The post ChatGPT predicts price of Google stock for start of 2024 appeared on BitcoinEthereumNews.com.

After a challenging 2022, 2023 brought a major resurgence for technology stocks, with major companies such as Nvidia (NASDAQ: NVDA) and Meta (NASDAQ: META) rising by well over 100% since January 1.  The rally and recovery have been largely driven by ever-greater enthusiasm for artificial intelligence (AI) technology, and indeed, some of the biggest winners of the year are heavily involved with its development.  Alphabet (NASDAQ: GOOGL), while failing to achieve triple-digit growth this year and having suffered some setbacks, such as when its October earnings report wiped $200 million from the firm’s market cap in a day, still maintained a mostly upward trajectory. With Google’s triumphs and turbulence, and with 2024 right around the corner, Finbold decided to consult the artificial intelligence of OpenAI’s flagship platform – ChatGPT – to try and figure out where its stock might stand on New Year’s Day. ChatGPT predicts price of GOOGL on January 1 When discussing the likely price for Google’s stock at the start of 2024, ChatGPT proved cautious in its analysis. Overall, it assesses that the shares of the tech giant are likely to stay close to their current price of about $138. According to artificial intelligence, it is probable they will maintain above $134 but are unlikely to rise beyond $152. ChatGPT predicts GOOGL price for January 1. Source: Finbold and ChatGPT ChatGPT, however, conceded that it is possible, should the current positive stock market sentiment persist into 2023, Alphabet’s stock might rise beyond $152 – though it did not specify a possible upper limit. Similarly, the AI stated that should negative news – particularly with regard to Google’s AI ventures – its shares could drop below $134. Still, ChatGPT finds that – while it is not possible to say for certain – it is likely, based on the…

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Filed under: News - @ November 22, 2023 10:18 pm