Analyst Says He’s Selling Alphabet (GOOGL) Amid AI Search Threats – ‘I’m Hearing Search Could Be Down 25%’ This Year

Core Viewpoint - Alphabet Inc (NASDAQ: GOOGL) is facing scrutiny amid concerns about potential declines in its search business due to AI-related threats, with some analysts predicting a drop of 20-25% in search revenue this year [1][2][3] Group 1: Analyst Opinions - Steve Weiss, founder of Short Hills Capital Partners, is reducing his stake in Alphabet, indicating a possible complete exit due to concerns over search performance [1][2] - Weiss claims to have informed sources suggesting that search revenue could decline significantly this year, which he considers a meaningful concern [2] - In contrast, Alphabet's recent results show a 15% year-over-year increase in revenue from its Google Search & Other segment, indicating a discrepancy between market sentiment and actual performance [2] Group 2: Investment Perspectives - Bristlemoon Global Fund views Alphabet as a stock that has been unfairly impacted by negative narratives, which overlook the company's strong fundamentals [3] - The fund began accumulating shares of GOOGL in June and continued to add to its position in Q3, anticipating a shift in market perception regarding AI disruption and terminal value fears [3]