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Google's Antitrust Woes Spark Analyst Downgrade of Alphabet's Stock
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Major Ratings丨Citizen JMP Securities: Downgraded Alphabet's rating to "In line with the market" while monitoring the progress of the antitrust lawsuit.
Citizen JMP Securities Analyst Andrew Boone has downgraded Alphabet's rating from "Outperform" to "Market Perform," stating that after the surge in Alphabet's stock price, investors have become cautious and are likely to remain on the sidelines. A USA court ruled last year that Google has a monopoly in general search services and advertising, but the court has yet to decide on potential remedies or how to resolve the dispute. The court is expected to hold hearings in March or April this year and deliver a ruling in August. Boone believes this case will become a major focus for investors over the next year, thereby limiting.
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Did Grok 3 also get delayed? Can Musk's "0.1 million GPUs with the strongest computational power" not handle the "next generation AI large model"? | 【Hard AI】
Last summer, Musk stated that the next generation AI model Grok 3 from xAI would be launched by the end of 2024. However, it is now 2025, and Grok 3 has still not been released, nor are there any signs of an upcoming launch. Aside from xAI, Other AI companies are facing similar situations: Anthropic has canceled the planned release of the Claude 3.5 Opus model, originally scheduled for the end of 2024; the flagship model developments at Google and OpenAI have also encountered setbacks.
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