Alphabet's (GOOGL) Search revenue grew 17% to $63B and Cloud surged 82% to $25B, even as GOOGL still trades at a market-level P/E of 15.
Alphabet's cloud is outpacing Azure's growth at a cheaper multiple than Microsoft (MSFT), while Meta (META) owns none of Alphabet's cloud, OS, or Waymo ***** ets.
Alphabet's $175B+ CapEx pushed free cash flow negative, but a $460B cloud backlog and 34% operating margin justify the infrastructure bet.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Google made the cut. Enter your email to see the other nine names and why GOOGL earned its spot. The report is free. Enter your email and see the full list.
I keep adding to my position in Alphabet (NASDAQ:GOOGL) because the loudest bear case, that AI would gut Google Search and hollow out the ad engine, keeps getting louder while the numbers keep going the other way. The skeptics said generative AI would strip clicks out of the funnel. Instead, AI is actively boosting the advertising business, and my cost basis has been rising alongside the buy ***** on.
#free
Alphabet's cloud is outpacing Azure's growth at a cheaper multiple than Microsoft (MSFT), while Meta (META) owns none of Alphabet's cloud, OS, or Waymo ***** ets.
Alphabet's $175B+ CapEx pushed free cash flow negative, but a $460B cloud backlog and 34% operating margin justify the infrastructure bet.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Google made the cut. Enter your email to see the other nine names and why GOOGL earned its spot. The report is free. Enter your email and see the full list.
I keep adding to my position in Alphabet (NASDAQ:GOOGL) because the loudest bear case, that AI would gut Google Search and hollow out the ad engine, keeps getting louder while the numbers keep going the other way. The skeptics said generative AI would strip clicks out of the funnel. Instead, AI is actively boosting the advertising business, and my cost basis has been rising alongside the buy ***** on.
#free
2 months ago
