Nov. 15 at 9:00 AM
$GOOGL $GOOG $GGLL Bullish on Google AI, but the remaining bearish factors weighing on GOOGL (feel more comfortable posting these now that Buffett has bought), can someone who has done a deeper analysis than me put my mind to ease about these :
1. Play store settlement with Epic will lead to a decrease in services revenue (30% negotiated down to 0-20%, with the option of apps allowed to use their own app stores instead of google's play store), company has to eat this one.
2. Ad tech divestiture which DoJ is pushing (DoJ is actually overreaching a LOT in their demands, but still). Perhaps a 20% chance of divestiture?
3. If Gemini's AI in AI mode is very good, it will decrease ad clicks (not eliminate it, leading to decreased revenue.
