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Why AI Poses ‘a Real Risk’ to Google’s Search Revenue

STOCK ALERT Piper Sandler says that while Google may have a “fortress-like market share,” artificial intelligence is weighing on the internet company.  Analyst Thomas Champion lowered his price target on Alphabet (ticker: GOOGL) to $117 from $120 in a report Friday, calling AI “a real risk to Google Search revenues. Read More...

STOCK ALERT Piper Sandler says that while Google may have a “fortress-like market share,” artificial intelligence is weighing on the internet company. Analyst Thomas Champion lowered his price target on Alphabet (ticker: GOOGL) to $117 from $120 in a report Friday, calling AI “a real risk to Google Search revenues.

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