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Is It Too Late to Buy Alphabet Stock? [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
advertising business and gradually expanded its artificial intelligence (AI) capabilities. The company's shares have climbed nearly 60% in the last twelve months, significantly outperforming the S&P 500 . Meanwhile, Alphabet's most recent quarter (the first quarter of 2024) has shown signs that its heavy investment in AI is beginning to pay off. Brands like YouTube, Android, Chrome, and Google have made Alphabet a tech behemoth, garnering billions of users worldwide. The company has used its vast user base to build a lucrative advertising business. And now, the popularity of these platforms is providing Alphabet with multiple opportunities to boost its venture into AI. So, here's why it's not too late to buy Alphabet's stock. Alphabet delivered glowing quarterly results, followed by cost-cutting measures Alphabet posted its Q1 2024 results on April 25, leading its stock to pop 6%. The company delivered promising earnings, with revenue rising 15% year over year to $81 billion
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