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Stockreport

3 reasons why Google's Gemini could be the big bogeyman of the AI trade [Business Insider]

Broadcom Inc. (AVGO)  More Company Research Source: Business Insider
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
and start reading now. Have an account? Log in New research lays out the threats Google's Gemini poses to the AI trade. Tom Essaye, founder and president of the Sevens Report, is worried about Gemini taking market share from ChatGPT. He argues overall that Gemini changed how investors view spending on AI from hyperscalers. While Anthropic's Claude AI has snatched headlines recently for disrupting the software industry, one researcher says there's perhaps an even bigger bogeyman lurking in tech. Tom Essaye, founder and president of the Sevens Report, says Google's Gemini threatens major potential disruptions to how investors currently see major AI firms. In a note to clients on Tuesday, Essaye highlighted three risks posed by Gemini, in particular its November update. The first is that it could take market share from OpenAI's ChatGPT. That, in turn, could hurt OpenAi's ability to deliver on the $1 trillion in spending it has promised to firms like Nvidia, he said. Se [Read more]

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Stockreport

3 reasons why Google's Gemini could be the big bogeyman of the AI trade [Business Insider]

Broadcom Inc.  (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
and start reading now. Have an account? Log in New research lays out the threats Google's Gemini poses to the AI trade. Tom Essaye, founder and president of the Sevens Report, is worried about Gemini taking market share from ChatGPT. He argues overall that Gemini changed how investors view spending on AI from hyperscalers. While Anthropic's Claude AI has snatched headlines recently for disrupting the software industry, one researcher says there's perhaps an even bigger bogeyman lurking in tech. Tom Essaye, founder and president of the Sevens Report, says Google's Gemini threatens major potential disruptions to how investors currently see major AI firms. In a note to clients on Tuesday, Essaye highlighted three risks posed by Gemini, in particular its November update. The first is that it could take market share from OpenAI's ChatGPT. That, in turn, could hurt OpenAi's ability to deliver on the $1 trillion in spending it has promised to firms like Nvidia, he said. Se [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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)

%

VOLUME RATIO
%

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