This situation is quite silly. The media is blowing it out of proportion and believes OpenAi is the second coming of Jesus. Google has 91% market share of Search, and Bing has about 2% share. Microsoft, part owner of OpenAi, plans to grow their search efforts and compete with Google search. The threat is that Bing may take a couple percent. In reality, people...
Charts first: 258.78 is double support we can count on, structure is quite strong. 313 will be our main target for 2023 and it could come fast as the news are Huge: Microsoft has announced a new version of its search engine Bing, which incorporates the latest in artificial intelligence. The overhaul deploys OpenAI's ChatGPT technology, which has taken the...
As you can see, the last chart was pretty accurate: Now I think this year we will see Google losing ground in the advertising industry. The Justice Department filed an antitrust lawsuit Tuesday against Google alleging the company of abusing its dominance over smaller rivals by operating like an illegal monopoly. MSFT Microsoft bought a 49% stake in OpenAI, who...
This is a hypothetical short position on Google. The basis for this is that Google, despite being pioneers in AI and search have fundamentally been blind sighted by chatGPT and could legitimately go to zero (although it's more likely is a rebound ~68). Here we have 3 positions. The first is OTM PUTS just below S1 which should be short dated or put calendar...
MSFT has reached our Buy area: Microsoft purchased a 49% stake in OpenAI, creator of ChatGPT, for $10 billion. Which i think it will turn out to be the best investment in MSFT history! Microsoft Corporation (MSFT) integrates Chat GPT into its Bing, Office, and it Azure service! Now looking at the MSFT Microsoft options chain ahead of earnings , I would buy the...
Chip maker Taiwan Semiconductor Manufacturing Company Ltd. may benefit from ChatGPT. Their scope is international and they manufacture 95% of small chips. Targets: confluence of 2 forks, VAH and fib 0.618 SL idea: $86 is below the intersection of the 2 forks medians and below a 4hr fractal
people have used it to cheat on university exams. people with no coding experience have used it to develop software. people use it to penetration test vulnerabilities in networks. its all cloud based supercomputing. does this mean openai is going to change the world? no. does it mean microsofts cloud computing business is saved? no. does that mean its a good...
"Which one is the better buy for growth" was the question asked of me. I used chat gpt to help. then I ran fundamental, technical, and some macro questions to try to decide. summary: 2023 may be murky, but both will do well in 2024 and beyond.