Decrypting Elon Musk’s Impact on Alphabet’s Stock Price Decrypting Elon Musk’s Impact on Alphabet’s Stock Price

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By Ronald Tech


Elon Musk’s recent negativity towards Gemini AI has sparked concerns about its potential effect on Alphabet’s GOOGL stock price, as discussed by a Reddit user.

The user, known as u/hrm015 and an Alphabet shareholder, sought opinions on whether this situation poses a real risk or is just a “nothing burger.”

Also Read: Google’s Gemini Debacle Is Bigger Than ‘Woke’ Squabbles, Former Reddit CEO Says: Recall The ‘3 Laws Of Robotics’

Community member POWRAXE swiftly responded, indicating confidence with “You’re fine” in response to the thread on r/stocks.

Emphasizing Alphabet’s dominance in various sectors, including AI, the user highlighted Google’s ownership of key data sources like YouTube, Gmail, Google Maps, and Android, advising Musk to concentrate on his ventures.

Contributor Jpaynesae1991 stressed the significance of identifying companies likely to benefit from AI, expressing faith in Google’s proficiency to leverage AI successfully while downplaying concerns about potential threats.

Another participant, Aaco0638, dubbed the scenario a “nothing burger,” touting Gemini 1.5 Pro’s success with the largest context model. Aaco0638 underscored Gemini’s application in business services and integration into Android OS, positioning Google ahead in the AI competition.

The Reddit consensus leans towards disregarding Musk’s comments as a negligible risk to Alphabet’s stock, citing Google’s substantial presence and advancements in AI.

Musk’s history of affecting stocks via social media resurfaces, recalling instances such as the delay mention regarding the Twitter deal and the discussion of Tesla’s acquisition publicly.

Read Next: Elon Musk Calls Out Google’s ‘Woke Bureaucratic Blob’ for Delay In Fixing Gemini AI: ‘This Is Extremely Alarming’

Image courtesy of Google


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