Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures
It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings.
Meta and Microsoft are now spending roughly 30% of their annual revenues on capital expenditures. What are they hoping to get from all that investment?
Markets traded higher today, with all major indexes closing near session highs — and erasing yesterday’s tariff panic, now that tariff plans have already been eased for our neighbors to the north and the south.
Online advertising giant Alphabet (NASDAQGOOGL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 11.8% year on year to $96.47 billion. Its GAAP profit of $2.15 per share was 1.2% above analysts’ consensus estimates.
Wedbush’s Scott Devitt said Alphabet will unlikely materially outperform advertising revenue growth expectations in the fourth quarter and 2025 due to forex headwinds and more challenging comps.
While revenue in search, advertising and YouTube businesses was better than forecast, traders are focused on the Google Cloud revenue number, which was 1.9% below the consensus forecast.
Google CEO Sundar Pichai acknowledged China's DeepSeek as a strong AI competitor but emphasized that Gemini models still lead in cost efficiency, performance, and scalability.
Alphabet Inc. revealed that its artificial intelligence-powered search features are achieving monetization rates comparable to traditional search results, marking a milestone in the company's AI strategy.
Stock futures declined as China imposed retaliatory tariffs and investigated Google for antitrust violations. Palantir soared 19% after strong earnings, while Tesla and Clorox faced declines.
Alphabet (NASDAQ: GOOGL, GOOG) is the parent company of Google, a global leader in technology and digital services. The company is set to release its fourth-quarter earnings, with Wall Street analysts expecting revenue of $96.56 billion and earnings per share of $2.13. Alphabet competes with other tech giants like Amazon, Apple and Microsoft.
This week’s reporting docket is considerably stacked, including Mag 7 members Alphabet and Amazon. Let’s take a closer look at analysts’ expectations and a few other key metrics to keep an eye on.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.