Analysts are raising their outlook for Alphabet, pointing to the resilience of Google's core search business despite the rise of AI-driven competition and the company's growing AI ecosystem as key sources of future growth. Evercore ISI has highlighted Google's strengthening search position and Gemini's gains against ChatGPT even as Tigress Financial has pointed to AI-led opportunities across Search, Cloud and YouTube, alongside new monetisation avenues from Gemini and custom AI chips.
Alphabet's autonomous driving unit Waymo will roll out its autonomous all-electric ride-hailing service in Singapore by 2028, Waymo announced on Friday, marking its first entry into Southeast Asia.
Alphabet Inc. (GOOG) concluded the recent trading session at $343.87, signifying a +1.33% move from its prior day's close.
Alphabet (GOOGL) closed the most recent trading day at $347.33, moving +1.3% from the previous trading session.
The United Nations on Thursday announced that it is working with Google to make its vast collection of global statistics easier for AI systems to access and use.
Google's lead in search has strengthened and AI is leading to new growth, an Evercore ISI analyst notes.
Alphabet's 7% slide reflects heavy AI spending and FCF pressure, even as Cloud growth, backlog and AI adoption support long-term prospects.
Alphabet has beaten earnings estimates in every single quarter on record, yet one specific risk nearly derailed its last report despite a triple-digit EPS surprise.
Alphabet's Search dominance built the empire, but a fast-moving segment now dwarfs it in growth rate and commands a backlog larger than the company's entire annual revenue. Here is what that shift means for where the stock goes next.
Regulators keep throwing billion-dollar fines at Alphabet and the company barely notices, which raises a more interesting question about how you value a business that outgrows its own penalties every few weeks.
The measures, which fall short of a breakup demanded by the government, effectively ensure that the tech titan's business will continue largely unscathed.
Investors have been fixated on the relative performance of Alphabet's AI models when they should instead be cheering the company's cloud potential, an analyst says.