Google’s shares lose $ 120 billion after divorce rumors with Apple – Technologies
Google, alphabet, suffered from $ 120 billion (106.7 billion euros) This week alone, according to Bloomberg accounts. The cause of this fall was due A possible divorce between Google and Appleafter Apple reveals that it is considering other artificial intelligence services (IA) for browser service, Safari.
The shareholders have always been Warning against the risks it imposed on the search engine worksIt is considered the sacred cup of technology. The successive warnings have become real this week, after the statements of an executive of Apple, indicated that the agreement between the two companies, where Google pays $ 20 billion annually to be the Apple Standard Search EngineIt may be in danger.
Google recently added Amnesty International to search engines services, with Gemini to submit the searches in the search, but this Progress may not be sufficient to combat competitors, including Openai and Anthropic. The parent company is a problem, as the search engine represents more than half of the revenues and profits.
The increasing search for Chatbots of artificial intelligence, which has been observed since the Chatgpt version in 2022, may be a threat to Google and The reasons for warning the shareholders are not unjustified. However, the An alphabet shows the ability to recover This was observed in the results of the first quarter, where he came A net profit of 34.54 billionClimbing approximately 50 %.
With the company to highlight anxiety, it is reflected on the addresses, Most Wall Street analysts remain optimistic With regard to the owner of Google. More than 80 % of analysts consulted by Bloomberg maintain their purchase recommendation, which is a lower number of other technology.
Alphabet shares are now almost 30 % from the target price of analysts.
Estimates of analysts are positive, although there is a “surplus of optimism”. with The profit perspective of 115 billionThe market is to continue accompanying the company’s developments, at a time There is a risk of separating the work of the main structure.
