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GOOGL's fourth-quarter 2024 results are likely to reflect strength in generative AI, search and cloud.
This earnings week is a pivotal moment for investors, with Amazon, Alphabet, and Disney at the centre of financial markets' attention. While analysts traditionally focus on revenue and profitability, this quarter's results are about more than just numbers.
Lawyers for Alphabet's Google and "Fortnite" maker Epic Games are set to square off before a U.S. appeals court in California on Monday, as Google tries to undo a jury verdict and a judge's order forcing it to revamp its app store.
British payments startup GoCardless reported a net loss of £35.1 million ($43.8 million) in the full year ending June 2024. GoCardless CEO Hiroki Takeuchi said its his aim for the company to post its first full-year profit in 12 to 18 months' time.
For three quarters running, Alphabet (Nasdaq: GOOG) (Nasdaq: GOOGL) has surprised and delighted its shareholders with estimate-beating earnings reports.
Although DeepSeek gave investors a scare when its R1 model impressed everyone with its performance at its price point, it's becoming clearer that this breakthrough wasn't a death blow to the domestic artificial intelligence (AI) industry. Instead, it challenged the notion that the U.S. is the only place where AI innovation is happening and could be an even bigger catalyst for AI over the long term.
Google parent Alphabet (GOOGL) is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.
DeepSeek last week shook markets with its promises of lower-cost, lower-energy artificial intelligence that could go head-to-head with platforms like ChatGPT. And as interest in the China-based AI developer's chatbot surged, it raised concerns over whether the biggest U.S. technology companies, who have poured billions into AI themselves, had essentially lit their money on fire.
Google is expected to report strong earnings for Q4, with projected revenue of $97 billion and operating profit of $30.8 billion, reflecting significant YoY growth. Favorable ad spending trends and robust AI-driven cloud business growth support the expectation that Google will meet or exceed these targets. Investors should watch for capital allocation insights, with consensus expecting $153 billion in operating cash flow and $60 billion in CAPEX for 2025.
Earnings from tech, media, and pharmaceutical firms could be in the spotlight this week, with Google parent Alphabet (GOOG, GOOGL) and Amazon (AMZN) set to report, along with Disney (DIS) and weight-loss drugmakers Novo Nordisk (NVO) and Eli Lilly (LLY).
One path to amassing a fortune is to identify the next big thing and invest in the companies poised to emerge as the leaders in it. For example, you might have bought shares of Microsoft in the early days of the PC or Amazon in the early innings of the internet.