Google will report its Q2 on Wednesday, July 22. Shares are down about 2.5% in the last month and 7% since my last update. I believe Google's AI-related spending spree has been backed up by strong results, and I continue to view the outlook as positive.
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Alphabet (NASDAQ:GOOG | GOOG Price Prediction) told investors on its Q1 2026 earnings call that it now expects to spend $180 billion to $190 billion on capital expenditures this year, raised from a prior range of $175 billion to $185 billion.
Recently, Zacks.com users have been paying close attention to Alphabet (GOOG). This makes it worthwhile to examine what the stock has in store.
Recently, Zacks.com users have been paying close attention to Alphabet (GOOGL). This makes it worthwhile to examine what the stock has in store.
The U.S.
When Mark Lanier and his young client Kaley faced the tech giants in an LA courtroom earlier this year, it seemed a bigger battle than David v Goliath. But they scored a landmark victory, proving that the social media giants had created ‘addiction machines' that harmed mental health.
Alphabet remains a Buy with a $399 base-case price target, reflecting its robust AI distribution moat and resilient operating margins. Recent high-profile DeepMind departures are a temporary setback, not a structural threat; GOOGL's innovation pipeline and scale remain intact. Q1 saw Google Cloud revenue grow 63% y/y to $20B, with backlog doubling to $460B, underscoring surging demand and strong execution.
Every time you open your phone, there's another headline about Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction).
Alphabet continues recovering from a corrective low while testing a pivotal resistance zone that could determine whether the longer-term bullish trend resumes or another pullback develops.
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) has quietly become one of the most compelling risk/reward setups in mega-cap tech.
Aimen Moten moved to the US hoping to eventually land a tech job. A strategic job search helped her land a Google software engineering role.