Alphabet

DeepMind Technologies Limited is a British artificial intelligence company founded in September 2010.  Acquired by Google in 2014, the company has created a neural network that learns how to play video games in a fashion similar to that of humans, as well as a Neural Turing machine, or a neural network that may be able to access an external memory like a conventional Turing machine, resulting in a computer that mimics the short-term memory of the human brain.

DeepMind

YouTube is an American video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.

YouTube

Android is a mobile operating system developed by Google, based on a modified version of the Linux kernel and other open source software and designed primarily for touchscreen mobile devices such as smartphones and tablets. In addition, Google has further developed Android TV for televisions, Android Auto for cars, and Wear OS for wrist watches, each with a specialized user interface. Variants of Android are also used on game consoles, digital cameras, PCs and other electronics.

Android

Nest Labs is a home automation producer of programmable, self-learning, sensor-driven, Wi-Fi-enabled thermostats, smoke detectors, security cameras, and other security systems. It introduced the Nest Learning Thermostat in 2011 as its first product. The Nest Protect smoke and carbon monoxide detector was then introduced in October 2013. After the acquisition of Dropcam, the rebranded Nest Cam was introduced in June 2015. Finally, in July 2016, the Nest Cam Outdoor was released.

Nest Labs

Boston Dynamics is an American engineering and robotics design company founded in 1992 and headquartered in Waltham, Massachusetts, and is a wholly owned subsidiary of the Japanese conglomerate SoftBank Group. Boston Dynamics is best known for the development of BigDog, a quadruped robot designed for the U.S. military with funding from Defense Advanced Research Projects Agency (DARPA), and DI-Guy, software for realistic human simulation. Early in the company's history, it worked with the American Systems Corporation under a contract from the Naval Air Warfare Center Training Systems Division (NAWCTSD) to replace naval training videos for aircraft launch operations with interactive 3D computer simulations featuring DI-Guy characters. The company is a pioneer in the field of robotics and it is one of the most advanced in its domain. Marc Raibert is the company's president and project manager. He spun the company off from the Massachusetts Institute of Technology in 1992.

Boston Dynamics

Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment refers to infrastructure and platform services, collaboration tools, and other services for enterprise customers. The Other Bets segment relates to the sale of healthcare-related services and internet services. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alphabet addresses revenue challenges, bets big on AI innovation

Alphabet navigated revenue challenges in Q4 2022, emphasizing AI opportunities and cost efficiency. The company is focused on innovation, cost reengineering, and sustainable growth across its divisions. Strategic investments in AI, hardware, and Other Bets are key priorities.

Alphabet excels in Q1 with strong Search and Cloud performance

Alphabet's Q1 performance reflects strength in Search, Cloud, and YouTube segments, with a focus on AI and innovation.
Challenges include economic headwinds, expense management, and profitability in Other Bets segment.
Opportunities for growth lie in AI development, Shorts monetization, and evolving partnerships for sustainable growth.
Alphabet emphasizes innovation, user value, and expense optimization to drive long-term profitability and growth.

Alphabet (GOOG) reports strong Q2 earnings driven by Search and Cloud innovation

Alphabet's Q2 performance reflects revenue growth and operational efficiency improvements. The company's focus on innovation in AI and cloud services positions it well for future growth. Challenges in the Other Bets segment and infrastructure investments require strategic management.

Alphabet (GOOG) reports robust Q3 performance amidst AI-driven innovations

Alphabet's Q3 performance showcased strong revenue growth, driven by key segments like Search, YouTube, and Cloud, supported by AI advancements and hardware innovations.
While facing challenges related to geopolitical impacts on advertising and margin concerns, Alphabet's strategic strengths in AI integration, responsible deployment, and diversified revenue streams position it well for future growth.
Opportunities in leveraging AI for advertising efficiency, expanding AI-driven capabilities, and navigating privacy regulations present avenues for Alphabet to drive innovation, revenue growth, and market leadership.
With a focus on customer adoption, technological advancements, and strategic partnerships, Alphabet remains poised to capitalize on its strengths, address challenges, and seize opportunities for sustainable growth.

Alphabet posts strong Q4 earnings driven by AI and cloud growth

Alphabet's Q4 performance reflects robust revenue growth, profitability, and strategic focus on AI, subscriptions, and cloud services.
Strengths in Google Services and YouTube ads underscore revenue diversification and innovation, while challenges in Other Bets and rising costs warrant attention.
Opportunities abound in AI-driven growth, product expansion, and infrastructure investments, positioning Alphabet for continued success and market leadership.

Alphabet (GOOG) reports robust Q1 earnings, eyes $100B YouTube and Cloud run rate

Alphabet's Q1 2024 earnings call highlighted strong revenue growth, AI leadership, and innovation in Search, YouTube, and Cloud. Despite facing challenges in cost management and Cloud adoption, the company is leveraging its strengths in AI and efficiency to drive positive user engagement and monetization. With a focus on research and innovation, Alphabet is well-positioned for future growth and opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Advanced Micro Devices

The AI market is projected to surpass $1 trillion before 2030. Alphabet has a powerful tool at its disposal with its new AI model, Gemini.

2 AI Stocks I'm Going "All In" On In 2024

Challenges include limited growth opportunities, anti-trust investigations hindering M&As, and competitive pressures. The two DCF models present differing perspectives, with one suggesting a fair price of $162.72 and the other, a more bearish model, indicating $135.71. Valuing Alphabet's stock is complex due to the intricate interplay of revenue growth projections, market dynamics, and strategic decisions. Nevertheless, both models indicate that the upside is limited.

Google: Potential Returns Are Very Limited (Hold Reiteration)

Broadcom

Many sailed higher thanks to the results of two giant peers. Meta Platforms and Amazon both delivered excellent quarterly results the previous day.

Why Major Tech Stocks Like Alphabet and Broadcom Flew Higher on Friday

General Motors

SAN FRANCISCO, Feb 2 (Reuters) - Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year's total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on vehicle testing released on Friday showed.

Driverless cars covered 5x more test miles in California in 2023

Apple

Amazon

Microsoft

We saw a slew of earnings this week from the market's leading stocks, and they didn't disappoint. In addition to many other companies that reported earnings, five of the ‘Magnificent 7' informed us of their performance.

Big Tech Crushes Earnings: Which One Should You Buy?

Google parent company Alphabet this week reported a $1.2 billion charge in the fourth quarter to exit office space, a notable cost that largely flew under under the radar in a hectic week, according to a Barclays researcher.

Google parent Alphabet took a $1.2 billion hit to exit office space — news that flew under the radar in a hectic week, says Barclays

NVIDIA

Super Micro Computer

Nvidia has a stranglehold on the growing AI chip market. Alphabet could have more consumer data than any company on Earth.

3 Artificial Intelligence (AI) Stocks to Buy With $1,000 and Hold for Decades

UnitedHealth Group

Stable blue-chip stocks represent the pinnacle of stability and reliability for long-term investors. These established titans boast strong financials, durable competitive advantages, and histories of weathering market volatility.

Blue-Chip Beauties: 3 Stable Stocks to Buy for Long-Term Growth

Tesla

At $12.5 trillion — and likely a whole lot more after Friday — the combined market cap of Microsoft MSFT, +1.56%, Apple AAPL, +1.33%, Alphabet GOOGL, +0.76%, Amazon.com AMZN, +2.63%, Nvidia NVDA, +2.44% and Tesla TSLA, +0.84% is equal to the combined GDP of New, York, Tokyo, London, Los Angeles, Paris, Seoul, Chicago, San Francisco, Osaka, Dallas and Shanghai, according to Bank of America calculations.

Is it a bubble? Magnificent 7 market cap equals the GDP of 11 major cities

HubSpot

Microsoft's partnership with OpenAI is proving to be a game changer. Alphabet is leveraging advanced AI technologies to strengthen its search business.

3 Unstoppable AI Stocks to Buy Hand Over Fist in 2024

Costco

Both of these companies manage to maintain strong profitability in a volatile operating landscape. Alphabet is making strides where it counts and steadily growing its mainstay business.

2 Superb Growth Stocks That Are No-Brainer Buys for 2024 and Beyond

Wall Street continues to love certain stocks, seeing them as great long-term investments. And at the top of the list of stocks with strong buy ratings are many of the mega-cap tech names.

Wall Street Favorites: 3 Long-Term Stocks With Strong Buy Ratings

Google said today that YouTube now has more than 100 million paid users across YouTube Music and YouTube Premium. This number is up from the 80 million paid users the company mentioned in November 2022.

Google says YouTube now has over 100 million subscribers

Google has a bright future ahead, as they continue using AI to increase revenue across their segments. After passing Netflix, YouTube is now the streaming leader for TV viewing in the US. After years of operating losses, the Google Cloud segment had operating profit of $1,716 million on revenue of $33,088 million in 2023.

Google Looks Good Through A Long-Term Lens

Alibaba

Tracking how Big Tech is moving into the European Union's financial services sector is challenging, but it currently does not pose a threat to financial stability, the bloc's financial watchdogs said on Thursday.

Big Tech move into finance to come under closer EU scrutiny

Google announced today that its Bard chatbot is now powered by the Gemini Pro model globally with support for over 40 languages including Arabic, Chinese, Dutch, French, German, Hindi, Japanese, Portuguese, Spanish, Tamil, Telugu, and Malayalam.

Google's Bard chatbot gets the Gemini Pro update globally

Invesco Dynamic Large Cap Value ETF

Invesco S&P 500 Enhanced Value ETF

SPDR Portfolio S&P 500 Growth ETF

SPDR Portfolio S&P 500 Value ETF

American Century STOXX U.S. Quality Value ETF

The Fed seeks more confidence in falling inflation before considering a rate cut. This approach, while prudent from an inflation containment perspective, has led to uncertainty and caution on Wall Street.

Time for Value ETFs as March Rate Cut Unlikely?

Alphabet's advertising business is normalizing, with an 11% YoY growth in total advertising revenue, validating previous predictions. The expansion of Gemini, Alphabet's largest AI model, into core products like Google Ads has the potential to significantly impact the digital advertising market. Alphabet's cloud business achieved its first operating profits in FY23, with a 5.2% operating margin, and is expected to continue growing due to enterprise digitalization and AI initiatives.

Google Q4: Gemini Powers Google Ads; Cloud Continues Growth Momentum

Technology giant Google has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands as part of efforts to green its power supply and hit climate targets, it said on Thursday.

Google signs its largest offshore power agreement with Dutch wind projects

Over the last year, Alphabet and Microsoft's stock have soared +41% and +60% respectively and investors may be wondering if today's selloff is a buying opportunity.

Should Investors Buy the Dip in Alphabet or Microsoft Stock After Earnings?

Alphabet's GOOG latest earnings call grabbed lots of attention from investors hungry for news about how its many artificial-intelligence initiatives are turning cutting-edge technologies into oodles of dollars. But tucked inside the generally positive quarterly report were eye-popping figures for Alphabet's media operations, including YouTube and related subscription services.

YouTube Is A Streaming Giant No One Seems To Notice

For Google parent Alphabet and its investors, the race to dominate artificial intelligence is a balancing act of spending against a potential payoff and an uncertain timetable.

Google parent Alphabet sees AI investment providing long-term opportunities

Google parent company Alphabet Inc (NASDAQ:GOOG)'s fourth quarter results may have disappointed investors but analysts at Wedbush remain bullish on the stock, reiterating their ‘Outperform' rating and $160 price target. “Alphabet reported health 4Q results with total revenue 1.3% above consensus and operating income (excluding one-time expenses) modestly ahead of expectations,” the analysts wrote in a note to clients.

Google parent Alphabet remains AI-driven growth story amid investor disappointment over 4Q results

Investors are finding flaws in earnings, but the long-term growth story for search, YouTube, and the cloud are still intact.

Alphabet Stock Is Down Today. Now Is the Time to Buy

Google has today said its cloud region in South Africa is operational, coming a year after the tech giant picked Johannesburg as its first site in Africa.

News for Alphabet Stock (GOOG)