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Stockreport

Google's Key Segments Are Doing Well [Seeking Alpha]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Seeking Alpha
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Google Search continues to grow despite the popularity of ChatGPT. YouTube ad revenue has increased significantly, and AI advancements play a new role in the platform's success. Introduction In my February article , I said Alphabet Inc. ( NASDAQ: GOOG NASDAQ: GOOGL ) looks good through a long-term lens and the latest quarter is another step in the right direction as the revenue from the 1Q24 results was well above 1Q23: My thesis is that Google's key segments are doing well: Search, YouTube Ads and Cloud. Search Analysts predicted Google Search would struggle when ChatGPT became popular, but Google Search is still doing well. Revenue for Google's Search & other segment increased more than 14% from $40,359 million in 1Q23 to $46,156 million in 1Q24. Autoregressive large language models ("LLMs") power AI tools like ChatGPT, and they are helpful with respect to answering information queries. They are used instead of Google for some searches, but they are not a panacea. Some [Read more]
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Stockreport

Google's Key Segments Are Doing Well [Seeking Alpha]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Seeking Alpha
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Google Search continues to grow despite the popularity of ChatGPT. YouTube ad revenue has increased significantly, and AI advancements play a new role in the platform's success. Introduction In my February article , I said Alphabet Inc. ( NASDAQ: GOOG NASDAQ: GOOGL ) looks good through a long-term lens and the latest quarter is another step in the right direction as the revenue from the 1Q24 results was well above 1Q23: My thesis is that Google's key segments are doing well: Search, YouTube Ads and Cloud. Search Analysts predicted Google Search would struggle when ChatGPT became popular, but Google Search is still doing well. Revenue for Google's Search & other segment increased more than 14% from $40,359 million in 1Q23 to $46,156 million in 1Q24. Autoregressive large language models ("LLMs") power AI tools like ChatGPT, and they are helpful with respect to answering information queries. They are used instead of Google for some searches, but they are not a panacea. Some [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS