Google Unveils New AI Chip for Data CentersIn a groundbreaking move, Google ( NASDAQ:GOOG ) has introduced its latest innovation in the realm of artificial intelligence with the unveiling of the Axion chip. Representing a significant leap forward in processing power, the Axion chip marks Google's foray into the Armv9 architecture, promising unparalleled performance and efficiency.
Designed exclusively for deployment within Google's cloud infrastructure, the Axion chip sets a new standard for data center processing capabilities. With an emphasis on maximizing performance while minimizing energy consumption, the Axion chip boasts a remarkable doubling in performance compared to its predecessors. This leap in processing power enables Google to offer developers access to clusters comprising a staggering 8,960 Axion processors, setting the stage for unprecedented computational capabilities.
One of the most striking features of the Axion chip is its superiority over rival offerings in the market. Google developers assert that the Axion chip outperforms similar Arm processors from competitors like AWS and Microsoft by an impressive margin of 30%. Furthermore, when compared to Intel's x86 chips, long regarded as the industry standard, the Axion chip demonstrates a remarkable 50% increase in performance.
Despite Google's reticence regarding specific benchmarks and technical specifications, industry experts are already buzzing with excitement over the potential implications of the Axion chip. Its arrival heralds a new era of innovation and competitiveness in the data center landscape, with Google poised to maintain its position at the forefront of technological advancement.
As Google ( NASDAQ:GOOG ) continues to push the boundaries of AI and machine learning, the Axion chip represents a key milestone in the company's quest to unlock the full potential of data-driven insights. With its unrivaled performance and groundbreaking architecture, the Axion chip is set to revolutionize the way data centers operate, paving the way for a future powered by intelligent computing.
In conclusion, Google's unveiling of the Axion chip marks a significant milestone in the evolution of data center technology. With its unparalleled performance and game-changing capabilities, the Axion chip promises to shape the future of AI-driven innovation, cementing Google's position as a trailblazer in the field of computational intelligence.
Googlelong
GOOGL : Target 200$ based on Fib ProjectionGOOGL : Target 200$ based on Fib Projection
Previous High of 153$ to 154$ made during Jan end 2024 is overtaken and a new high is made. With this, it looks attractive to target the Fib Projection of 1.78 at 200$
Daily TF :
for understanding the smaller TF than weekly
GOOGLE $GOOG - Feb. 26th, 2024GOOGLE NASDAQ:GOOG - Feb. 26th, 2024
BUY/LONG ZONE (GREEN): $144.50 - $154.80
DO NOT TRADE/DNT ZONE (WHITE): $139.60 - $144.50
SELL/SHORT ZONE (RED): $131.15 - $139.60
Weekly: Bullish
Daily: DNT
4H: Bearish
The zone around $140 has been supported to the bullish side three times since Jan. 17th, 2024. Currently price is back at the zone after creating bearish structure on the 4h timeframe with strong downside momentum. Price has respected the level at $146.10 to the bearish side and broke below the $144.50 on the daily timeframe which is the start of the DNT zone and the potential start of entry into the bearish zone.
Bulls can look for rejections up from the $140 area or breaks above the $144 level/structure (daily timeframe). Bears can look for continuation below the $140 area or a pullback and rejection of the $144 level (daily timeframe).
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Apple Set to License Google's Gemini for iPhonesAlphabet Inc., (NASDAQ: NASDAQ:GOOG ) the parent company of Google, is on the brink of a groundbreaking collaboration with tech juggernaut Apple Inc. A recent report has unveiled negotiations between the two giants to integrate Google's Gemini artificial intelligence engine into future iterations of iPhones. This move not only signals a significant stride in AI integration but also holds immense implications for the competitive landscape of the smartphone industry.
The Genesis of Gemini:
Gemini stands as Google's suite of generative AI tools, encompassing a spectrum of functionalities from chatbots to coding assistants. Developed by Google's AI experts, Gemini represents the pinnacle of AI innovation, promising to revolutionize user experiences across various platforms.
The Apple-Alphabet Nexus:
Amidst whispers of negotiations, Bloomberg's report sheds light on active discussions between Alphabet and Apple, aimed at embedding Gemini into forthcoming iPhone features. The potential implications are monumental, as Apple seeks to harness Google's AI prowess to augment the capabilities of its iconic smartphone lineup.
Market Response and Speculation:
The mere speculation of this partnership has catalyzed a surge in Alphabet's stock prices, with Class A shares soaring by 4.5% in premarket trade. Conversely, Apple shares witnessed a modest uptick, underscoring investor enthusiasm surrounding the prospect of Gemini-powered iPhones.
Impending Innovations:
If negotiations culminate in an agreement, users can anticipate a slew of groundbreaking features propelled by Gemini's AI capabilities. From enhanced voice assistants to predictive analytics, the integration of Google's AI engine has the potential to redefine the iPhone experience, setting a new standard for innovation in the smartphone arena.
Challenges and Considerations:
Despite the allure of this partnership, challenges loom on the horizon. The report indicates that both parties are yet to finalize the terms and branding of the AI agreement, raising questions about the scope and implementation of Gemini within the iPhone ecosystem. Additionally, concerns regarding data privacy and security warrant careful deliberation to ensure seamless integration without compromising user trust.
The Road Ahead:
As Apple gears up for its Worldwide Developer's Conference in June, speculation mounts over the potential unveiling of iOS 18 featuring Gemini-powered functionalities. Moreover, discussions with OpenAI underscore Apple's commitment to harnessing cutting-edge AI technologies to stay ahead in an increasingly competitive market landscape.
"Google Stock Approaches 2022 Highs"Google Stock Analysis: Testing Recent Highs and Channel Patterns for Trading Opportunities
In the dynamic world of stock trading, few companies command the attention and admiration quite like Google. With its innovative products, expansive ecosystem, and formidable market presence, Google has long been a favorite among investors seeking long-term growth opportunities. As we venture further into 2022, Google's stock is once again in the spotlight as it tests recent highs from January 1st, 2022, signaling potential opportunities for astute traders.
In recent trading sessions, Google's stock has been steadily climbing, inching closer to the levels it last reached at the beginning of the 2022. This upward momentum is notable, as it suggests renewed investor confidence and optimism in the company's prospects. Furthermore, technical analysis reveals that Google is currently stepping upward in a channel pattern, with the stock testing channel support along the way.
For traders eyeing potential opportunities in Google's stock, the current channel pattern provides valuable insights. If Google manages to maintain support within the channel, it could signal a continuation of the upward trend, presenting opportunities for long positions or holding existing positions. However, a break below channel support would warrant caution, potentially indicating a short-term reversal in momentum.
At the time of writing, one key level to watch is $143.85, which serves as a crucial point of interest within the channel. If Google's stock holds above this level, it could present an attractive entry point for traders looking to capitalize on a breakout towards the upside of the channel. A successful break through this resistance level could pave the way for further gains, with potential targets in the range of $165 to $170.
It's important to note that trading opportunities in Google's stock should be approached with caution and careful risk management. While the technical setup appears promising, market conditions can be unpredictable, and unforeseen developments could impact the stock's trajectory. Therefore, traders should consider setting stop-loss orders and closely monitoring price action to mitigate potential risks.
In conclusion, Google's stock is currently testing recent highs from the beginning of the year, with promising signs of upward momentum and a channel pattern indicating potential trading opportunities. By keeping a close eye on key support and resistance levels, traders can position themselves to capitalize on potential breakouts while managing risk effectively. As always, prudent decision-making and disciplined execution are essential for success in the dynamic world of stock trading.
Alphabet - Wait For The RetestHello Traders, welcome to today's analysis of Alphabet.
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Explanation of my video analysis:
Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish trendline which I mentioned in the analysis, I am looking for longs and eventually new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Alphabet - Watch The All Time HighHello Traders, welcome to today's analysis of Alphabet.
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Explanation of my video analysis:
In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation and if we see a pullback to the uptrendline which I mentioned in the video analysis, I am looking for potential long setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Alphabet's ($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.
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 ($500 million) in December 2021 in a Series H funding round led by Abu Dhabi Growth Fund, with participation from Accel, General Catalyst, Goodwater, Passion Capital, Octahedron and Thrive along with new investors Coatue and Alpha Wave Ventures.
Last month, Sky News reported that Monzo was looking to raise £300 million in fresh funds through a share sale, and is believed to have engaged with a number of blue-chip investment funds.
The move is thought to be clearing the way for the challenger to go public, while ex-Cash App head Conor Walsh and Brolly founder Phoebe Chibuzo Hugh have been brought on-board to lead both its product and market expansions.
It’s not clear when or where Monzo will induce a stock market floatation, but Alphabet and its long history of acquiring companies that go public inching ever closer into its ownership structure could provide the finishing touches to its final preparations.
Price Momentum
GOOGL is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
Trade setup_20% wave in GOOGLEGoogle is all set to move up in wave V of 3 towards the 150$ mark.
On the way up watch out for levels 131.9 and 134. If the stock surpasses them with ease that would reduce the probability of this bounce being an "X" wave and the stock will make it to the 150 mark.
Note*- do your own study/research before taking up any financial positions.
Google Set to Announce Positive 3Q Earnings - Time to Long GOOG!I am thrilled to share with you that Google (GOOG) is anticipated to announce positive 3Q earnings, and I couldn't be more excited about the potential this brings for all of us.
Google, being one of the most influential companies in the tech industry, has consistently demonstrated its ability to innovate and adapt to the ever-changing digital landscape. With its diverse range of products and services, the company has managed to maintain its position as a global leader.
Now, with the upcoming release of 3Q earnings, we have a golden opportunity to capitalize on Google's success. The positive financial outlook signifies that the company is not only thriving but also well-positioned for future growth. This is a clear indication that GOOG is a stock worth considering for a long position.
As traders, it's crucial to stay ahead of the curve and seize opportunities when they arise. By going long on GOOG, we can potentially benefit from the positive momentum generated by the anticipated earnings report. This is an exciting prospect, and I encourage all of you to seriously consider taking action and adding GOOG to your portfolios.
Google's unwavering commitment to innovation, coupled with its strong financial performance, makes it an attractive investment option. The company's diverse revenue streams, including advertising, cloud services, and hardware, provide a solid foundation for continued growth and profitability.
So, let's embrace this moment of positivity and take advantage of the potential gains that lie ahead. I urge you to conduct your due diligence, analyze the market trends, and consider the long-term prospects of GOOG. By doing so, we can position ourselves to ride the wave of success alongside Google.
Remember, timing is crucial in the world of trading, and this could be an opportune moment to go long on GOOG. So, let's seize this chance and make the most of it together.
Alphabet(Google) Long BullishTechnical Bullish
HHHL above 99
Trendomat BuySell pressure Bullish
Weekly average price above Monthly average price
145.32 is critical as Volume value is weak.
Incase volume would increase and abreak above 151
Alphabet will potentially walk to above 210
A break below 86 is bearish.
Return vs Industry: GOOGL underperformed the US Interactive Media and Services industry which returned 22.5% over the past year.
Return vs Market: GOOGL underperformed the US Market which returned 14.5% over the past year.
Stable Share Price: GOOGL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GOOGL's weekly volatility (4%) has been stable over the past year.
Price-To-Earnings vs Peers: GOOGL is good value based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (51x).
Price-To-Earnings vs Industry: GOOGL is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the US Interactive Media and Services industry average (19.9x)
What is the Fair Price of GOOGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: GOOGL ($123.1) is trading below our estimate of fair value ($160.36)
Significantly Below Fair Value: GOOGL is trading below fair value by more than 20%.
Alphabet is forecasted to grow earnings and revenue by 13.1% and 9% per annum respectively. EPS is expected to grow by 14.6%. Return on equity is forecast to be 22.3% in 3 years.
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOOGL's forecast earnings growth (13.1% per year) is above the savings rate (2.1%).
Earnings vs Market: GOOGL's earnings (13.1% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: GOOGL's earnings are forecast to grow, but not significantly.
Revenue vs Market: GOOGL's revenue (9% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: GOOGL's revenue (9% per year) is forecast to grow slower than 20% per year.
Future ROE: GOOGL's Return on Equity is forecast to be high in 3 years time (22.3%)
Earnings and Revenue History
Quality Earnings: GOOGL has high quality earnings.
Growing Profit Margin: GOOGL's current net profit margins (20.6%) are lower than last year (27.6%).
Earnings Trend: GOOGL's earnings have grown significantly by 25.9% per year over the past 5 years.
Accelerating Growth: GOOGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GOOGL had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-16.9%).
High ROE: GOOGL's Return on Equity (22.5%) is considered high.
Financial Position Analysis
Short Term Liabilities: GOOGL's short term assets ($162.0B) exceed its short term liabilities ($68.9B).
Long Term Liabilities: GOOGL's short term assets ($162.0B) exceed its long term liabilities ($39.7B).
Debt to Equity History and Analysis
Debt Level: GOOGL has more cash than its total debt.
Reducing Debt: GOOGL's debt to equity ratio has increased from 3.3% to 4.5% over the past 5 years.
Debt Coverage: GOOGL's debt is well covered by operating cash flow (757.9%).
Interest Coverage: GOOGL earns more interest than it pays, so coverage of interest payments is not a concern.
CEO Compensation Analysis
Compensation vs Market: Sundar's total compensation ($USD225.99M) is above average for companies of similar size in the US market ($USD12.23M).
Compensation vs Earnings: Sundar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
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:
AI strategy drives NVDA MSFT GOOG METAAs we navigate through the ever-evolving world of technology, it is becoming increasingly evident that artificial intelligence (AI) is the driving force behind some of the biggest players in the market. Companies such as NVIDIA (NVDA), Microsoft (MSFT), Google (GOOG), and Meta Platforms (META) have all implemented AI strategies that have propelled them to the forefront of their respective industries. In this email, we will explore how these companies are utilizing AI to gain a competitive edge and what it means for their future growth potential. So, buckle up and let's dive into the world of AI and its impact on the stock market.
Additionally, it's crucial to have a long-term investment strategy and to not make emotional decisions based on short-term market fluctuations. It's also wise to diversify your portfolio across different industries and sectors to minimize risk. Seeking the advice of a financial advisor can also be helpful in making informed investment decisions.
Additionally, it's important to have a long-term investment strategy and not make emotional decisions based on short-term market fluctuations. It's also wise to consider factors such as the company's financial health, industry trends, and management team before investing in individual stocks. Diversification is key to managing risk, so it's advisable to have a mix of individual stocks and diversified portfolios in your investment portfolio. Finally, seeking the advice of a financial advisor can help you make informed investment decisions and manage your risk effectively.
GooGusd are you rdy for buy 🧨👌❤The big company Google has been using the downward trend of gold for days and for now it will have an upward trend for its shareholders.
Dear Americans who are Google shareholders, do not hold your shares until the price of $152.10.
The downward trend of Google will start from the price of $152.10, and for a long time, Google will sink into financial stagnation, and the expected decline for Bill Gates is $69.
These days, Bill Gates will sell Google shares as much as he can and will start buying when Google shares fall.
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:
Google -> Finally The BottomHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock just recently perfectly broke above and is now retesting a major previous weekly structure area which is now turned support at the HKEX:104 level.
You can also see that weekly market structure is now bullish, moving averages are also bullish and the recent price action on Alphabet stock just looks like a solid bottom formation so I simply do expect more continuation towards the upside from the current levels.
On the daily timeframe you can see that market structure is about to shift bearish so I am now just waiting for a clear bullish impulse and break above the daily HKEX:107 resistance before I then 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:
Google -> Ready For The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock just recently broke above a quite obvious bearish trendline, breaking out of a multi-month downtrend.
You can also see that weekly market structure is bullish again, we already broke above the $100 resistance area and retested and rejected the area so everything seems very bullish on the weekly timeframe.
On the daily timeframe you can see that Google stock is retesting previous daily resistance at the FWB:108 area so I am now just waiting for a simple break and retest before I then 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:
Google -> The Stock Is BackHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock has been trading in a range for quite some time now, you can also see that the upper resistance of this trading range is exactly at $105.
You can also see that we are currently again retesting this resistance area, from a weekly perspective the market seems definitely ready for a breakout so I think that this time Google stock will actually break above this key resistance area.
On the daily timeframe I am now just waiting for a breakout above this resistance area and if we then get a retest and bullish confirmation, it is quite likely that from there we will then see 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: