{"id":84636,"date":"2023-05-03T00:09:40","date_gmt":"2023-05-03T04:09:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84636"},"modified":"2023-05-02T23:17:39","modified_gmt":"2023-05-03T03:17:39","slug":"chegg-shares-drop-more-than-40-after-company-says-chatgpt-is-killing-its-business","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2023\/chegg-shares-drop-more-than-40-after-company-says-chatgpt-is-killing-its-business.html","title":{"rendered":"Chegg shares drop more than 40% after company says ChatGPT is killing its business"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/CHGG\/\">Chegg<\/a> shares tumbled after the online education company said ChatGPT is hurting its growth. \u201cIn the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth and we were meeting expectations on new sign-ups,\u201d CEO Dan Rosensweig said during the earnings call Monday evening. \u201cHowever, since March we saw a significant spike in student interest in ChatGPT. We now believe it\u2019s having an impact on our new customer growth rate.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/05\/02\/chegg-drops-more-than-40percent-after-saying-chatgpt-is-killing-its-business.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. \u201cIn the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth and we were meeting expectations on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84636","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84636"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84636\/revisions"}],"predecessor-version":[{"id":84637,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84636\/revisions\/84637"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}