Latest news with #AlphabetInc
Yahoo
5 hours ago
- Business
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Alphabet (GOOGL): Outperform Rating Holds as AI Efforts Gain Traction
Alphabet Inc. (NASDAQ:GOOGL) is one of the . On July 28, JMP Securities reiterated its Market Outperform rating on the stock with a $225.00 price target. The rating affirmation follows Google's launch of Web Guide, an experiment by Search Labs that leverages AI to intelligently organize the search results page. According to the firm, Web Guide is likely the next iteration of Google search, following previous experiments like AI Overviews and AI Mode. The firm anticipates it to be an evolution of Google's efforts to improve the links section in search results. Pixabay/Public Domain The firm further noted how Google has been cautious with its adoption of the AI Mode, reflecting on how the company has been balancing search monetization with engagement. This may be because AI Mode likely monetizes at a lower rate in comparison to traditional search. Moreover, while Google is likely to have strong near-term results driven by its superior commercial search capabilities compared to ChatGPT, there may be some challenges, such as the antitrust trial penalties and improving e-commerce experiences from competitors. Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
Yahoo
5 hours ago
- Business
- Yahoo
Alphabet (GOOGL): Outperform Rating Holds as AI Efforts Gain Traction
Alphabet Inc. (NASDAQ:GOOGL) is one of the . On July 28, JMP Securities reiterated its Market Outperform rating on the stock with a $225.00 price target. The rating affirmation follows Google's launch of Web Guide, an experiment by Search Labs that leverages AI to intelligently organize the search results page. According to the firm, Web Guide is likely the next iteration of Google search, following previous experiments like AI Overviews and AI Mode. The firm anticipates it to be an evolution of Google's efforts to improve the links section in search results. Pixabay/Public Domain The firm further noted how Google has been cautious with its adoption of the AI Mode, reflecting on how the company has been balancing search monetization with engagement. This may be because AI Mode likely monetizes at a lower rate in comparison to traditional search. Moreover, while Google is likely to have strong near-term results driven by its superior commercial search capabilities compared to ChatGPT, there may be some challenges, such as the antitrust trial penalties and improving e-commerce experiences from competitors. Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 hours ago
- Business
- Yahoo
Jim Cramer Discusses Alphabet in Light of AI Race
Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer shed light on. During the episode, Cramer called Sundar Pichai, 'visionary CEO of Alphabet,' and said: 'Last night, I listened to Sundar Pichai, he's the visionary CEO of Alphabet, talk about AI and how much it means to his company. I'll just give you one quote here, 'AI is positively impacting every part of the business, driving strong momentum. This quarter, Search delivered double-digit revenue growth.' But then he goes on to say, 'AI Overviews now has over 2 billion monthly users across more than 200 countries and territories and 40 languages.' pawel-czerwinski-fpZZEV0uQwA-unsplash Alphabet (NASDAQ:GOOGL) provides a wide range of digital products and services, including advertising, cloud computing, and enterprise collaboration tools. The company also invests in ventures involving healthcare and advanced internet technologies. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
17 hours ago
- Business
- Yahoo
Are Wall Street Analysts Predicting Alphabet Stock Will Climb or Sink?
With a market cap of $2.4 trillion, Alphabet Inc. (GOOG) is a global technology company incorporated in 1998 that operates through three segments: Google Services, Google Cloud, and Other Bets. It offers a wide range of products and platforms such as Search, YouTube, Android, Google Cloud, and healthcare technologies across the U.S., Europe, Middle East, Africa, Asia-Pacific, Canada, and Latin America. Shares of the Mountain View, California-based company have underperformed the broader market over the past 52 weeks. GOOG stock has risen 14.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.6%. Moreover, shares of Google parent company are up 3.2% on a YTD basis, compared to SPX's 8.3% increase. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Focusing more closely, shares of the internet search leader have also lagged behind the Communication Services Select Sector SPDR ETF Fund's (XLC) 25.7% gain over the past 52 weeks and 9.6% return on a YTD basis. Shares of GOOG rose over 1% following its strong Q2 2025 results on Jul. 23, with net income of $5.12 per share and total revenue of $96.4 billion, surpassing expectations. Google Cloud sales surged nearly 32%, beating estimates, and advertising revenue rose 10.4% to $71.3 billion, topping forecasts. Despite investor concerns over a $10 billion increase in capital spending to $85 billion for the year, confidence grew as Alphabet emphasized strong AI-driven cloud demand and highlighted new wins like OpenAI joining its cloud customer base. For the current fiscal year, ending in December 2025, analysts expect GOOG's EPS to grow 25.9% year-over-year to $10.12. The company's earnings surprise history is strong. It beat the consensus estimates in the last four quarters. Among the 53 analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on 41 'Strong Buy' ratings, four 'Moderate Buys,' and eight 'Holds.' On Jul. 29, Wells Fargo raised Alphabet's price target to $187, maintaining an 'Equal Weight' rating. The firm expects Google Cloud to benefit from OpenAI and Anthropic workloads in 2026, with recent Q2 strength driven by core performance despite early 2025 headwinds. As of writing, the stock is trading below the mean price target of $218.45. The Street-high price target of $250 implies a potential upside of 27.3% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 hours ago
- Business
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Australia bans YouTube accounts for children under 16 in reversal of previous stance
MELBOURNE, Australia (AP) — The Australian government announced YouTube will be among the social media platforms that must ensure account holders are at least 16-years-old from December, reversing a position taken months ago on the popular video-sharing service. YouTube was listed as an exemption in November last year when the Parliament passed world-first laws that will ban Australian children younger than 16 from platforms including Facebook, Instagram, Snapchat, TikTok and X. Communications Minister Anika Wells released rules Wednesday that decide which online services are defined as 'age-restricted social media platforms' and which avoid the age limit. The age restrictions take effect Dec. 10 and platforms will face fines of up to 50 million Australian dollars ($33 million) for 'failing to take responsible steps' to exclude underage account holders, a government statement said. The steps are not defined. Wells defended applying the restrictions to YouTube and said the government would not be intimidated by threats of legal action from the platform's U.S. owner, Alphabet Inc. 'The evidence cannot be ignored that four out of 10 Australian kids report that their most recent harm was on YouTube,' Wells told reporters, referring to government research. 'We will not be intimidated by legal threats when this is a genuine fight for the wellbeing of Australian kids.' Children will be able to access YouTube but will not be allowed to have their own YouTube accounts. YouTube said the government's decision 'reverses a clear, public commitment to exclude YouTube from this ban.' 'We share the government's goal of addressing and reducing online harms. Our position remains clear: YouTube is a video sharing platform with a library of free, high-quality content, increasingly viewed on TV screens. It's not social media,' a YouTube statement said, noting it will consider next steps and engage with the government. Prime Minister Anthony Albanese said Australia would campaign at a United Nations forum in New York in September for international support for banning children from social media. 'I know from the discussions I've had with other leaders that they are looking at this and they are considering what impact social media is having on young people in their respective nations,' Albanese said. 'It is a common experience. This is not an Australian experience." Last year, the government commissioned an evaluation of age assurance technologies that was to report last month on how young children could be excluded from social media. The government had yet to receive that evaluation's final recommendations, Wells said. But she added the platform users won't have to upload documents such as passports and driver's licenses to prove their age. 'Platforms have to provide an alternative to providing your own personal identification documents to satisfy themselves of age,' Wells said. 'These platforms know with deadly accuracy who we are, what we do and when we do it. And they know that you've had a Facebook account since 2009, so they know that you are over 16." Exempt services include online gaming, messaging, education and health apps. They are excluded because they are considered less harmful to children. The minimum age is intended to address harmful impacts on children including addictive behaviors caused by persuasive or manipulative platform design features, social isolation, sleep interference, poor mental and physical health, low life-satisfaction and exposure to inappropriate and harmful content, government documents say. Rod Mcguirk, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
