Alphabet (GOOG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Alphabet (GOOGL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Key Points in This Article: Alphabet (GOOG, GOOGL), Microsoft (MSFT), and Apple (AAPL) lead global profitability with $111 billion, $101 billion, and $99 billion in trailing 12-month net income, respectively.
Google's core Search, Cloud, and Subscription businesses remain robust despite AI competition, with financials showing continued strength and growth. Alphabet's integrated ecosystem is a unique competitive advantage, crucial for AI development, and unlikely to be broken up by antitrust actions. Audio/visual generative AI is the next frontier, and Google leads with innovations like VEO-3 and Genie-3, leveraging its vast data resources.
Alphabet is accelerating in AI and quantum computing, with major breakthroughs like quantum supremacy and the Willow chip, positioning it as a future leader. Unlike speculative pure-play quantum stocks, Alphabet offers lower risk, due to its massive cash reserves, R&D budget, and diversified ecosystem. Smaller quantum computing firms face significant financial risks and may struggle to compete with Alphabet's resources and innovation pace.
AI can plunge into the depths of the internet, analyze thousands of words and repeat until it's satisfied.
CNBC's MacKenzie Sigalos reports on Alphabet's anniversary.
GOOGL's AI-powered Search and surging Google Cloud revenues fuel an 11.3% stock gain in the past month, outpacing the tech sector.
As human-spaceflight missions grow longer and travel farther from Earth, keeping crews healthy gets more challenging.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
South Korea on Friday delayed a decision on Google's request for permission to export map data following U.S. pressure to address what Washington regards as a non-tariff barrier during recent trade talks, its transport ministry said.
Alphabet's Q2 results show accelerating revenue growth and robust operating margins, with Google Cloud delivering standout performance and margin expansion. Despite soaring CAPEX and a short-term plunge in free cash flow, I view AI infrastructure investments as essential for long-term growth. Valuation remains attractive, with the P/E ratio still showing undervaluation relative to fundamentals and sector peers, supporting further multiple expansion.