Alphabet Inc (GOOGL)
Google Founders Page and Brin Lose $20 Billion of Net Worth
Since Googleâs founding in 1998, its founders, Larry Page and Sergey Brin, have become fabulously wealthy. Brinâs net worth is $149 billion, and Pageâs is $140 billion. According to the Bloomberg Billionaire Index, each is down about $20 billion this year. 24/7 Wall St. Key Points: Google founders Larry Page and Sergey Brin have each lost about $20 billion in net worth this year. The mega-tech collapse has dragged down Alphabet Inc. (NASDAQ: GOOGL) stock. Take this quiz to see if youâre on track to retire. (sponsored) Brin and Page took Google public in 2004. It changed its name to Alphabet Inc. (NASDAQ: GOOGL) in 2015 to reflect that it is in businesses beyond its core search engine. Although neither is CEO now, they own 14% of the companyâs common shares but have 56% of the voting rights due to what is known as âsuper majorityâ shares. This yearâs collapse in the share prices of mega-tech companies has dragged down Alphabet stock. It is off by almost 13% in 2025, compared to a 200% increase over the past five years. The primary risk that shareholders, including Brin and Page, face is the large investments many companies make in artificial intelligence (AI). Alphabet will spend $75 billion on capital expenditures this year to build out its AI businesses. Futurum Group analysts recently commented on the plan: âWhile Alphabet remains at the forefront of AI integration, mounting competition from firms like DeepSeek and its ongoing infrastructure investments bring renewed scrutiny on capital allocation and near-term returns.â In other words, it is far too early to know if AI will give large tech companies significant returns. Google has about 90% of the search market worldwide, and its Chrome browser has a market share of about 68%. This has brought antitrust scrutiny on Alphabet, and it faces legal challenges. While much of Alphabetâs stockâs value is based on future prospects, some are based on past results. In the most recently reported quarter, revenue rose 13% year over year to $96.5 billion, and earnings rose from $1.64 a share to $2.15. Despite recent financial success, Brin and Pageâs net worths probably depend on Alphabetâs move into AI. Three Tech Titans Spending Ultra-Heavily on Artificial Intelligence The post Google Founders Page and Brin Lose $20 Billion of Net Worth appeared first on 24/7 Wall St..
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.
Should you buy Google stock in March?
Google posted its worst performance in almost three years last month as the price of Google stock (NASDAQ: GOOGL) dropped roughly 16% in February.
3 Stocks Powering the Future of Autonomous Driving
The age of autonomous or self-driving vehicles is nearly upon us. Robotaxis are becoming more commonplace as Alphabet Inc. NASDAQ: GOOGL owned Waymo's robotaxis, which has already delivered 5 million rides, surpassing over 25 million miles of driving.
How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.
Should I invest heavily in my childâs education or give her all the money in her 20s instead so she can retire?
Saving for your children is a noble goal, which is why I enjoyed reading this post in the Fat FIRE subreddit. The Redditor is a 33-year-old male with a $1 million portfolio. He expects to reach his $5 million fat FIRE goal by the time he is 40-45 years old. The Redditor is wondering if he should invest heavily into his childâs education or set her up with a nest egg so she can fat FIRE at a young age. I will share my thoughts, but it is good to speak with a financial advisor first. Key Points A Redditor is deciding whether he wants to invest in his childâs education or give them early access to fat FIRE. The Redditor may want to consider alternatives. Retiring early is possible, and may be easier than you think. Click here now to see if youâre ahead, or behind. (Sponsor) You Donât Want the Kid to Fat FIRE Too Early I am against letting the kid fat FIRE and coast in their early 20s for two reasons. First, the kid may spend the money lavishly and end up outliving it. Itâs harder for someone to appreciate the value of a $5 million portfolio if they havenât worked for it. Teaching your kids about money will make them more financially responsible, but itâs still good to avoidgiving them so much money too early. The second reason giving your child the ability to fat FIRE in their early 20s is a bad idea is because they donât have to work for it. Itâs very fulfilling to grow your career, save money, and reach long-term financial goals. However, having it given to you early can crush their sense of motivation, especially if they know they will receive the money. There isnât as much of an incentive to try hard if a $5 million fat FIRE portfolio is waiting for them shortly after they turn 20. Of course, some children receive a lot of money shortly after becoming adults and do well. However, itâs important for them to work toward long-term goals and have a sense of achievement instead of being presented with money. The Redditor can offer financial support if he desires so she can pursue more options, but she shouldnât be given a gigantic nest egg early in life. Itâs better to prepare it for her so she can inherit it. An Expensive University May Not Be the Best Investment The college education has been losing value. Itâs questionable why a 4-year college education canât be condensed into a 2-year education, and the ROI isnât what it used to be. Administrative bloat and federal loans have resulted in sky-high tuition prices that put people deep into student debt. Most people who incur student debt find it more difficult to buy a house and pursue other milestones like marriage. While the Redditor can pay for his childâs college education, the average graduateâs finances out of college makes it important to question the ROI. If you want to go the college route, itâs financially better to send your child to a community college first, where the credits are more affordable. Then, a reasonable state university can offer relatively low prices and a diploma. The child can also easily earn certificates by completing online classes, and some jobs take those certifications. For instance, you can get cybersecurity certificates from Alphabetâs training courses, which are available on Coursera. Looking at alternative educational routes like trade schools and online certificates from leading corporations can give your child quicker access to career options without excessive tuition costs. The post Should I invest heavily in my childâs education or give her all the money in her 20s instead so she can retire? appeared first on 24/7 Wall St..
Wall Street analyst updates Google stock price amid âhealthy share of incremental AI-driven activity'
A Wall Street analyst has reaffirmed a bullish outlook for Alphabet (NASDAQ: GOOGL) stock at a time when the equity is experiencing volatility tied to general market sentiment triggered by uncertainty regarding trade tensions.
Monster insider trading alert for Google stock
Google's (NASDAQ: GOOGL) valuation relative to earnings might not be as high as some of its rivals and competitors â but like other tech giants, the company is faced with factors that could end up being major headwinds.
Seeking Clues to Alphabet (GOOGL) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Alphabet (GOOGL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Analyst updates Google stock price target
Amidst the Monday market turmoil in the wake of the release of DeepSeek â an innovative Chinese artificial intelligence (AI) model â Alphabet (NASDAQ: GOOGL) investors could wake up to some good news.
How China's new AI model DeepSeek is threatening U.S. dominance
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.
2 Artificial Intelligence (AI) Stocks I'd Love to Buy on the Next Dip
Artificial intelligence (AI) is a massive and expansive umbrella encompassing many different technologies. You are probably familiar with generative AI, like ChatGPT, Perplexity, and Alphabet's Google Gemini (NASDAQ: GOOGL).
