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GOOGLBEARMETANEUTRALMIXEDFLIPPEDCNBC FAST MONEY · BULLISH IN AUGUST → BEARISH IN AUGUST

Alphabet's ad business under siege from OpenAI

A bearish concern was raised that OpenAI's emerging, fast-growing ad-supported business could become a competitive threat to Alphabet's core digital advertising revenue over time.

CNBC FAST MONEY CHANGED ITS VIEW

BULLISH FOR 0 DAYS, THEN THE TURN
THEN31 AUG · BULLISHThe bull case argued Alphabet is a premier franchise trading at an attractive valuation with strong support around $320, underpinned by an intact core business and an underappreciated YouTube asset.NOW31 AUG · BEARISHA bearish concern was raised that OpenAI's emerging, fast-growing ad-supported business could become a competitive threat to Alphabet's core digital advertising revenue over time.

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