Newly appointed CFO Anat Ashkenazi told analysts to expect a small step-up in Alphabet's (GOOG -0.54%) (GOOGL -0.49%) capital investments in 2025 during the tech giant's third-quarter earnings call. "Likely not the same percent step-up that we saw between '23 and '24, but an additional increase," she said in late October.
Mexican President Claudia Sheinbaum moved forward Monday with her threat to sue Google over the company renaming the “Gulf of Mexico” as the “Gulf of America” on Google Maps, warning the government will take action if Google continues to claim the entire body of water—not just the U.S.-controlled area—now has President Donald Trump's preferred name.
On Feb. 4, Alphabet (GOOG -0.54%) (GOOGL -0.49%) reported mixed performance in the 2024 fourth quarter. Revenue was up 12% year over year to $96.5 billion, lower than the Wall Street target of $96.67 billion.
The markets' reaction to Alphabet's Q4 earnings release was notably negative, as the stock closed the trading session with a loss of almost 7%. I think that the overall negative sentiment around GOOG is currently overblown because the company keeps growing in a high-quality manner. We can't say that the firm has a bad track record history of investments. Some projects didn't fly, but there were more real 'game changers'.
Last month, a new artificial intelligence (AI) model emerged and made headlines in the markets for its effectiveness and low cost. Chinese company DeepSeek said its AI chatbot performed similarly to ChatGPT and that it cost less than $6 million to develop, causing many to wonder whether tech giants are spending effectively when it comes to AI.
Anthropic has asked a judge to let Google keep investing in artificial intelligence (AI) startups. The AI developer went to court Friday (Feb. 14), calling for an end to a U.S. government proposal that would prevent Google from backing AI firms, Bloomberg News reported.
In the history of the stock market, very few companies have ever been worth $1 trillion or more. But Amazon (AMZN -0.73%) and Alphabet (GOOG -0.54%) (GOOGL -0.49%), which is the parent company of Google, are two of them.
Quantum computing stocks have surged since Alphabet (GOOG -0.54%) (GOOGL -0.49%) said it hit a milestone in the cutting-edge technology. The company's Willow quantum chip performed a standard benchmark computation in under five minutes that would take a supercomputer 10 septillion years (a 1 followed by 25 zeros).
Google's head of artificial intelligence, Demis Hassabis, told employees that he's not worried about DeepSeek, according to audio from an all-hands meeting. Hassabis said DeepSeek "exaggerated" cost-efficiency claims and that Google's technology is better.
Google DeepMind CEO Demis Hassabis reportedly told employees Wednesday (Feb. 12) that he is not worried about DeepSeek.
Alphabet's recent 12% stock pullback presents a buying opportunity, with strong earnings potential and a dominant market position supporting long-term growth. Despite a minor revenue miss, Google's core businesses like search, YouTube ads, and cloud services remain robust and expanding. Alphabet's forward P/E ratio of 16-18 is significantly lower than other mega-cap tech stocks, indicating an undervalued investment with strong growth potential.
AI companies and Microsoft want to disrupt Google Search. That's easier said than done. Google Search revenue accounted for almost 57% of its revenue in Q4, similar to what it comprised last year. Disruption? Google Cloud is maturing into a leader, overtaking the growth mantle from a decelerating YouTube.