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Alphabet's Ad Revenue Stumble Alphabet Inc. ( NASDAQ:GOOG ), the parent company of tech giant Google, faced a tumultuous day in the stock market as shares slid 6%, erasing a staggering $110 billion off its market capitalization. The market's reaction came in the wake of Alphabet's ( NASDAQ:GOOG ) latest earnings report for the final quarter of 2023, where disappointing advertising revenues took center stage. The Numbers Game: While Alphabet ( NASDAQ:GOOG ) managed to exceed expectations in terms of profits ($1.64 per share) and overall revenue ($86.3 billion), it was the advertising segment that fell short. The $65.5 billion in ad revenue missed Wall Street's forecast of $66 billion, triggering a significant sell-off and sending shockwaves through the financial community. CEO Sundar Pichai's Perspective: In the midst of the market turbulence, Alphabet's CEO Sundar Pichai highlighted the company's ongoing commitment to artificial intelligence (AI). Pichai emphasized the launch of Gemini, a ChatGPT rival, and recent strategic shifts, including layoffs, aimed at reshaping the company's business model around technology. Google Cloud Shines Amidst the Ad Revenue Dip: Despite the disappointing ad revenue figures, there was a silver lining in the form of Google Cloud. The division saw a remarkable 26% year-on-year increase, surpassing expectations with $9.2 billion in revenue for the last quarter of 2023. Pichai expressed optimism about the future, especially as the company enters what he referred to as the "Gemini era." Market Skepticism: However, analysts and investors remain skeptical as advertising still constitutes a substantial 80% of Alphabet's ( NASDAQ:GOOG ) total income. Kathleen Brooks of online brokerage XTB noted in a statement, "Ad revenue was weaker than expected, and at heart, Google is considered an advertising company with ambitions to move into the AI space." This skepticism, coupled with the market's limited patience for earnings misses from major tech firms, led to the swift decline in Alphabet's ( NASDAQ:GOOG ) stock value. The Aftermath and Future Outlook: Alphabet's ( NASDAQ:GOOG ) stock, despite the recent setback, has still seen an impressive 50% surge over the past 12 months. The question now is whether the company can swiftly recover from this stumble and how its foray into AI, highlighted by Pichai, will play a role in reshaping its future. As Alphabet ( NASDAQ:GOOG ) navigates the challenges of balancing its traditional advertising stronghold with ambitious AI ventures, investors and industry observers will be closely watching to see how the tech giant manages to regain lost ground. Conclusion: The $110 billion wipe-off in Alphabet's valuation serves as a stark reminder of the market's sensitivity to advertising revenue, even for tech behemoths like Google. As Alphabet ( NASDAQ:GOOG ) charts its course into the Gemini era, the tech landscape awaits to witness whether the company's AI endeavors will provide the catalyst needed to reassure investors and propel the stock back to its previous heights.
NASDAQ:GOOG
by DEXWireNews
GOOGLE Will it get sold after the Earnings?Alphabet Inc. (Google/ GOOG) is reporting Earnings today and the focus is whether or not they can keep fueling this strong multi-weak rally or cause a correction. Last time we looked into this stock (November 27 2023, see chart below), we gave a pull-back buy signal, which easily hit the 145.00 target: The price is still on the latest Bullish Leg of the 1-year Channel Up pattern, but is getting very close to its top (Higher Highs trend-line). Having a vastly overbought RSI on the 1D time-frame, which in fact is about to reach 80.00, the level which formed the May 22 2023 RSI top, is starting to call for a medium-term sell. What we are basically looking for is for a 1D RSI Bearish Divergence like the one in late May 2023. More specifically, if the RSI gets rejected now around 80.00, we will wait for it to form a Lower High and short it, if the price remains on Higher Highs, which was what happened on June 06 2023 and was a 1D RSI Bearish Divergence. Ideally we would prefer the price to be above the 1.786 Fibonacci extension level by then. The sell's Target will be $148.50, preferably marginally below the 1D MA50 (blue trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:GOOGShort
by TradingShot
Alphabet's Breakup with Appen Sends Shockwaves In a surprising move, Alphabet, Google's parent company ( NASDAQ:GOOG ), has severed all ties with Appen, the Australian artificial intelligence (AI) data firm that played a crucial role in training Google's chatbot Bard, refining Google Search results, and contributing to other AI products. The termination, set to take effect on March 19, was communicated to Appen over the weekend, following a strategic review process. Alphabet's decision, accounting for approximately one-third of Appen's revenue, is expected to impact at least two thousand subcontracted Alphabet workers. Appen's Role and Struggles: Appen, with a rich history spanning nearly 30 years, has faced challenges in recent times, including a loss of customers, executive departures, and declining financials. Despite boasting an impressive client list that includes Microsoft, Meta, Apple, Adobe, Google, and Amazon, the company has struggled to adapt to the evolving landscape of generative AI tools. Its revenue plummeted by 30% in 2023, following a 13% decline the previous year, which the company attributes to "challenging external operating and macro conditions." Financial Impact: Alphabet's decision to terminate its contract with Appen is a significant blow, as the tech giant contributed $82.8 million to Appen's $273 million in sales for the year 2023. With the stock trading at around 28 Australian cents, down more than 99% from its peak in August 2020, Appen faces a critical juncture in its future. Labor Disputes: The Alphabet-Appen relationship has not been without its challenges, including a historical dispute about wages. In 2019, Google ( NASDAQ:GOOG ) set a minimum wage requirement of $15 per hour for its contractors, a standard that Appen reportedly failed to meet. This led to conflicts and public letters from workers. Despite efforts to address labor concerns, Appen faced charges from the U.S. National Labor Relations Board in June for allegedly firing six freelancers who spoke out about workplace conditions. The workers were eventually reinstated. Future Outlook: In response to the termination of the Alphabet contract, Appen has announced a strategic shift, focusing on managing costs, turning the business around, and ensuring the provision of high-quality AI data to its remaining clients. The company plans to provide further details on its revised strategic priorities in its full-year results announcement on February 27, 2024. Conclusion: Alphabet's decision to sever ties with Appen has sent shockwaves through the AI industry, highlighting the challenges faced by even established players in the rapidly evolving technology landscape. As Appen grapples with financial difficulties and labor issues, the industry watches closely to see how the company will navigate this turning point and reshape its future in the competitive AI market.
NASDAQ:GOOGLong
by DEXWireNews
Google's $1 Billion Investment in UK Data Centre Alphabet-owned Giant Expands Infrastructure to Meet Growing Demand for Internet Services In a strategic move to bolster its presence in the United Kingdom, Google ( NASDAQ:GOOG ) has announced a monumental $1 billion investment in the construction of a cutting-edge data centre just outside of London. The technology giant's commitment to building this facility, located on a 33-acre site in Waltham Cross, emphasizes its dedication to meeting the escalating demand for internet services in the region. This substantial investment is part of Google's broader strategy to enhance its infrastructure capabilities, aligning with the growing trends in technology and artificial intelligence. The data centre is expected to play a pivotal role in supporting the expansion of Google's AI and cloud services while contributing to the creation of construction and technical jobs within the UK. The move has received significant acclaim from the British government, which views Google's investment as a "huge vote of confidence" in the nation's technological prowess. Prime Minister Rishi Sunak remarked, "Google's $1 billion investment is testament to the fact that the UK is a center of excellence in technology and has huge potential for growth." This recent development follows Google's previous $1 billion purchase of a central London office building in 2022, situated close to Covent Garden, and another site in King's Cross, where the company is constructing a new office, housing its AI subsidiary, DeepMind. The investment also comes hot on the heels of Microsoft's commitment to inject £2.5 billion ($3.2 billion) into Britain over the next three years, focusing on expanding its data centre capacity to support future AI services. These concurrent moves by tech giants highlight the increasing importance of the UK in the global technology landscape. Ruth Porat, Alphabet's Chief Financial Officer, emphasized the significance of the new data centre, stating, "This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs." Beyond the economic impact, Google has also underscored its commitment to sustainable practices. The company revealed that the waste heat generated from the data centre will be harnessed for energy conservation, benefiting the local community and aligning with broader environmental goals. From a technical standpoint, Alphabet's stock, particularly Alphabet C, has demonstrated a rising trend channel . The absence of resistance in the price chart suggests a positive development, with further upward momentum indicated. However, caution is advised, as a high RSI could signal the stock's overbought status, potentially leading to a corrective reaction. Conclusion As Google ( NASDAQ:GOOG ) reinforces its foothold in the UK with this substantial investment, the company positions itself at the forefront of the dynamic technology landscape, contributing to the nation's growth in the fields of AI and cloud services. Investors will undoubtedly be watching closely as Google's strategic moves unfold in the coming months, impacting both the company's trajectory and the broader UK tech industry.
NASDAQ:GOOGLong
by DEXWireNews
Alphabet - Watch The All Time HighHello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation and if we see a pullback to the uptrendline which I mentioned in the video analysis, I am looking for potential long setups. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:GOOGL
by basictradingtv
13
Navigating Google's Strategic Shift: Job Cuts and AI Ambitions In a move to streamline operations and cut costs, Google has recently announced significant layoffs across multiple teams, impacting its Voice Assistant, hardware division responsible for Pixel, Nest, and Fitbit, as well as the augmented reality (AR) team. Fitbit co-founders James Park and Eric Friedman are also leaving the company, marking a notable development since Google's acquisition of Fitbit for $2.1 billion in 2021. The Tech Giant's Restructuring: Google's spokesperson confirmed that the layoffs are part of a broader effort to enhance efficiency, align resources with product priorities, and adapt to the evolving tech landscape. While the spokesperson did not disclose specific numbers, reports indicate that hundreds of roles are affected, raising questions about the scale of the restructuring. AI Ambitions and the Generative AI Trend: The restructuring coincides with Google's ongoing investment in generative artificial intelligence (AI) technology. The company had previously announced plans to integrate generative AI capabilities into its virtual assistant, a move that aligns with industry trends following the success of OpenAI's ChatGPT. The growing focus on AI underscores Google's commitment to staying at the forefront of technological innovation. Market Resilience Amidst Challenges: Despite the organizational changes and layoffs, Alphabet's technical analysis suggests a positive outlook. Alphabet C is currently in a rising trend channel in the medium to long term, indicating investor confidence. The stock has broken through resistance at $142, signaling potential for further growth. Additionally, NASDAQ:GOOG is trading near the top of its 52-week range and above its 200-day simple moving average, demonstrating market resilience and maintaining upward momentum. Strategic Shifts in the Tech Landscape: The restructuring efforts at Google are not isolated incidents in the tech industry. Major players like Microsoft have also been adapting to the changing landscape, with a focus on generative AI technology. The broader shift highlights the industry's ongoing evolution and the need for companies to remain agile in the face of emerging technologies and market dynamics. Alphabet's Overall Workforce Impact: The recent layoffs follow Alphabet's announcement in January 2023, detailing plans to cut 12,000 jobs, equivalent to 6% of its global workforce. As of September 2023, Alphabet had 182,381 employees globally. The strategic workforce reductions are part of Alphabet's broader strategy to optimize operations, enhance efficiency, and position itself for sustained growth. Conclusion: Google's recent organizational changes and workforce reductions reflect the company's commitment to adapting to the fast-paced tech landscape. Despite challenges, the positive technical analysis suggests investor confidence in Alphabet's strategic direction. As Google continues to invest in generative AI and reorganize its teams, the market will closely watch how these strategic shifts position the tech giant for future success in an ever-evolving industry.
NASDAQ:GOOGLong
by DEXWireNews
#ALPHA/USDT#ALPHA The price has been moving in a descending triangle since May 2022 The price gained support at 35 The price is now at the upper border of the channel at 0.070 About to break the downtrend The price is expected to break the downtrend At the first price of 0.0900 First goal 0.0160 Second target 0.2170 Which represents 300% of the current price With an oversold presence on the MACD The price will be paid after breaking the moving average 100 ✅Thank you, for more ideas, hit 🚀 Like ❤️ and Follow🤝 🛎!
Long
by CryptoAnalystSignal
Unveiling the Synergy Between MAP Protocol and Google Cloud In the fast-evolving landscape of technological advancements, a groundbreaking partnership has emerged that promises to redefine the intersection of blockchain and cloud computing. Google Cloud, a powerhouse in the tech industry, and MAP Protocol, a trailblazer in peer-to-peer interoperability, have joined forces to create a synergy that opens new frontiers for developers and investors alike. The collaboration marks more than just a fleeting alliance; it lays the foundation for an ongoing technological revolution. A Google Cloud representative expressed genuine enthusiasm for the partnership, underscoring its pivotal role in driving technological progress. The integration of MAP Protocol's peer-to-peer interoperability with Google Cloud's robust infrastructure is poised to enhance accessibility to blockchain for developers of all levels, paving the way for a new era in decentralized solutions. What sets this partnership apart is its strategic vision for the future. In the months to come, MAP Protocol plans to harness the cutting-edge technology offered by Google Cloud to elevate the Web3 developer experience. This forward-looking approach not only ensures continuous innovation but also positions NASDAQ:GOOGL as a frontrunner in shaping the landscape of decentralized technologies. Investors keen on tapping into the future of technology have reason to be excited. Google Cloud's state-of-the-art technology is set to provide MAP Protocol with the tools needed to create a supportive and solidified builder experience. This, in turn, will facilitate a seamless transition from Web2 to Web3, placing NASDAQ:GOOGL at the forefront of the next wave of technological evolution. The collaboration is strategically positioned to catalyze the growth of the Web3 industry, making decentralized blockchain technology more accessible to developers worldwide. The rising trend in Alphabet A stock prices underscores the positive sentiment among investors, indicating a strong buy interest. The stock, currently testing support at $140, presents a pivotal moment for investors. A positive reaction at this support level could signal an upward trajectory, aligning with the overall rising trend channel in the medium to long term. Investors seeking to capitalize on positive developments and be part of the transformative journey into Web3 should take note. The MAP Protocol and Google Cloud collaboration positions NASDAQ:GOOGL as not just a stock but a gateway to the future of technology. With ongoing advancements and a commitment to enhancing the Web3 developer experience, Alphabet A stands as a compelling investment opportunity for those who recognize the potential of this groundbreaking partnership. As the collaboration unfolds, NASDAQ:GOOGL emerges as a beacon for investors looking to ride the wave of innovation in the tech industry.
NASDAQ:GOOGLLong
by DEXWireNews
Alphabet's ($GOOGL) Hit a 52-Week HighShares of Google-parent Alphabet ( NASDAQ:GOOGL ) hit a 52-week high Wednesday following reports of an impending shake-up in its core advertising business. Sean Downey, who leads Google’s ad business in North and South America, said in a department-wide meeting that the company's 30,000-person ad sales unit would be reorganized, according to people familiar with the matter. He did not specify whether the changes would involve layoffs. The reorganization comes as Alphabet leans on artificial intelligence to generate and place ads on Google, YouTube, and its other platforms. Alphabet generated $54.5 billion in revenue—or 80% of total revenue—from ad sales in the third quarter. Generative artificial intelligence can be substantially cheaper than conventional methods for both ad creators and sellers. WPP, the world’s largest advertising firm, struck a deal with Nvidia in May to create an AI-enabled content development engine. Google is paying to settle an antitrust lawsuit over its Google Google recently agreed to pay $700 million to settle a landmark antitrust lawsuit it was facing, and $630 million of that amount will be set aside for payouts to consumers. The settlement came after Google was accused of using its Google Play Store to dominate Android mobile apps as a monopoly and charge customers higher prices. Lawyers estimate around 102 million people will be eligible to receive some of that money and a good chunk will even be automatically compensated — an estimated 70% of those fully eligible. That's about 71.4 million people. Who is eligible for Google's settlement payout Those who are eligible for payment are described as people who had a "legal address" in the US in their Google payment profile when they bought an app from the Google Play Store or made an in-app payment between Aug. 16, 2016 and Sept. 30, 2023, according to legal documents. The address could have been in any of the 50 states, the District of Columbia, Puerto Rico, or the US Virgin Islands. Technical Analysis $GOOGLE shows strong development within a rising trend channel in the medium long term. The company experiences positive development and buy interest among investors is increasing. $GOOGLE has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock is testing resistance at dollar 140. This could give a negative reaction, but an upward breakthrough of dollar 140 means a positive signal.
NASDAQ:GOOGLLong
by DEXWireNews
GOOGLE: Strong buy for $155.Google opened today under the 1D MA50, neutral on its 1D technical outlook (RSI = 48.601, MACD = -0.240, ADX = 32.196). Through out 2023, a 1D RSI value below 50.000 has been a buy opportunity and even more so now that the price is near the bottom of the twelve month Channel Up. This consolidation during the last Bullish Leg of the Channel Up (April 6th - May 5th), was the last buy opportunity before the stock resumed the rise and peaked over the 1.618 Fibonacci level for a HH. We are buying again on GOOG, this time aiming over its All Time High, exactly on the 1.618 Fibonacci (TP = 155.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:GOOGLong
by InvestingScope
Alphabet Inc. (NASDAQ: GOOG) Currently in an Uptrend MoveGOOG is currently in an uptrend, as it is above the 50-day EMA, the 100-day EMA, and the 200-day EMA. The 50-day EMA is also above the 100-day EMA and the 200-day EMA, indicating a strong bullish momentum. The stock recently bounced off the 50-day EMA, which acted as a support level, and broke above the previous resistance level of $1,500. The next resistance level is around $1,600, which is the all-time high reached in October 2020. The stock may face some profit-taking or consolidation near this level, but if it breaks above it, it may continue its uptrend. The next support level is around $1,450, which is the previous resistance level and the 50-day EMA. If the stock breaks below this level, it may indicate a weakening of the bullish trend and a possible reversal. The next support level is around $1,350, which is the 100-day EMA and the previous support level. A break below this level may confirm a bearish trend change and a possible death cross.
NASDAQ:GOOGLong
by DEXWireNews
Google In Talks To Seize Major Stake In UK Challenger MonzoAlphabet, the parent company behind Google, is reportedly on track to seize a major stake in the digital retail bank Monzo as it leads investors in a fresh funding round. Alphabet will leverage its independent growth fund Capital to pour between £300 million and £500 million into the UK-founded challenger, valuing it above £4 billion, Sky News reports. Also set to include new and existing investors, sources tell Sky News that the round could close before the end of the year, however final details are yet to be released. The challenger last raised over £377 million ($500 million) in December 2021 in a Series H funding round led by Abu Dhabi Growth Fund, with participation from Accel, General Catalyst, Goodwater, Passion Capital, Octahedron and Thrive along with new investors Coatue and Alpha Wave Ventures. Last month, Sky News reported that Monzo was looking to raise £300 million in fresh funds through a share sale, and is believed to have engaged with a number of blue-chip investment funds. The move is thought to be clearing the way for the challenger to go public, while ex-Cash App head Conor Walsh and Brolly founder Phoebe Chibuzo Hugh have been brought on-board to lead both its product and market expansions. It’s not clear when or where Monzo will induce a stock market floatation, but Alphabet and its long history of acquiring companies that go public inching ever closer into its ownership structure could provide the finishing touches to its final preparations. Price Momentum GOOGL is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:GOOGLong
by DEXWireNews
GOOGL ~ Snapshot TA (Daily / Nov 2023)NASDAQ:GOOGL chart mapping/analysis. Multi-year consolidation/pennant pattern formation. Bull target(s) Overhead gap fill (~137.42) Descending trend-line resistance (white dotted) - plus breakout? TBC Previous ATH + upper range parallel channel (light blue) confluence resistance zone Bear target(s) 23.6% Fib + gap fill (~126.49) confluence support zone Ascending trend-line support (green dotted) Underlying gap fill (~117.71) 38.2% Fib + gap fill (~112.94) confluence support zone Ascending trend-line support (white dotted) 50% Fib Golden Pocket Fib
NASDAQ:GOOGL
by BlueHatInvestor
Google Poised To Backs Anthropic With $2BWith a massive $2 billion reported investment from Google, Anthropic joins OpenAI in reaping the benefits of leadership in the artificial intelligence space, receiving immense sums from the tech giants that couldn't move fast enough themselves. A byword for the age: Those who can, build; those who can't, invest. The funding deal, according to sources familiar cited by The Wall Street Journal, reportedly involves $500 million now and up to $1.5 billion later, though subject to what, if any, timing or conditions is unclear. I've asked Anthropic for comment on the matter. It recalls — though it does not quite match — Microsoft's enormous investment in OpenAI early this year. But with Amazon committing to as much as $4 billion to Anthropic, the funding gap is probably more theoretical than practical. The Google investment is just the latest in a developing proxy war between rival companies with a limited number of champions to back. Though all these companies are powerful and expert in many areas of technology, the simple fact is none of them would be able to stand up a credible competitor to either OpenAI or Anthropic in the area of large language models. And since everyone is also betting that LLMs are going to upend their business models and become crucial components of any future tech platform, they can't afford to not have at least partial ownership of the leaders in the space. They have more than money, as well: It would be similarly difficult for the AI startups (though one may well question that title now) to stand up the infrastructure needed to build and deploy these AI models at the scales required to operate profitably. So the deals also involve things like compute credits and mutual aid. Price Momentum GOOGL is trading in the middle of its 52-week range and above its 200-day simple moving average. Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
NASDAQ:GOOGLong
by DEXWireNews
2
What just happened to Google? 9.40% crash and more to comeWell that was unexpected. According to my sources, Google came out with positive results (despite them not being as good as Microsoft). And yet the price crashed already 9.40% without the fail safe switch on yet. Technically, it's formed a Breakway gap. These don't close as quickly as other gaps, but if the trend stays down. It is likely to head to $111.50 next. The M Formation that failed to break above the resistance also shows the bear trend for the market. So do you know what happened to Google? Or is this Smart Money buying the heck out of it? I doubt it...
NASDAQ:GOOGLShort
by Timonrosso
Alphabet Inc: A Deep Dive into the Pros and Cons of Investing...Alphabet Inc: A Deep Dive into the Pros and Cons of Investing in the Tech Giant Alphabet Inc., the tech behemoth that's likely woven into your daily life through its various products and services, has quietly become a ubiquitous presence. While Alphabet has consistently delivered solid returns to investors, it's currently trading 8% below its all-time high. This begs the question: Is this dip an opportunity to acquire shares of one of the world's best businesses at a slight discount from its peak price? Let's explore both the bullish and bearish arguments for this leading tech stock. The Bearish Arguments 1. Competition from AI Chatbots: One immediate concern revolves around the growing popularity of OpenAI's ChatGPT, an AI-powered chatbot integrated into Microsoft Bing's search engine. Some bearish viewpoints suggest that this could pose a threat to Google Search, which has historically dominated the market. If Bing and similar AI-powered platforms gain traction, Google's search dominance could wane. 2. Regulatory Scrutiny: Like many tech giants, Alphabet finds itself in the crosshairs of regulators, both in the United States and abroad. The company has faced substantial fines in the past and is currently under scrutiny by the Department of Justice over Google Search's alleged monopolistic position. Regulatory risks persistently hover over Alphabet, causing concern among investors. 3. Digital Advertising Slowdown: Another immediate challenge is the significant slowdown in the digital advertising market. After posting robust revenue growth in previous years, Alphabet's sales increased by less than 10% in 2022 and only 5% in the first half of 2023. This exposes Alphabet's business to the cyclicality of the industry, as ad spending is easily cut back during economic downturns. The Bullish Arguments 1. Incredible Dominance and Success: The fact that Alphabet faces regulatory threats underscores the incredible dominance this company has achieved, arguably making it one of the most remarkable businesses in history. According to CEO Sundar Pichai, Alphabet boasts "fifteen products that each serve half a billion people and six that serve over two billion each." These staggering statistics showcase the extent of Alphabet's reach. 2. Financial Strength: From a financial perspective, Alphabet's performance is remarkable. In the last quarter (Q2 2023), the company achieved an outstanding operating margin of 29% and generated a whopping $22 billion in free cash flow. Its balance sheet is exceptionally strong, with $118 billion in cash, cash equivalents, and marketable securities, compared to just $14 billion in long-term debt. 3. Economic Moat and Network Effects: Alphabet's wide economic moat assures investors of its enduring dominance. Network effects form the foundation of its operations, with Google Search playing a pivotal role in organizing the ever-expanding pool of internet information. Greater usage attracts more advertising dollars, enhancing the company's scale and power. 4. Data Advantage and AI Leadership: Alphabet possesses a significant data advantage that will only strengthen over time. This data empowers the company to refine targeted ads, enhance its products, and continually innovate. Alphabet is also well-positioned to be a leader in the AI landscape. AI technology is already integral to its services like Gmail, Maps, and YouTube, making it an "AI-first" enterprise poised for future growth. Conclusion Investing in Alphabet Inc. offers a blend of opportunities and challenges. While regulatory concerns and market fluctuations are immediate considerations, the company's remarkable dominance, financial strength, data advantage, and leadership in AI present compelling reasons to consider it as a long-term investment. As with any investment, conducting thorough research and weighing the pros and cons is crucial before making a decision in the ever-evolving tech landscape.
NASDAQ:GOOGLong
by FOREXN1
7
Alphabet (GOOGL) -> Following The NasdaqMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Alphabet. Just 9 months ago Alphabet stock perfectly retested major previous resistance which was turned support and in confluence with a retest of the 0.618 fib level we saw a rally of 60%. Considering that Alphabet is now retesting the channel resistance it is quite likely that we will see a short term drop before I do expect new all time highs on Google stock. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NASDAQ:GOOGLShort
by basictradingtv
26
Google -> Trading The Major Swings...Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Google 💪 Just a couple of months ago Google stock perfectly retested a major monthly bullish trendline and in confluence with a retest of the 0.618 fibonacci level we already had a major rally of more than 50% towards the upside. If you are looking at the weekly timeframe you can also see that Google stock just broke above and retested the strong psychological $125 level and everything is looking massively bullish. Finally I am now just waiting for another retest of the daily $132 level and after some bullish rejection everything is pointing towards more bullish upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:GOOGLLong
by basictradingtv
27
GOOGLE How is it looking before the earnings?It has been very long since we last looked into Google (GOOG) but last time we did (November 07 2022) we gave a massive buy signal (see chart below) at the market's absolute bottom: The stock price rose +49% since then, giving us one of the most successful low risk trades of the year. With the company reporting its Earnings today though, we shift back to the 1D time-frame where the stock has been trading within a clear Channel Up throughout this recovery phase. Based on the 1D MACD Bearish into Bullish Cross sequence, we may be at a Higher Low leg as on March 13. As long as the price is trading within the Channel Up and the (dotted) Channel Down, we remain bullish, aiming at a +21% rise (standard inside the Channel Up) and a price target of $140.00. If the price breaks below the Channels' bottoms, we will sell, targeting the 1D MA200 (orange trend-line) at $106.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:GOOGLong
by TradingShot
2
Google -> Pumping With The AI HypeHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock just retested and with a weekly bearish candle perfectly started to reject major previous structure at the $130 level. You can also see that weekly market structure is still quite bullish, Alphabet is now retesting the 50% fibonacci retracement level and also previous weekly resistance which is now turned support at the $120 level so I simply do expect more continuation towards the upside from here. On the daily timeframe you can see that Google stock just created and confirmed a daily head and shoulders reversal pattern so I am now just waiting for a break back above the neckline - then we would also have bullish market structure again - and then I simply do expect also a daily rally to retest the next resistance at the $130 level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:GOOGLLong
by basictradingtv
36
Google-> BreakoutHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock is finally breaking above a major previous weekly support/resistance level exactly at the $105 area. You can also see that weekly market structure and moving averages are bullish, the next major resistance is sitting at the $120 level and it overall seems like the bottom is in for Google so I just do expect more continuation towards the upside. On the daily timeframe you can see that with today's candle Google stock is up almost 5%, creating a massively bullish breakout and breaking all resistance towards the upside so I am now just waiting for a retest of the $105 level and then I do expect more continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:GOOGLLong
by basictradingtv
54
Alphabet (Google) Ready to break up above the brim to $124.00Cup and Handle formed on Alphabet Inc. The price action before that played to the Letter (no pun intended). And now we are seeing a gradual increase in demand (buying) with the price ready to break above the brim level. 7=21 Price>200 - bullish Target $124.00 SMC: Sell Side Liquidity Order block has formed below the handle of the Cup, showing Smart Money coming in sweeping the selling side and buying into it, hence the upside over the last few days. ABOUT Alphabet Inc. is an American multinational conglomerate that was created in 2015 as a holding company for Google and several other subsidiaries. The company's primary subsidiary is Google, the world's most popular search engine. Alphabet is headquartered in Mountain View, California, USA. The company's founders are Larry Page and Sergey Brin, who are also the co-founders of Google. Alphabet has a market capitalization of over $1.5 trillion (as of April 2023). Google is responsible for developing some of the most widely-used software products in the world, including the Android operating system, Google Maps, and Google Drive. The company generates most of its revenue through advertising, with over 80% of its revenue coming from Google ads. Alphabet has over 200,000 employees worldwide and is known for its unique company culture, which emphasizes innovation and collaboration. The company is committed to sustainability and has set several ambitious goals, including a goal to operate on 100% renewable energy by 2030. Alphabet is one of the largest technology companies in the world and is a member of the prestigious FAANG group of companies (Facebook, Amazon, Apple, Netflix, and Google). The company is also a major player in the cloud computing industry, with Google Cloud Platform being one of the leading cloud computing services in the market. Alphabet is known for its extensive research and development activities, with the company investing heavily in areas such as artificial intelligence, machine learning, and quantum computing. The company is also active in the self-driving car industry through its subsidiary Waymo.
NASDAQ:GOOGLLong
by Timonrosso