Hacker News Reader

This is actually interesting. If you get you finance news from twitter and reddit you would actually assume that the claim/lie about "50% reduction of Google's stock price" is true and that FAANG is about to collapse along with the rest of the S&P500 and the petrodollar has gone to 0.

Why is that?

LOL Google stock price is more that what it was before ChatGPT's release. Search engine market share hasn't changed by a even 1% neither did profit from search. Every day HN's hyperbole is increasing.

Not 50% but they did lose 100 Billion because of the Bard demo.

They lost about 16% from Feb 8 to Feb 24 but recovered it all by Apr 6. The stock sits around that same level as of May 1.