Alphabet (GOOGL 1.70%) (GOOG 1.52%) stock is closing out the week's trading with another round of solid gains. The company's share price was up 1.6% as of 3:20 p.m.
Alphabet Inc./Google's Q1 earnings were strong, with revenue and EPS surpassing market expectations, reinforcing my conviction to maintain a strong buy rating. Google's diversified ecosystem, including robust growth in YouTube Ads, subscriptions, and Google Cloud, showcases its adaptability and potential for sustained growth. Despite market skepticism, Alphabet's fundamentals and high cash gene...
A U.S. judge has set a May 2 hearing to discuss remedies the U.S. Justice Department and a group of states might ask the court to impose on Google after it ruled the Alphabet unit illegally dominates two markets for online advertising technology.
New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The rules would impact robotaxi leader Waymo, as well as would-be competitors including Tesla and Amazon-owned Zoox.
Shares of Google parent Alphabet (GOOGL) climbed Friday, leading shares of several other adtech and AI stocks higher, after showing signs of success with AI features.
The vehicles are currently the only driverless robotaxis that collect fares on rides in the US, operating a fleet of 700 vehicles, with the majority based in San Francisco.
Alphabet Inc., aka Google, really outperformed this quarter, beating top and bottom lines and showing better YouTube advertising revenue. This quarter's results confirm my strong buy rating. I think Google has a lot going for it that isn't priced in, especially with Waymo's significant progress in autonomous vehicle services. Google's stock is also undervalued, trading at a forward PE ratio of ...
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