Investing

🔥 GOOGL Price Plunged! ~ Unbelievable Opportunity?!!!

🔥 Google's Price Plunge

In the world of technology, Google stands as a titan, shaping the future with its groundbreaking innovations. Yet, even giants stumble, and Google's recent hiccup with its Gemini AI project has sent ripples through the tech community and the stock market.

The Stirring Tale of Gemini AI: A Bumpy Ride for Google

Imagine a tool so smart it can whip up pictures, write stories, or compose music in seconds. That's what Google's Gemini AI promised. A marvel of technology, right? But shortly after its grand debut, things took a turn. From bizarre image mishaps to text responses that missed the mark, Gemini AI found itself in hot water, stirring a debate on ethics and bias in artificial intelligence.

Google's head honcho, Sundar Pichai, stepped up to apologize, committing to right the ship. But the damage was done. Google's stock took a hit, sliding down the ranks in the corporate leaderboard.

Opportunity in Blunder…

So here comes the question I asked myself… is this Blunder temporary or a permanent impact on Google’s business?

Here are my thoughts

  1. Google’s main business is still from Ad Revenue from searches… i don’t think that’s going to change just because of gemini’s blunder.
  2. Google has huge cash and capabilities. I do agree that they are behind in the AI Race but I don't think they are a force to be reckoned with
  3. From a business perspective, they have other cash machines like Youtube, adwords, analytics etc… I don’t think it is going to be replaced anytime soon.

Conclusion

Google has fallen… as an investor, i think it is an opportunity to grab it for long term!

Disclaimer: This is purely for education and discussion purposes, not a recommendation to buy or sell!

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