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Alphabet’s cloud platform growth is outpacing ad revenue growth and gaining ground on AWS and Microsoft Cloud. I’m bullish on GOOGL stock, especially with an undemanding 23.4 P/E ratio.
Alphabet released its second-quarter 2023 earnings report on July 25, and the stock rose close to 6%, boosted by Google Cloud's record-breaking quarterly revenue of $8.03 billion, the first time ...
Alphabet Inc. beat Q1 estimates with growth in Google Cloud & Waymo. Attractive valuation despite challenges. Click for my GOOGL stock earnings update.
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3 Things Investors Interested in Alphabet Need to Know About Google's Cloud Business - MSNIndeed, Alphabet is likely to be even healthier in the foreseeable future for reasons that have nothing to do with its web-search business. Google's cloud computing arm is an underestimated growth ...
Google-parent Alphabet's cloud business crawled to its slowest in at least 11 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed.
Alphabet Chief Financial Officer Anat Ashkenazi said the vast majority of the company’s $17.2 billion in capital expenditures during the quarter were directed towards the cloud computing business.
Alphabet said Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts’ target. The tech giant’s ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares in Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL), parent company of Google and You ...
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