Google stock (GOOGL) has faced difficulties in the past. It decreased by over 30% in less than two months in 2022, resulting in a loss of billions in market value and wiping away significant gains in one correction.
A deal to buy wind and solar developer Intersect is the latest in a series of moves that have left Google well prepared for the power crunch facing data centers.
Alphabet Inc. remains a compelling Buy as YouTube's scale and growth reinforce the parent's value proposition. YouTube commands leading U.S. video market share, with ad revenue up 12.9% YoY and paid subscribers reaching 125 million. Estimated YouTube annual revenue ranges $52.8–$61.8 billion, potentially implying a standalone valuation up to $490 billion.
Alphabet's self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion "post-money." The new infusion of cash, which doubles the last fundraising round, includes several new investors, the company said.
Alphabet unit Waymo has raised $16 billion in its latest fundraising round, valuing the self-driving car startup at $126 billion.
Alphabet (GOOGL) is scheduled to report fourth-quarter results after the market closes on Wednesday. Traders expect a substantial move in the shares after the report, potentially to new highs.
Alphabet's fourth-quarter results are expected to benefit from AI-powered Search and Cloud growth, but rising costs and stiff competition pose risks.
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.
Google billionaire Sergey Brin has been linked to two extravagant property purchases in neighboring states.
Google-owned self-driving vehicle startup Waymo is reportedly close to finalizing a $16 billion funding round. That new funding will value the company at $110 billion, more than double its current valuation, the Financial Times (FT) reported Saturday (Jan. 31), citing sources familiar with the matter.
Alphabet is poised for continued double-digit growth, driven by AI momentum and dominance in digital advertising and cloud. The updated DCF model values GOOG at $360.65 per share, reflecting higher growth, margins, and reduced regulatory risk. Recent antitrust rulings and surging Gemini adoption have strengthened Alphabet's search and AI positioning, alleviating major downside fears.
The latest data on the U.S. job market, along with a look at the finances of several top tech, media and pharmaceutical firms, are in store for investors this week.