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GOOG

Alphabet Inc.

Industry

Internet Content & Information

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.

Open

192.71

Mkt cap

2.3T

Volume

18M

High

194.34

P/E Ratio

25.42

52-wk high

196.89

Low

191.26

Div yield

0.00

52-wk low

131.55

Meta Platforms Inc. (NASDAQ:META) is collaborating with NVIDIA Corp. (NASDAQ:NVDA), Amazon.com Inc (NASDAQ:AMZN) Web Services (AWS), Alphabet Inc.‘s (NASDAQ:GOOG), (NASDAQ:GOOGL) Google Cloud, and Microsoft Corp. (NASDAQ:MSFT) Azure to advance its open-source Llama AI model. This multi-cloud strategy aims to broaden access and accelerate the development of Llama 3.1, Meta's latest AI model. Meta's stock surged by 7.17% in after-hours trading following the announcement.

Portfolio Pulse from Kaustubh Bagalkote

August 01, 2024 | 7:34 am

Google, a subsidiary of Alphabet Inc., has introduced new measures to combat explicit deepfake content in its search results. The company aims to simplify the removal of such content and prevent it from ranking highly. This move follows similar actions by Meta Platforms Inc. and Elon Musk's X to address the issue of AI-generated explicit content.

Portfolio Pulse from Ananya Gairola

August 01, 2024 | 5:48 am

Meta Platforms, Inc. (NASDAQ:META) is aggressively pushing into the AI assistant market, aiming to surpass competitors like Apple Inc.'s Siri, Alphabet Inc.'s Google Assistant, Amazon.com Inc.'s Alexa, OpenAI's ChatGPT, and Microsoft Corp.'s Copilot by the end of the year. Meta's strategy includes integrating AI across its platforms and launching AI Studio for user-created AI agents. The company has reported promising engagement metrics and plans significant capital expenditures to support its AI ambitions. Meta's second-quarter performance exceeded analyst expectations, with shares jumping 7.17% in after-hours trading.

Portfolio Pulse from Kaustubh Bagalkote

August 01, 2024 | 5:05 am

Harris and Trump have collectively booked $122 million in advertising time through the end of August, focusing on five swing states. The primary beneficiaries of this spending are major television networks and local TV conglomerates. Social media platforms like Facebook, Instagram, Google, and YouTube are also seeing significant ad spend.

Portfolio Pulse from Hayden Buckfire

July 31, 2024 | 8:57 pm

JMP Securities analyst Nicholas Jones is optimistic about Amazon's AWS growth, expecting it to outpace Microsoft's Azure. Jones rated Amazon shares with Market Perform and a price target of $225. Microsoft Azure's revenue missed expectations, while Google Cloud beat them. Jones projects Amazon's AWS to grow 18% y/y in Q2, with stable-to-accelerating growth trends through the year.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 4:56 pm

The article discusses the recent market dynamics, highlighting the oversold condition of tech stocks, the impact of a potential China loophole, and the Bank of Japan's rate hike. It mentions the earnings reports of several companies and the positive money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

July 31, 2024 | 3:38 pm

This week in investing, key highlights include Coursera's strong earnings and AI course enrollment, Las Vegas Sands' misunderstood earnings, and the continued decline of the Magnificent 7 tech stocks. Coursera's stock surged 45% due to better-than-expected earnings and AI course growth. Las Vegas Sands faced a temporary decline due to room renovations but showed strong performance in Macau and Singapore. Alphabet and Tesla reported disappointing earnings, contributing to the tech sector's decline. The GDP and PCE reports suggest continued inflation, casting doubt on the likelihood of a September rate cut.

Portfolio Pulse from Gary Brode

July 31, 2024 | 3:18 pm

Barry Sternlicht, CEO of Starwood Capital, expressed skepticism about Federal Reserve Chair Jerome Powell's role in the robust U.S. economy, attributing more credit to companies like Amazon, Meta, and Alphabet. Sternlicht emphasized that many jobs in healthcare, government, and education are not influenced by interest rates.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:42 pm

Needham analyst Laura Martin reiterates a Buy rating on Alphabet (NASDAQ:GOOGL) and maintains a $210 price target.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:37 am

Microsoft's Q4 results showed a slight miss in cloud revenue, leading to a modest sell-off in shares. Analysts remain bullish on the company's AI prospects and future growth in Azure revenue. The miss in Azure's growth rate, now matching Google's, suggests competition with Amazon's AWS. Increased capex is seen as a long-term positive.

Portfolio Pulse from Shanthi Rexaline

July 31, 2024 | 8:39 am

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