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…
lerbank/iStock via Getty Images Investment Thesis Alphabet Inc. aka Google (NASDAQ:GOOG, GOOGL) just wrapped up its annual I/O 2024 developer conference, announcing key features and technological updates. The full presentation can be watched here, whereas the company also has a brief summary of its presentation in under 10 minutes. Expectations were high for Google to…
COM & O/iStock Editorial via Getty Images Meta Platforms’ (NASDAQ:META) stock had plummeted by over 13% following its Q1 2024 earnings report in late April, whereas rivals Google and Amazon saw their stocks rallying post-earnings, despite all three tech companies guiding that they will be engaging in heavy AI-related capex over the next year. Meta’s…
Prykhodov Alphabet Inc. (NASDAQ:GOOG) reported first quarter results on Thursday last week, which caused a big jump in Google’s stock price amid robust momentum in the marketing business. Marketing strength in Google’s core business, advertising, was a major catalyst for growth in the first quarter. Google also announced that it would start to pay a…
vzphotos Alphabet, Inc. (NASDAQ:GOOG) shares are seeing a massive spike higher, as the tech giant’s first-quarter earnings release showed better-than-expected results in both revenue and earnings. On the revenue side of the equation, Alphabet saw strong annualized growth rates of 15% (which is the best quarterly performance that the company has reported since the beginning…
400tmax Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) strong earnings sheet for the first fiscal quarter resulted in a 12% upsurge in Google’s share price after-hours and the technology company seems set for a new up-leg in the near future as well. Google reported much better than expected results due to a strong, continual recovery in the digital advertising…
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Prykhodov What’s Alphabet’s business model? Here is the fact, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has 77% of total revenue coming from the digital advertising business, and 57% of total revenue comes directly from the ads on Google Search. Basically, Google has 91.37% market share in the global search market, and when we search the web for whatever…
In a significant move, Google has begun indexing Bitcoin blockchain data into its search engine results. Users can now search for Bitcoin addresses and see transaction details directly in Google searches. NEW: Google has recently started indexing #Bitcoin data into their search engine 👀 Huge Development 👏 pic.twitter.com/hIAJfLkYXh — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024…
Alexander Koerner The following segment was excerpted from this fund letter. Alphabet / Google (NASDAQ:GOOG,NASDAQ:GOOGL) In early 2023, we initiated an investment in Alphabet, the parent company of Google, at a highly attractive valuation during a period when apprehension about the company’s competitive positioning in AI overshadowed the high-quality nature of its business and strong…
Ole_CNX Thesis Having recently written a piece about the 4 Strongest Balance Sheets in the market, my analysis was Google (NASDAQ:GOOGL)(NASDAQ:GOOG) had the strongest of them all. I have been accumulating Google at these prices and believe the AI image generator flub has presented us with a buying opportunity of one of America’s best businesses….
NurPhoto/NurPhoto via Getty Images Since the start of 2023, Alphabet (GOOGL, GOOG) has been in the middle of an AI frenzy. Seeking Alpha has been flooded with hundreds of articles regarding topics such as Google cannibalizing its Search, AI chatbots from ChatGPT to Gemini and all the drama around it, and Google Cloud. Don’t get…
Jacob Wackerhausen Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) reported strong financial growth in Q4 and full year 2023 which sets the stage for future growth in coming years. This strong growth is observed using the quarterly and yearly revenues, operating income, operating margin and net income. Alphabet is continuously involved in AI development and is poised to further…
Today, moderators of the mailing list for Bitcoin developers, Ruben Somsen, Bryan Bishop, and Warren Togami, announced the migration of the mailing list to Google Groups. “The bitcoin-dev mailing list has migrated from Sourceforge.net where it was originally hosted, to Linux Foundation, to OSUOSL, and now it is migrating to Google Groups,” said Bitcoin developer Bryan Bishop. Subscribers…
Justin Sullivan/Getty Images News Investment Thesis Despite Alphabet Inc. aka Google (NASDAQ:GOOGL) (NASDAQ:GOOG) posting solid Q4 earnings (minus the slight miss on ad revenue), I still believe the search giant is a strong sell. The company’s operating performance, while I’ll admit was fairly strong in this recent earnings report, unfortunately does not mitigate my underlying…
Kenneth Cheung/iStock Unreleased via Getty Images Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has underperformed the S&P 500 (SPX) (SPY) since my previous update in October 2023 as I upgraded it to a Strong Buy. As a result, it seems like the market isn’t convinced that Google’s AI efforts could provide a significant near-term lift in its revenue growth…
400tmax Alphabet Inc. aka Google (NASDAQ:GOOG, NASDAQ:GOOGL) shares intermittently slumped as much as 7% after the company reported Q4 2023 results. The drop in shares came although the Search giant delivered robust YoY growth of 13% and 32% in sales and operating income, respectively. This price action reminds me of investors’ arguably misguided reaction to…
Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no time in marketing their funds, with advertisements already starting to emerge. This revision comes at an interesting time as the discussion…
Shutthiphong Chandaeng Investment Thesis The Trade Desk (NASDAQ:TTD) has outpaced the digital advertising industry as a whole thanks to its innovations in programmatic advertising and market positioning as an exclusively demand side platform (‘DSP’). The company’s tailwinds remain plentiful within the Connected-TV (‘CTV’) and Retail Media verticals. Additionally, a shifting identity landscape as Google’s ‘Cookies’…
Ljupco/iStock via Getty Images Performance Assessment I’ve had a ‘Strong Buy’ stance in Google/Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) since mid last year. Since publication of that last article on the stock, total shareholder return has been +8.36% compared to +4.25% in the S&P 500 (SPY) (SPX), implying an alpha of +4.11%: Performance Assessment Since Last Coverage of…
Google Cloud also said Flare has become part of the Google for Startups Program, which aims to accelerate the growth of Web3 startups. Google Cloud, the cloud computing and data storage unit of the technology giant Google, has entered into a strategic partnership with the Flare blockchain to join the network as a validator. The…
Shutthiphong Chandaeng Introduction Internet privacy is a raging concern at the moment for many web users around the world, and one risk point is the use of third-party cookies for tracking and data collection. While claimed to be harmless and personalized for your own tastes, many feel that it is wrong for large corporations to…
Spencer Platt/Getty Images News Investment thesis When I wrote my initial thesis about Google (NASDAQ:GOOGL), I was cautious, and that did not age well as the stock outperformed the broader U.S. market since mid-May. A lot happened since then, and today, I want to update my thesis about Google. While I believe that Google lags…
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum. In 2023, searches on Google for “Solana” surpassed those for “Ethereum” for the first time since the launch of both cryptocurrencies in…
AI has overtaken crypto in Google searches for the first time since 2020. This is credited to the rise of generative AIs like ChatGPT and the crypto winter. As 2023 is rolling to a close, the industry as a whole is looking back on the year and taking stock of how it performed. One way…
Ole_CNX Investment Thesis Earlier in November, I covered Google (NASDAQ:GOOG) where I discussed the company’s strong balance sheet and potential for high shareholder returns. In this article, I will discuss the company’s recent launch of its AI system, Gemini. This is an important development and shows significant strides Google has been making in AI. Gemini’s…
Spauln Listen below or on the go on Apple Podcasts and Spotify Epic Games wins antitrust fight against Google (GOOG) (GOOGL) over app store monopoly. (00:23) Hasbro (HAS) to cut 900 jobs as it seeks to cut expenses. (01:51) Nokia (NOK) trims 2026 profit margin target after losing AT&T (T) contract. (02:37) This is an…
In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search giant’s revised policy will permit advertisers offering “Cryptocurrency Coin Trusts” targeting the United States, provided they meet specific requirements and gain Google’s…
Google shares responded positively to news of Gemini, although the market is unclear about monetization and how it fairs against GPT 4 Turbo. Google LLC (NASDAQ: GOOGL) shares jumped 5% yesterday when the tech giant announced a new artificial intelligence (AI) model it calls Gemini. Shares added $6.91 to close at $136.93. As of this…
In Jabuary 2024, Google will updated its ad policy related to the advertsing of crypto assets, products, and services. Google is expected to update its policy regarding advertisements of cryptocurrencies and crypto-related products in January 2024. The updates will include clarifications of the requirements and scope of such ads. Starting on January 29, 2024, Cryptocurrency…
While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return. Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time…
Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s ongoing efforts to recruit talent…
In addition to the AI generative AI tools, Google has introduced a set of fresh features aimed at supporting and promoting small businesses, providing them with increased visibility in the digital marketplace. Google, one of the leading global technology companies in the United States, has announced the launch of a series of powerful AI-driven tools…
Market observers believe that Bitcoin is nearing a pullback after its momentum this week. Data from Cryptogambling.tv has revealed a surge in ‘Buy Bitcoin’ searches by Google users globally. Worldwide, “Is it a good time to buy Bitcoin?” saw a 110% gain over the last week, according to Google Trends. In the UK alone, the…
400tmax Alphabet (NASDAQ:GOOG) reported much better than expected earnings for the firm’s third quarter, driven by a rebound in digital advertising spending on both the Google and YouTube ad platforms, resulting in a return to double-digit top line growth. The rebound in the advertising business is good news because slowing ad spending has weighed on…
sjharmon/E+ via Getty Images Article Thesis Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) aka Google reported its most recent quarterly results on Tuesday evening. The company beat estimates easily and reported great ad revenue growth, and yet shares slumped by 6% in after-hours trading. I believe that this does not make a lot of sense and that Alphabet…
400tmax Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is set to report its Q3 2023 earnings on October 24th after the market closes. Despite the still somewhat pressured macro backdrop, I am bullish on Google’s earnings outlook going into the reporting data. In my opinion, there are multiple levers driving a likely strong Q3, notably an acceleration of growth…
Google Cloud has partnered with MultiversX to enhance their presence in the Web 3.0 space. This collaboration aims to streamline large-scale data-centric blockchain projects and enable developers to access critical data effectively. Google Cloud and blockchain infrastructure company MultiversX (formerly Elrond) have joined forces to enhance their presence in the Web 3.0 space. Google Cloud…
Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits. The buzz around the potential introduction of Bitcoin (BTC) into the mainstream financial sector through exchange-traded funds (ETFs) has gained the interest of everyday investors. According to insights from…
Over the last 2 years, there have been a few cuts within the company as part of its goal to “deliver durable savings through improved velocity and efficiency”. Tech giant Google LLC (NASDAQ: GOOGL) has cut at least 40 jobs in its Google News division. According to those familiar with the matter, the reason behind…
Google’s announcement comes amid rising concerns over the copyright issues that have been linked with using generative AI. Google is making it its business to legally protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms. That is if they are ever faced with copyright infringement allegations. The announcement reads…
The freshly introduced Uniswap Android beta app offers a feature that enables users to choose coins from various blockchains without the need to manually switch networks. On Thursday, October 12, decentralized crypto exchange Uniswap unveiled a closed beta Android version of its wallet app. This is the first time that Uniswap is bringing an application…
Doctors will be able to access the information by asking tool-specific questions instead of going through notes and electronic health records. Google Cloud has announced that it has added new AI-powered search capabilities aimed at helping clinicians access accurate information across various types of medical records. While the healthcare industry has a wealth of valuable…
With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model. A week after raising $1.25 billion from tech giant Amazon, OpenAI rival firm Anthropic has tapped Google and others to raise an additional $2 billion in fresh funding. Google had already picked up…
Assistant with Bard is still an early experiment. In the upcoming days, it will be available for early testers, so that Google can collect feedback before bringing the service to the public over the next few months. Google Assistant, Google’s AI-powered voice assistant for Android devices, is incorporating a conversational AI tool Bard. The new…
In addition to smartphones and watches, Google noted that it plans to enhance its virtual assistant with generative AI capabilities. Alphabet Inc’s (NASDAQ: GOOGL) Google has once again taken the tech world by storm with the launch of the Pixel 8 smartphones and a smartwatch with Artificial Intelligence (AI) features. Google’s latest upgrades to its…
hapabapa Amazon’s (NASDAQ:AMZN) advertising strategy has evolved into a robust and competitive force in the digital advertising landscape. While Google (GOOG) (GOOGL) and Meta Platforms (META) continue to be major players with their own strengths, Amazon’s unique blend of e-commerce integration, purchase intent, data, and performance-based advertising has positioned it as a strong rival, particularly…
Traffic on Google Maps has dropped by 40% over the last two years with the introduction of the Apple Switch as the likely reason behind this. Two years following Apple Inc‘s decision to replace Google Maps with its own app as the default service on iPhones, Google managed to recover only 40 percent of its…
Sundar Pichai Anna Moneymaker Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) aka Google has been getting a lot of love from super-investors lately. Bill Ackman has been steadily adding shares, Li Lu has been overweight the stock for years, and Charlie Munger has gone on the record saying that Berkshire Hathaway (BRK.B) “screwed up” by not buying it….
bpperry The Department of Justice and Attorneys General of 38 states allege that Google (NASDAQ:GOOG) (NASDAQ:GOOGL) maintains its monopoly power in the search & search advertising market through a set of exclusive contracts that make Google the default search engine on a range of products in exchange for a share of the advertising revenue generated…