$Alphabet(GOOG)$ Alphabet's Go-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Alphabet(GOOG)$ Alphabet's Google search engine generated nearly 60% of the company's $74.6 billion in second-quarter revenue from advertising. YouTube contributed another $7.7 billion in Q2 ad revenue. And Alphabet's ad sales are poised to rise thanks to the digital advertising industry's ongoing growth. U.S. ad spending is forecasted to expand from 2022's $245 billion to $395 billion by 2027.

The company also possesses a prosperous cloud computing business, Google Cloud. This division consistently produced double-digit sales growth annually, including 28% year-over-year revenue growth to $8 billion in Q2.

Another revenue growth opportunity is Alphabet's investments in artificial intelligence. The company released a number of new AI capabilities this year for advertisers, and integrated AI features into Google Cloud, such as enhanced cybersecurity. The worldwide AI market is expected to grow from $142.3 billion in 2022 to $1.8 trillion by 2030, providing Alphabet with yet another long-term revenue boost.

💰 Stocks to watch today?(22 Nov)

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Comments

vippy
2023-09-24
vippy
The truth is, With little as $500, i was able to make a profit of 4k within 48 hours and today I've accumulated huge savings
nimbly
2023-09-24
nimbly
This is too easy, everyone is expecting a bounce today. Will it be easiest money ever with people going long or a shock from lack of buyers. Interesting day indeed. Those that are jumping in are going very short term long at the open..will the buying fade or pick up speed.
bubblyx
2023-09-24
bubblyx
Indeed google should look into changing CEO because this shouldn’t be less then $150 by now
cheerzy
2023-09-24
cheerzy
Looks like interest rate hike is for GOOGL only, when other stocks are thriving.
pixiezz
2023-09-24
pixiezz
Google's forward PE=19.5 vs MSFT forward PE=28.7
frosti
2023-09-24
frosti
Next week 1st hydrogen/electric truck rolls off the line

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What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$&nbsp;</a><v-v data-views=\"1\"></v-v>Alphabet's Google search engine generated nearly 60% of the company's $74.6 billion in second-quarter revenue from advertising. YouTube contributed another $7.7 billion in Q2 ad revenue. And Alphabet's ad sales are poised to rise thanks to the digital advertising industry's ongoing growth. U.S. ad spending is forecasted to expand from 2022's $245 billion to $395 billion by 2027.</p>\n<p>The company also possesses a prosperous cloud computing business, Google Cloud. 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