georgeclerk The following segment was excerpted from this fund letter. Alphabet / Google (NASDAQ:GOOG,NASDAQ:GOOGL) During the first quarter, we initiated a new position in Alphabet ( the parent company of Google, the world’s largest search and online advertising company) as we believe the risk-reward equation has become increasingly attractive for long-term investors with the stock…
400tmax …it took Google more than 15 years to reach $100 billion in annual revenue. In just the last 6 years, we have gone from $100 billion to more than $300 billion in annual revenue Despite following Big Tech closely for the last 5 years, this sentence from Thursday’s call still somewhat surprised me! The…
travelism/E+ via Getty Images Investment Thesis Vanguard Communication Services ETF (NYSEARCA:VOX) warrants a buy rating due to the strong potential for its top holdings to outperform the market overall. Technological advances for Meta Platforms, Inc. (META) and Alphabet Inc. (GOOG) (GOOGL), as well as expected growth for streaming services, will drive strong returns for VOX…
400tmax Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) is probably one of the most intriguing investments among big tech, trading at a significantly low valuation compared to the rest of the group. However, it seems that the company’s management continues to pile one mistake over another, with the latest being a demo of its highly anticipated Gemini model, which…
Justin Sullivan Investment Thesis Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) needs no introduction. The company is the main beneficiary of the shift to the digital world. The firm experienced a nasty sell-off post-earnings due to a missing cloud revenue estimate by ~$200 million. Although the stock has rebounded since then, it seems as if investors are still worried…
Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling. In a recent development, Alphabet Inc (NASDAQ: GOOGL), the parent company of Google, announced the dissolution of its stake in the trading app operator, Robinhood Markets Inc (NASDAQ: HOOD). This decision follows…
Alphabet’s efforts to integrate generative AI technology into more products have been noticeable since the launch of OpenAI’s ChatGPT chatbot late last year. Alphabet Inc (NASDAQ: GOOGL), the parent company of Google, experienced a nearly 7% drop in its shares in pre-market trading to $129.39. This decline in Alphabet stock came as a surprise, especially…
400tmax The main bear case for Alphabet (NASDAQ:GOOGL) is the prospect of share losses in its Search business to Microsoft’s Bing and OpenAI’s Chat GPT and even if its attempts at creating a rival chatbot prove effective it will be more cannibalistic than incremental. The bears are missing the investments in AI underpinning Project Magi…
Justin Sullivan By Breakingviews Alphabet (GOOG, GOOGL) is poised to welcome the autumn harvest. Ruth Porat, the web search giant’s chief financial officer and a former technology investment banker at Morgan Stanley, will move into a new role next month that includes overseeing “other bets,” an eclectic collection of experimental projects. It’s a good time…
Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company. Robinhood Markets Inc (NASDAQ: HOOD) shares closed Thursday trading at $11.54, down 7.23 percent from the day’s opening price. The sudden drop in HOOD shares happened after Google-parent company Alphabet Inc (NASDAQ: GOOGL)…
Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services. Alphabet‘s second-quarter earnings report released on Tuesday shows that the company surpassed revenue and profit expectations despite challenges such as a plunging digital advertisement market and the emergence of AI-powered chatbots. Shares rose about 7% in after-hours…