Is Alphabet's Search Risk Really Priced In?
Stress Testing Rosenblatt's $410 Thesis Alphabet's recent financial performance has sparked debate among analysts about whether concerns over AI chatbots disrupting Google's traditional search dominance have been overstated or simply repositioned.
The numbers suggest that the search business is still growing, but at a slower pace than previously seen. Google Search & other revenue grew 17% year over year to $63. 3 billion in the second quarter of this year.