Alphabet Boosted by AI, Cloud Demand
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After months of underperforming their tech peers, Alphabet Inc. shares are finally showing signs of life as investors bet that a strong earnings performance will outweigh concerns about a looming antitrust ruling.
AI is a main theme of second-quarter earnings as Alphabet reports this week. Tesla, Mattel, Hasbro and Coca-Cola also report, as Trump policies remain top of mind.
We came across a bullish thesis on Alphabet Inc. on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on GOOG. Alphabet Inc.’s share was trading at $191.15 as of July 21st.
Sundar Pichai's fortune could have increased by a billion dollars had he chosen to hold onto Google shares sold over the past decade.
Alphabet Inc.'s Q2 highlights AI-driven growth and cloud profitability. Click for our updated look at GOOGL earnings and the initiatives that make it a Buy.
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We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.
Alphabet Inc. is set to release its second-quarter earnings on Tuesday. Analysts anticipate robust results, despite concerns over the impact of AI on the company's core search business.
Alphabet Inc.'s $85B AI capex is backed by a $106B cloud backlog, showcasing tangible ROI. Click for my updated look at GOOGL stock post Q2 earnings.
Stocks were mixed Thursday. The Dow Jones Industrial Average fell more than 300 points after Honeywell and International Business Machines slumped on quarterly earnings updates, and as UnitedHealth Group traded lower after saying it was “complying with formal criminal and civil requests” from the U.
While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.
The addition of AI Overviews to Google Search may be one reason why that business continues to show strength. It brought in more than $54.19 billion in revenue during the quarter, representing a good chunk of its overall $71.34 billion in advertising revenue. That was up 10.5% from $64.61 billion in ad sales in the same period last year.
Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.