Alphabet is doing great

Travis Hoium
04-25

$Alphabet(GOOG)$ $Alphabet(GOOGL)$ Search is doing OK with 10% revenue growth. But that's not the story for Alphabet.

YouTube continues to be the biggest streaming service (bigger than $Netflix(NFLX)$ ) with 10% growth in ads. Netflix is worth $470 billion, so is YouTube worth over $500 billion?

Subscriptions and services are the under-discussed segment. Revenue was up 19% and this is driven by Android and subscriptions that include Gemini!

Finally, Google Cloud did $12.3 billion in revenue with an 18% operating margin. At that runrate, this may be a $1 trillion business.

As a business, Alphabet is doing great. Don't underestimate the company's lead in AI and how it will extend that with leading infrastructure.

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here:

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
10