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No sign of Google search share loss despite ChatGPT growth - BofA

March 13, 2023 2:24 PM EDT

BofA's Justin Post told investors on Monday that Alphabet (NASDAQ: GOOGL) CFO Ruth Porat's recent commentary on AI suggests "products are coming and costs are manageable."

The analyst, who has a Buy rating and $125 price target on Alphabet, added that there are no signs of Google search share loss despite ChatGPT's growth.

"Recent daily traffic data indicates that... More

Google 'remains the clear leader in search' - TD Cowen

March 10, 2023 2:32 PM EST

In a note to clients Friday, TD Cowen analyst John Blackledge told investors in a research note that in a survey it conducted, Alphabet's (NASDAQ: GOOGL) Google search engine "remains the clear leader in search."

The analyst revealed that 89% of respondents used... More