GOOGL's first-quarter 2025 results are expected to benefit from solid momentum in search and cloud businesses.
I am downgrading Google from strong buy to buy due to trade war pressures on key advertisers Temu and Shein, affecting ad pricing and revenue growth. Despite regulatory risks and antitrust trial outcomes, Google's core search, AI ventures, and cloud growth remain robust, offering long-term bullish potential. Q1 earnings preview shows strong performance with expected EPS of $2.01 and revenue of $89.17 billion, indicating solid year-over-year growth.
If ever a Silicon Valley saga deserved a portmanteau, "ChatGnome" might be it. That's because OpenAI has thrown its hat in the ring as a possible buyer for Google's Chrome browser, should the US government order a sell-off.
Although Alphabet (GOOG 2.81%) (GOOGL 2.74%) is currently undergoing a tough antitrust case, investors pushed the prices of its two share classes higher on the second trading day of the week. Many were cheered by the prospect of a top name in artificial intelligence (AI) potentially buying one of the company's more high-profile assets.
A three-week hearing is under way to address the company's internet search monopoly.
Wall Street will be paying close attention to Alphabet's (GOOGL) quarterly results this week, with the tech behemoth set to release its Q1 report on Thursday, April 24th.
The beloved Mag 7 group has cooled off in a big way over recent months after big multi-year runs, raising some eyebrows among investors.
Google's Chrome browser would have many potential buyers if it were spun off, with OpenAI among them, an OpenAI executive told a court Tuesday (April 22).
Last summer, OpenAI approached Google about a partnership to power ChatGPT, but it got turned down. That information came to light Tuesday (April 22) during testimony by Nick Turley, OpenAI's head of product for ChatGPT, during the remedy phase of the Department of Justice (DOJ) antitrust trial against Google in Washington.
Alphabet's stock has dropped significantly, presenting a potential buying opportunity around $140, despite uncertainties from the trade war and antitrust trial. Google's forward P/E ratio of 14-15 is very cheap, with EPS projections suggesting substantial upside, even in bearish scenarios. Wall Street analysts' price targets indicate significant upside potential, with the average target above $200, suggesting limited downside.
GOOGL's first-quarter 2025 results are likely to reflect strength in Generative AI, search, and cloud amid rising cloud competition and stretched valuation.
Alphabet's Google contemplated deals with Android phone makers such as Samsung last year that would provide exclusivity for not only its search app, but also for its Gemini AI app and Chrome browser, according to a document shown at the second day of an antitrust trial.