Alphabet (GOOG, GOOGL) 02 (Aug 17 - Dec 25)

[winston]

not vested

Here's Why I'm Buying the Dip on Alphabet's Stock

by Keithen Drury

Q4 was solid all around for Alphabet

Advertising revenue makes up 76% of Alphabet's total.

Alphabet's Ad revenue increasing 11%.

YouTube: Ad revenue increased by 16%.

Google Cloud's revenue rose 26% in Q4 to $9.2 billion, with an operating margin of 9%.

Source: The Motley Fool

https://finance.yahoo.com/news/heres-wh ... 00014.html

[behappyalways]

PR Scramble: Google CEO Blasts "Unacceptable" AI Gemini Amid Boycott Calls
https://www.zerohedge.com/technology/pr ... cott-calls

[winston]

not vested

Here's Why It May Be Time To Sell Shares Of Google Stock

by VIDYA RAMAKRISHNAN

Google stock triggered two sell rules after fourth-quarter results.

Its technical ratings are weakening as competition from Microsoft heats up.

Source: IBD

https://www.investors.com/research/goog ... src=A00220

[behappyalways]

Gartner speculates that search engine volume will drop 25% by 2026, due to AI chatbots and virtual agents.

This is a big problem for Google, as their AI game is struggling hard
https://twitter.com/Mayhem4Markets/stat ... 5593707862

[behappyalways]

Alphabet Shares Higher On Report Apple In Talks To License Gemini For iPhones
https://www.zerohedge.com/technology/al ... ni-iphones

[behappyalways]

Google Eyes Paid AI Search Features, Explores Subscription Model; Report
https://www.zerohedge.com/technology/go ... del-report

[winston]

not vested

1Q Earnings

Alphabet: Search advertising may be Google’s big moneymaker but growth in that business has stalled in the single digits in recent years.

The rise of generative AI threatens to further dent the search business — it’s not at all clear whether ads will play as central of a role in a world where people get their information by conversing with an AI chatbot.

What kind of near-term and medium-term growth prospects does Alphabet’s management foresee for the company’s foundational search business?

Source: Fortune

[winston]

not vested

Alphabet Inc. (GOOGL) – 1Q Earnings

Google-parent Alphabet reported first-quarter earnings per share of $1.89, an increase of 61.5% compared to earnings of $1.17 per share a year ago.

This also beat analysts’ earnings expectations for $1.50 per share by 26%.

Revenue climbed 15.4% year-over-year to $80.54 billion, up from revenue of $69.7 billion in the same quarter a year ago. Analysts had called for revenue of $78.70 billion.

One important number to note in this report is Google Cloud sales, which increased 28.4% year over year to $9.57 billion.

Likewise, YouTube advertising revenue increased 20.8% year over year to $8.09 billion.

Now, it is important to note that Alphabet did have a big announcement in its earnings release.

The board approved the company’s first-ever cash dividend of $0.20 to be paid on June 17, 2024, to stockholders of record as of June 10, 2024. The company proceeded to note that it “intends to pay quarterly cash dividends in the future.”

Following this news and the company’s earnings beat, shares of GOOGL jumped 14% this morning.

Source: Investor Place

[winston]

not vested

GOOGLE inc. - Stock Analyst Research
Target Price* 195.00
Recommendation ACCUMULATE

Alphabet Inc. - Growth accelerating across all segments

1Q24 revenue was within expectations, but PATMI was above due to higher operating leverage.

1Q24 revenue/PATMI were at 23%/27% of our FY24e forecasts.

Growth on both top (15% YoY) and bottom lines (57% YoY) as a result of:
1) resilient Search ad growth (13% YoY) and increasing YouTube monetisation,
2) Cloud acceleration (28% YoY), and
3) continued focus on cost optimisations.

We raise our FY24e PATMI by 8% as a result of GOOGL’s continued focus on near-term margin expansion while also increasing FY24e CAPEX by ~US$10bn to account for higher AI infrastructure investments.

We maintain ACCUMULATE with a raised DCF target price of US$195 (prev. US$154).

Our WACC remains unchanged at 7.3%, while we increase our terminal growth rate assumption to 4.5% (prev. 3.5%).

We expect GOOGL to benefit from AI-related product improvements and efficiencies, which will help drive advertising dollars while also being well-positioned to capture more eyeballs through increasing user time spent on connected TV.

Source: Phillips

https://www.poems.com.sg/stock-research/GOOGL/

[behappyalways]

Google releases Gemini new model! Generate AI video search engine. Avoid thinking about "keywords"

谷歌發表Gemini新模型! 生成AI影片 搜尋引擎.免想「關鍵字」｜方念華｜FOCUS全球新聞 20240515 @tvbsfocus

https://m.youtube.com/watch?v=HeXV9LoyhRc