What's the future of Google search engine be like ?
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When you are tasked to do a search online, you go to Google or say google something......Nobody says Bing something. That is the power of top of the mind branding . The first brand that comes to consumer mind constantly win. Fast food = Macdonald, Coffee = Starbucks, Credit card = Visa, Electric Vehicle = Tesla ,etc.
These boys have spent lots of money building their brands over the years so much so their products are more than its functional parts. An automotive vehicle like the Benz and Rolls have become a luxury status symbol, associated with the haves and have not.
Microsoft may be able to steal some market share from Google's search engine business but the major slice of the business still lies with Google. And I think it is way too early to conclude the findings at this juncture when we are witnessing the ChatGPT revolution now.......
Mergers and acquisitions may take place down the road for market shares to expand and territory to conquer.
This temporary drop in share price is viewed as an opportunity for me. What about you ?
When you are tasked to do a search online, you go to Google or say google something......Nobody says Bing something. That is the power of top of the mind branding . The first brand that comes to consumer mind constantly win. Fast food = Macdonald, Coffee = Starbucks, Credit card = Visa, Electric Vehicle = Tesla ,etc.
These boys have spent lots of money building their brands over the years so much so their products are more than its functional parts. An automotive vehicle like the Benz and Rolls have become a luxury status symbol, associated with the haves and have not.
Microsoft may be able to steal some market share from Google's search engine business but the major slice of the business still lies with Google. And I think it is way too early to conclude the findings at this juncture when we are witnessing the ChatGPT revolution now.......
Mergers and acquisitions may take place down the road for market shares to expand and territory to conquer.
This temporary drop in share price is viewed as an opportunity for me. What about you ?
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Praise God, those who went long are in profits now. 104.47 is a resistance level to watch, once it breaks above with a bullish signal , I will add on.Nota
cnbc.com/2023/05/11/google-ai-event-sends-alphabet-stock-to-highest-price-since-august.htmlPraise Lord, congrats to all who bought this shares in Feb
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Praise GodNota
bearish pin bar close - signalling profit taking at this resistance levelNota
very strong resistance at 138-140 price range. If this level is breached, then we can see it rally to 150Nota
short term trader can take profits
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.