$Alphabet(GOOG)$ Google has it

Google has its data advantage, but other companies could have accumulated by time and catch up soon. It may also be like the case of the search engine, after Google has taken the lead, users use Google, so Google's data advantage becomes bigger and bigger.

Alphabet's Ad Revenue Misses: A Bottom Chance?

Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate. But the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%. ---------------- How will Alphabet's ad misses imply for other companies? Like Meta and Snap? What's your target price for Alphabet? Is it a good bottom chance as the company beats the most indicators?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":315815808491528,"tweetId":"315815808491528","gmtCreate":1718111253914,"gmtModify":1718169109037,"author":{"id":9000000000000136,"idStr":"9000000000000136","authorId":9000000000000136,"authorIdStr":"9000000000000136","name":"JimmyTurner","avatar":"https://static.tigerbbs.com/9412ae10bafb07946890558126185d43","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":158,"starInvestorFlag":false},"themes":[{"themeId":"4ace56d8b6bc49cba3349f2f7f504fd5","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Alphabet's Ad Revenue Misses: A Bottom Chance?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":4ace56d8b6bc49cba3349f2f7f504fd5}&rnconfig={\"headerBarHidden\": true}","description":"Alphabet Inc. reported Q2 revenue of $71.36 billion, surpassing the $70.7 billion analyst estimate, driven by cloud services and search engine ads. Net income was $1.89 per share, beating the $1.84 estimate.\nBut the company reported a slowdown in advertising sales growth in the second quarter, triggering an after-hours selloff of its shares of about 1.5%.\n----------------\nHow will Alphabet's ad misses imply for other companies? Like Meta and Snap?\nWhat's your target price for Alphabet?\nIs it a good bottom chance as the company beats the most indicators?","image":"https://community-static.tradeup.com/news/8e34596649579e0a8be2d206a2df2a0d"}],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"GOOG\" class=\"teditor-mention\" data-mention-name=\"Alphabet\" href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> <v-v data-views=\"1\"></v-v>Google has its data advantage, but other companies could have accumulated by time and catch up soon. It may also be like the case of the search engine, after Google has taken the lead, users use Google, so Google's data advantage becomes bigger and bigger.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"GOOG\" class=\"teditor-mention\" data-mention-name=\"Alphabet\" href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> <v-v data-views=\"1\"></v-v>Google has its data advantage, but other companies could have accumulated by time and catch up soon. It may also be like the case of the search engine, after Google has taken the lead, users use Google, so Google's data advantage becomes bigger and bigger.</body></html>","text":"$Alphabet(GOOG)$ Google has its data advantage, but other companies could have accumulated by time and catch up soon. It may also be like the case of the search engine, after Google has taken the lead, users use Google, so Google's data advantage becomes bigger and bigger.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/315815808491528","repostId":0,"isVote":1,"tweetType":1,"viewCount":489,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GOOG"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":true,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":228,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/315815808491528"}