GOOGL Stock Recent News

Market participants showed their disappointment with last Tuesday's results from two of ‘The Magnificent 7' stocks: Google parent Alphabet GOOGL and Tesla TSLA.

Since the industrial revolution first brought machines into prominence, self-driving vehicles have populated future visions. And with the news that the autonomous delivery robot marketplace is getting a shot in the arm from artificial intelligence (AI), observers are wondering just when self-driving, autonomous vehicles will be a scalable, real-world reality.

Alphabet ( GOOGL ) reported earnings Tuesday and beat analysts' estimates on both the top and bottom line, yet the stock is rolling over. Is it time to get out of the stock?

Tech stocks comprise many of the S&P 500 and the Nasdaq Composite. This sector features many high-growth companies that can scale their revenue and profits over time.

Ethereum ETFs began trading this week, and there were net outflows from the industry. A hack hit Cardano but didn't cause any losses.

I believe paying 38x forward operating profits for HubSpot, Inc. is too high a premium. Given the increased budget scrutiny and slower deal progression, I see significant near-term challenges for HubSpot. Competing with industry giants like Salesforce, HubSpot's valuation seems excessively optimistic and risky.

Google parent Alphabet Inc (NASDAQ:GOOG) will see little impact on its Search business from the launch of OpenAI's SearchGPT, a generative AI-powered search engine with real-time access to web information, analysts at Bank of America believe. Powered by GPT-4, SearchGPT is currently a prototype available to 10,000 test users.

Google's key segments are performing well in 2Q24, with impressive operating income and figures. YouTube is outperforming competitors in the streaming market, with YouTube and Netflix dominating US streaming hours. Google Cloud has shown rapid growth, with quarterly revenue exceeding $10 billion, and is expected to continue performing well alongside AWS and Microsoft Azure.

YouTube speeds in Russia are set to sharply decline on desktop computers due Google's failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian media, a senior lawmaker close to the authorities said on Friday.

Technological innovation is reshaping just about everything we do.