Google Is Officially a $2 Trillion Company

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Google Is Officially a $2 Trillion Company

The Verge04-27

Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the ...

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n123
·04-27
Great article, would you like to share it?
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MasonBoyi
·04-27
Great article, would you like to share it?
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Andrewinho
·04-27
👏👏👏👏👏👏👏
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Success88
·04-27
Overreliance on AI for search targeting and ad placement can be counterproductive. Imagine constantly seeing ads for things you've already purchased. This can limit exposure to new products and hinder discovery.
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AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during the holiday quarter when search and ad revenue were both a bit higher.And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.Google will host its developer conference, Google I/O, on May 14th.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":299762382983216,"gmtCreate":1714203594557,"gmtModify":1714207180091,"author":{"id":"3575400901791656","authorId":"3575400901791656","name":"n123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299762382983216","repostId":2430736880,"repostType":2,"repost":{"id":"2430736880","pubTimestamp":1714177670,"share":"https://www.laohu8.com/m/news/2430736880?lang=&edition=full","pubTime":"2024-04-27 08:27","market":"us","language":"en","title":"Google Is Officially a $2 Trillion Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2430736880","media":"The Verge","summary":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the compa","content":"<html><head></head><body><p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.</p><p>Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.</p><p>Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8c7b471f01a392fd82f1ce09969a419\" tg-width=\"532\" tg-height=\"363\"/></p><p>Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”</p><p>The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”</p><p>For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.</p><p>Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during <em>the holiday quarter</em> when search and ad revenue were both a bit higher.</p><p>And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.</p><p>Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).</p><p>Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.</p><p>Google will host its developer conference, Google I/O, on May 14th.</p></body></html>","source":"theverge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Is Officially a $2 Trillion Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Is Officially a $2 Trillion Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue><strong>The Verge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the ...</p>\n\n<a href=\"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4554":"元宇宙及AR概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4532":"文艺复兴科技持仓","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4534":"瑞士信贷持仓","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4566":"资本集团","LU0109392836.USD":"富兰克林科技股A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","BK4538":"云计算","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4550":"红杉资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","GOOGL":"谷歌A","LU0238689110.USD":"贝莱德环球动力股票基金","GOOG":"谷歌","LU0861579265.USD":"联博低波幅策略股票基金A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4548":"巴美列捷福持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2430736880","content_text":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during the holiday quarter when search and ad revenue were both a bit higher.And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.Google will host its developer conference, Google I/O, on May 14th.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":299711936204928,"gmtCreate":1714191281513,"gmtModify":1714192828652,"author":{"id":"4115952546507142","authorId":"4115952546507142","name":"MasonBoyi","avatar":"https://community-static.tradeup.com/news/7da91b262386eb159a5bf55b8912ed8e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299711936204928","repostId":2430736880,"repostType":4,"repost":{"id":"2430736880","pubTimestamp":1714177670,"share":"https://www.laohu8.com/m/news/2430736880?lang=&edition=full","pubTime":"2024-04-27 08:27","market":"us","language":"en","title":"Google Is Officially a $2 Trillion Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2430736880","media":"The Verge","summary":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the compa","content":"<html><head></head><body><p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.</p><p>Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.</p><p>Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8c7b471f01a392fd82f1ce09969a419\" tg-width=\"532\" tg-height=\"363\"/></p><p>Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”</p><p>The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”</p><p>For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.</p><p>Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during <em>the holiday quarter</em> when search and ad revenue were both a bit higher.</p><p>And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.</p><p>Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).</p><p>Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.</p><p>Google will host its developer conference, Google I/O, on May 14th.</p></body></html>","source":"theverge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Is Officially a $2 Trillion Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Is Officially a $2 Trillion Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue><strong>The Verge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the ...</p>\n\n<a href=\"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4554":"元宇宙及AR概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4532":"文艺复兴科技持仓","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4534":"瑞士信贷持仓","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4566":"资本集团","LU0109392836.USD":"富兰克林科技股A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","BK4538":"云计算","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4550":"红杉资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","GOOGL":"谷歌A","LU0238689110.USD":"贝莱德环球动力股票基金","GOOG":"谷歌","LU0861579265.USD":"联博低波幅策略股票基金A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4548":"巴美列捷福持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2430736880","content_text":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during the holiday quarter when search and ad revenue were both a bit higher.And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.Google will host its developer conference, Google I/O, on May 14th.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":299661091066016,"gmtCreate":1714178869726,"gmtModify":1714178873247,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"👏👏👏👏👏👏👏","listText":"👏👏👏👏👏👏👏","text":"👏👏👏👏👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299661091066016","repostId":2430736880,"repostType":4,"repost":{"id":"2430736880","pubTimestamp":1714177670,"share":"https://www.laohu8.com/m/news/2430736880?lang=&edition=full","pubTime":"2024-04-27 08:27","market":"us","language":"en","title":"Google Is Officially a $2 Trillion Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2430736880","media":"The Verge","summary":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the compa","content":"<html><head></head><body><p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.</p><p>Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.</p><p>Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8c7b471f01a392fd82f1ce09969a419\" tg-width=\"532\" tg-height=\"363\"/></p><p>Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”</p><p>The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”</p><p>For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.</p><p>Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during <em>the holiday quarter</em> when search and ad revenue were both a bit higher.</p><p>And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.</p><p>Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).</p><p>Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.</p><p>Google will host its developer conference, Google I/O, on May 14th.</p></body></html>","source":"theverge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Is Officially a $2 Trillion Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Is Officially a $2 Trillion Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue><strong>The Verge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the ...</p>\n\n<a href=\"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4554":"元宇宙及AR概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4532":"文艺复兴科技持仓","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4534":"瑞士信贷持仓","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4566":"资本集团","LU0109392836.USD":"富兰克林科技股A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","BK4538":"云计算","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4550":"红杉资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","GOOGL":"谷歌A","LU0238689110.USD":"贝莱德环球动力股票基金","GOOG":"谷歌","LU0861579265.USD":"联博低波幅策略股票基金A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4548":"巴美列捷福持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2430736880","content_text":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during the holiday quarter when search and ad revenue were both a bit higher.And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.Google will host its developer conference, Google I/O, on May 14th.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":299658478223448,"gmtCreate":1714178228142,"gmtModify":1714178231946,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0},"htmlText":"Overreliance on AI for search targeting and ad placement can be counterproductive. Imagine constantly seeing ads for things you've already purchased. This can limit exposure to new products and hinder discovery.&nbsp;","listText":"Overreliance on AI for search targeting and ad placement can be counterproductive. Imagine constantly seeing ads for things you've already purchased. This can limit exposure to new products and hinder discovery.&nbsp;","text":"Overreliance on AI for search targeting and ad placement can be counterproductive. Imagine constantly seeing ads for things you've already purchased. This can limit exposure to new products and hinder discovery.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299658478223448","repostId":2430736880,"repostType":2,"repost":{"id":"2430736880","pubTimestamp":1714177670,"share":"https://www.laohu8.com/m/news/2430736880?lang=&edition=full","pubTime":"2024-04-27 08:27","market":"us","language":"en","title":"Google Is Officially a $2 Trillion Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2430736880","media":"The Verge","summary":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the compa","content":"<html><head></head><body><p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.</p><p>Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.</p><p>Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8c7b471f01a392fd82f1ce09969a419\" tg-width=\"532\" tg-height=\"363\"/></p><p>Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”</p><p>The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”</p><p>For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.</p><p>Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during <em>the holiday quarter</em> when search and ad revenue were both a bit higher.</p><p>And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.</p><p>Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).</p><p>Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.</p><p>Google will host its developer conference, Google I/O, on May 14th.</p></body></html>","source":"theverge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Is Officially a $2 Trillion Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Is Officially a $2 Trillion Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue><strong>The Verge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the ...</p>\n\n<a href=\"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4554":"元宇宙及AR概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4532":"文艺复兴科技持仓","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4534":"瑞士信贷持仓","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4566":"资本集团","LU0109392836.USD":"富兰克林科技股A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","BK4538":"云计算","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4550":"红杉资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","GOOGL":"谷歌A","LU0238689110.USD":"贝莱德环球动力股票基金","GOOG":"谷歌","LU0861579265.USD":"联博低波幅策略股票基金A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4548":"巴美列捷福持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2430736880","content_text":"Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.Google execs cut projects and laid off employees to refocus, and yesterday, it announced its first-ever dividend and a $70 billion share buyback alongside its Q1 2024 earnings.Investors, at least, are eating it up: Google parent company Alphabet has finally officially hit and maintained a $2 trillion market cap for a whole day of trading after briefly touching $2 trillion in November 2021. Google is the fourth most valuable public company in the world, behind Nvidia ($2.2 trillion), Apple ($2.6 trillion), and Microsoft ($3.0 trillion). Amazon is currently at $1.8 trillion, and Meta is at $1.1 trillion.Unlike Meta, whose stock price fell 10 percent after Mark Zuckerberg said it would take years to make money in “massive” bets on generative AI, Google said yesterday that it’s already finding some small ways to sell it — for example, it’s helping advertisers target people with AI in its Performance Max tool and that those advertisers are “63 percent more likely to publish a campaign with good or excellent ad strength.”The company also says Discover Financial is rolling out AI tools to nearly 10,000 call center agents and that Ikea is seeing an increase in one form of revenue from “value-based bidding solutions.” And while it’s not yet talking about monetizing AI answers in Google Search, CEO Sundar Pichai said, “...we are very confident we can manage the cost of how to serve these queries.”For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai.Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.5 billion in revenue, according to the Q1 2024 earnings report it released yesterday. Not only is that 15 percent more revenue year over year — it’s 14 percent more profit than it made during the holiday quarter when search and ad revenue were both a bit higher.And while Google may have cut a thousand-plus employees to help boost those profits, it seems layoffs may have slowed or paused. We reported last quarter that Google spent $700 million on layoffs in January alone, and yet, the new Q1 report shows Google only spent $716 million on “severance and related charges” across January, February, and March.Q1 search and advertising revenue were each up 14 percent year over year, YouTube ads were up nearly 21 percent, and “subscriptions, platforms, and devices” were up 18 percent year over year — mostly due to premium YouTube subscriptions, said Google chief business officer Philipp Schindler (so not necessarily Pixel 8 sales).Google said it’s improving its ability to challenge TikTok and Instagram Reels, too, with Schindler talking about how 50 percent more creators are uploading YouTube Shorts shortform videos and how the monetization rate of Shorts has increased 12 percent over the last quarter alone.Google will host its developer conference, Google I/O, on May 14th.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":22,"commentSize":0,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}