Alphabet's AI advancement to leadership, particularly in large language models (LLMs), is noteworthy, but LLMs alone don't generate revenue. Alphabet's ad business has lagged behind Meta's, which has successfully integrated AI into its advertising and analytics systems. With earnings approaching, I don't expect any surprising revenue-generating products from Alphabet, given its recent lack of revenue-producing innovation.
Like several other members of the Magnificent Seven, the tech giant is under pressure. The stock is down 27% from its 52-week high and is 20% in the red year-to-date, firmly in bear market territory.
Jim Cramer breaks down why he's keeping an eye on shares of Google.
Google will argue against a breakup of the company in a three-week trial starting Monday (April 21), while the Department of Justice and several state attorneys general will advocate for the remedies they have proposed for Google's dominance in the search market. The trial will be heard by U.S.
Alphabet Inc (NASDAQ:GOOG)'s Google is headed to court on Monday in Washington, DC, for a major antitrust trial that could force the company to give up control of its Chrome browser and change how it handles search engine deals. The US Department of Justice (DOJ), backed by 38 state attorneys general, has accused the company of using its size and money to block competitors and hold onto its dominance in online search.
Just as companies are ramping up their artificial intelligence (AI) deployments in areas ranging from customer service to manufacturing, the U.S. government is seeking to break up two of the biggest AI players, which could have repercussions for AI development and investment for years to come.
Of course, Google has an unlawful monopoly on online ads, as a federal judge found Thursday, just like a different federal judge found last year that Google has an unlawful monopoly on online searching; everyone knows that "googling" means online search.
Alphabet's Google faces a historic trial on Monday as U.S. antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.
Alphabet's valuation has declined by almost a quarter since the Q4 2024 earnings in early February. While Google missed the revenue estimate and the cloud revenue was lower than estimate, most of the other indicators in the previous earnings call were good. Wall Street is also cautious about the $75 billion capex announcement for 2025, and we could see some downward adjustment to this figure due to trade uncertainties.
On Monday, the tech giant and the U.S. government face off in court over how to fix the company's online search monopoly. The outcome could alter Google and Silicon Valley.
Alphabet (GOOG -1.44%) (GOOGL -1.44%), the parent company of Google, is considered to be a sound long-term investment. The tech giant's stock has rallied more than 480% over the past 10 years as its advertising and cloud businesses has expanded.
While investors have questioned the impact of artificial intelligence (AI) on Alphabet's (GOOGL -1.44%) (GOOG -1.44%) business, the company is quietly becoming an AI leader. This is evident from two recent AI announcements.