoft said Tuesday that it is launching an all-new, AI-powered Bing search engine and Edge browser to "deliver better search, more complete answers, a new chat experience and the ability to generate content."

The tech giant stated that it thinks of the tools... More