Prominent Investor Unloads His GOOG Stock

Larry Ramer

Wed, Apr 16, 2025, 10:19 AM 2 min read

Well-known capitalist Josh Brown disclosed connected CNBC precocious that helium had sold each of his shares of Alphabet (GOOG,GOOGL).

Brown, the CEO of Ritholtz Wealth Management, stated that helium was acrophobic astir the interaction of ChatGPT connected Alphabet's halfway net hunt business.

A laptop and telephone unfastened to Google's services successful an mundane setting.

Details About Brown's Decision and His Motivation

After selling fractional of his GOOG banal earlier this year, Brown precocious parted with his remaining shares.

"Google's (search engine) has ne'er had to vie the mode that it does present with younger generations jumping close into ChatGPT erstwhile they privation to cognize something," Brown asserted. These young consumers "are not looking for bluish links and ads; they conscionable privation an answer," helium explained.

Google volition person to find a mode to woody with this challenge, the capitalist believes.

Brown Suggests That GOOG Is Not Defensive

"I deliberation this volition beryllium a antiaircraft year," said Brown, who asserted that Alphabet and Meta (META) are "the astir reliant connected advertisement revenue" among large-cap tech names. But according to the investor, the moat astir Meta's Instagram is "arguably stronger" than that of Google astir search.

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