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Stockreport

Bing made Google dance and then stole some search traffic [Verge, The]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Verge, The
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Microsoft CEO Satya Nadella wanted to make Google dance two years ago, with an AI overhaul of Bing that was designed to steal Google's all-important search market share. Now, there are plenty of signs that Microsoft has successfully taken search share off Google, both in the US and worldwide. Earlier this week Microsoft reported that its search and news advertising revenue had grown by $1.6 billion, or 13 percent, over the last fiscal year. Excluding traffic acquisition costs, revenue had increased by 20 percent thanks to “higher search volume and higher revenue per search.” That higher search volume has been persistent for more than a year now, and Jordi Ribas, head of search at Microsoft, revealed on X this week that it has also had an impact on overall desktop search market share. According to Comscore, Bing now has 29 percent of US search share, compared to around 60 percent for Google. That's a 2.1 percentage point increase since the launch of Bing Chat in February 2023. S [Read more]
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Stockreport

Bing made Google dance and then stole some search traffic [Verge, The]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Verge, The
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Microsoft CEO Satya Nadella wanted to make Google dance two years ago, with an AI overhaul of Bing that was designed to steal Google's all-important search market share. Now, there are plenty of signs that Microsoft has successfully taken search share off Google, both in the US and worldwide. Earlier this week Microsoft reported that its search and news advertising revenue had grown by $1.6 billion, or 13 percent, over the last fiscal year. Excluding traffic acquisition costs, revenue had increased by 20 percent thanks to “higher search volume and higher revenue per search.” That higher search volume has been persistent for more than a year now, and Jordi Ribas, head of search at Microsoft, revealed on X this week that it has also had an impact on overall desktop search market share. According to Comscore, Bing now has 29 percent of US search share, compared to around 60 percent for Google. That's a 2.1 percentage point increase since the launch of Bing Chat in February 2023. S [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change
Price Change %
Volume Shares
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Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS