Zzz bc b g

5
Comment
Favorite

TLSG
07-20

Zzz bc b g

Alphabet Q2 Earnings Preview: Search Ads, Cloud Upside Likely on Gen AI

Alphabet's Q2 revenue is expected to be $70.645 billion, with an net income of $24.517 billion and an adjusted EPS of $1.898, according to Bloomberg's consensus expectation.Alphabet (GOOGL) is expecte

Alphabet Q2 Earnings Preview: Search Ads, Cloud Upside Likely on Gen AI

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":329543555801200,"tweetId":"329543555801200","gmtCreate":1721460888800,"gmtModify":1721465117142,"author":{"id":4094206184094860,"idStr":"4094206184094860","authorId":4094206184094860,"authorIdStr":"4094206184094860","name":"TLSG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Zzz bc b g</p></body></html>","htmlText":"<html><head></head><body><p>Zzz bc b g</p></body></html>","text":"Zzz bc b g","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/329543555801200","repostId":1173880164,"repostType":2,"repost":{"id":"1173880164","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1721441011,"share":"https://www.laohu8.com/m/news/1173880164?lang=&edition=full","pubTime":"2024-07-20 10:03","market":"us","language":"en","title":"Alphabet Q2 Earnings Preview: Search Ads, Cloud Upside Likely on Gen AI","url":"https://stock-news.laohu8.com/highlight/detail?id=1173880164","media":"Tiger Newspress","summary":"Alphabet's Q2 revenue is expected to be $70.645 billion, with an net income of $24.517 billion and an adjusted EPS of $1.898, according to Bloomberg's consensus expectation.Alphabet (GOOGL) is expecte","content":"<html><head></head><body><blockquote><p>Alphabet&#39;s Q2 revenue is expected to be $70.645 billion, with an net income of $24.517 billion and an adjusted EPS of $1.898, according to Bloomberg&#39;s consensus expectation.</p></blockquote><p>Alphabet (GOOGL) is expected to report its fiscal second-quarter earnings after market closes on Tuesday, July 23.</p><p>Ongoing tailwinds are from robust advertising spending and margin growth in Google Cloud, fueled by advancements in AI. Despite facing mildly tough comps in revenue growth, updates on AI innovations will be what investors focus on the most.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1996f6d6227ae0021485c10a145acb0b\" tg-width=\"973\" tg-height=\"328\"/></p><p>Alphabet&#39;s ads segment could again exceed consensus expectations of 11% sales growth in 2Q on increased time spent on the site, driven by its rollouts of AI Overviews and Search Generative Experience. The company&#39;s addition of new customers for its Vertex AI offering is likely to drive sequential growth of at least 300-500 bps in Google Cloud revenue, while AI integration in ad tools might aid YouTube ad sales. In addition, the bundling of Gemini Advanced subscription to its Google One offering may help surpass consensus for midteens growth in subscription sales.</p><p>While increased capex expectations and losses in its Other Bets could mute free-cash-flow growth, we believe an upside to search ad sales and faster gains in generative-AI workloads and subscription sales should help the company beat consensus&#39; top-line forecasts. </p><h2 id=\"id_2233482843\" style=\"text-align: start;\">What to Look for in Alphabet’s Q2 Earnings</h2><p style=\"text-align: start;\">Alphabet’s upcoming Q2 results are eagerly anticipated, with market expectations running high. Over the past three months, 43 out of 49 analysts have raised their forecasts for Q2, showing unwavering confidence in the company’s performance.</p><p style=\"text-align: start;\">Last quarter, Alphabet highlighted several key points, such as consolidating its AI models like Gemini 1.5 Pro and building a strong infrastructure with efficient data centers to support advanced AI development. It also integrated AI into Search to improve user experience and engagement, which helps clear monetization paths through ads, cloud services, and subscriptions.</p><p style=\"text-align: start;\">Alphabet’s recent strong performance, driven by robust ad spending trends and advancements in AI capabilities, has solidified its position as a two trillion-dollar company with double-digit growth. In Q1 alone, Alphabet saw its revenues climb 15.4% year-over-year, a significant increase of over $10.75 billion compared to Q1 2023, highlighting its growth story.</p><p style=\"text-align: start;\">Google Cloud should continue to show double-digit revenue growth. Alphabet’s Cloud segment reported operating margins of 9% last quarter, still much lower than Amazon’s (AMZN) AWS, which was 37%. Progress in this area will be key to maintaining bullish momentum.</p><p style=\"text-align: start;\">Alphabet has set ambitious targets, aiming for Google Cloud and YouTube to achieve a combined annual run rate exceeding $100 billion by this year. This commitment is underscored by significant investments in infrastructure, including nearly doubling capital expenditures (CapEx) to $12 billion in Q1 2024 compared to the previous year, despite Google Cloud operating at a loss until 2022 due to reinvestment for growth.</p><p style=\"text-align: start;\">However, management said it expects CapEx for the coming quarters to come in roughly at or above Q1 levels. This suggests that Alphabet should continue at least to prioritize substantial investments in infrastructure to support its growth targets.</p><h2 id=\"id_2571894267\" style=\"text-align: start;\">Anticipating Tough Comps in Q2</h2><p style=\"text-align: start;\">Since Alphabet doesn’t provide guidance, expectations can sometimes be misaligned. Last quarter, Google’s management hinted at tougher comparisons for Q2.</p><p style=\"text-align: start;\">Alphabet’s revenue growth might be slightly lower because of the Q1 leap year benefit and the anticipation of a stronger impact from foreign exchange rates in Q2.</p><p style=\"text-align: start;\">Regarding YouTube Ads revenue, the over 20% yearly growth in Q1 was accelerated by increased spending on both brand and direct response advertising. Looking ahead, Alphabet’s management highlights two important trends: (1) in Q1, a significant portion of advertising spend came from retailers in Asia-Pacific, a trend that began in mid-2023 and is expected to decrease in Q2; (2) the strong revenue growth in Q1 also reflects a comparison to a period of slower growth in the previous year’s Q1.</p><h2 id=\"id_3594379812\" style=\"text-align: start;\">GOOGL Stock’s Momentum</h2><p style=\"text-align: start;\">The 49% increase in value over the last 12 months, with 33% of that growth occurring in this year alone, underscores the strong trading momentum behind Alphabet stock. Google’s dominance in the advertising sector, coupled with significant growth prospects in Google Cloud driven by AI technologies, explains much of this surge.</p><p style=\"text-align: start;\">While past performance doesn’t guarantee future outcomes, historically, July—when Q2 earnings are released—has been the strongest month in terms of average returns, averaging 8.2% over the last 16 years. This highlights heightened expectations surrounding Q2 results. In contrast, August tends to show flat returns, indicating the market’s anticipation of a strong Q2 without significant surprises later on.</p><p style=\"text-align: start;\">However, since the AI boom took off, GOOGL’s post-earnings day reaction has been quite volatile over the past four quarters. As the table below shows, the stock has either sharply risen or fallen, without much of a middle ground in the aftermath.</p><p style=\"text-align: start;\">Another notable point is that despite the recent strong price gains, Alphabet shares are currently trading at a forward P/E multiple of 24.5x, which is slightly below their average over the past five years. This suggests that either Alphabet was previously trading at historically high multiples, or there is potential for growth driven by advertising trends and AI in cloud computing that may still be undervalued. </p></body></html>","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>Alphabet Q2 Earnings Preview: Search Ads, Cloud Upside Likely on Gen AI</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\">\nAlphabet Q2 Earnings Preview: Search Ads, Cloud Upside Likely on Gen AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-07-20 10:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>Alphabet&#39;s Q2 revenue is expected to be $70.645 billion, with an net income of $24.517 billion and an adjusted EPS of $1.898, according to Bloomberg&#39;s consensus expectation.</p></blockquote><p>Alphabet (GOOGL) is expected to report its fiscal second-quarter earnings after market closes on Tuesday, July 23.</p><p>Ongoing tailwinds are from robust advertising spending and margin growth in Google Cloud, fueled by advancements in AI. Despite facing mildly tough comps in revenue growth, updates on AI innovations will be what investors focus on the most.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1996f6d6227ae0021485c10a145acb0b\" tg-width=\"973\" tg-height=\"328\"/></p><p>Alphabet&#39;s ads segment could again exceed consensus expectations of 11% sales growth in 2Q on increased time spent on the site, driven by its rollouts of AI Overviews and Search Generative Experience. The company&#39;s addition of new customers for its Vertex AI offering is likely to drive sequential growth of at least 300-500 bps in Google Cloud revenue, while AI integration in ad tools might aid YouTube ad sales. In addition, the bundling of Gemini Advanced subscription to its Google One offering may help surpass consensus for midteens growth in subscription sales.</p><p>While increased capex expectations and losses in its Other Bets could mute free-cash-flow growth, we believe an upside to search ad sales and faster gains in generative-AI workloads and subscription sales should help the company beat consensus&#39; top-line forecasts. </p><h2 id=\"id_2233482843\" style=\"text-align: start;\">What to Look for in Alphabet’s Q2 Earnings</h2><p style=\"text-align: start;\">Alphabet’s upcoming Q2 results are eagerly anticipated, with market expectations running high. Over the past three months, 43 out of 49 analysts have raised their forecasts for Q2, showing unwavering confidence in the company’s performance.</p><p style=\"text-align: start;\">Last quarter, Alphabet highlighted several key points, such as consolidating its AI models like Gemini 1.5 Pro and building a strong infrastructure with efficient data centers to support advanced AI development. It also integrated AI into Search to improve user experience and engagement, which helps clear monetization paths through ads, cloud services, and subscriptions.</p><p style=\"text-align: start;\">Alphabet’s recent strong performance, driven by robust ad spending trends and advancements in AI capabilities, has solidified its position as a two trillion-dollar company with double-digit growth. In Q1 alone, Alphabet saw its revenues climb 15.4% year-over-year, a significant increase of over $10.75 billion compared to Q1 2023, highlighting its growth story.</p><p style=\"text-align: start;\">Google Cloud should continue to show double-digit revenue growth. Alphabet’s Cloud segment reported operating margins of 9% last quarter, still much lower than Amazon’s (AMZN) AWS, which was 37%. Progress in this area will be key to maintaining bullish momentum.</p><p style=\"text-align: start;\">Alphabet has set ambitious targets, aiming for Google Cloud and YouTube to achieve a combined annual run rate exceeding $100 billion by this year. This commitment is underscored by significant investments in infrastructure, including nearly doubling capital expenditures (CapEx) to $12 billion in Q1 2024 compared to the previous year, despite Google Cloud operating at a loss until 2022 due to reinvestment for growth.</p><p style=\"text-align: start;\">However, management said it expects CapEx for the coming quarters to come in roughly at or above Q1 levels. This suggests that Alphabet should continue at least to prioritize substantial investments in infrastructure to support its growth targets.</p><h2 id=\"id_2571894267\" style=\"text-align: start;\">Anticipating Tough Comps in Q2</h2><p style=\"text-align: start;\">Since Alphabet doesn’t provide guidance, expectations can sometimes be misaligned. Last quarter, Google’s management hinted at tougher comparisons for Q2.</p><p style=\"text-align: start;\">Alphabet’s revenue growth might be slightly lower because of the Q1 leap year benefit and the anticipation of a stronger impact from foreign exchange rates in Q2.</p><p style=\"text-align: start;\">Regarding YouTube Ads revenue, the over 20% yearly growth in Q1 was accelerated by increased spending on both brand and direct response advertising. Looking ahead, Alphabet’s management highlights two important trends: (1) in Q1, a significant portion of advertising spend came from retailers in Asia-Pacific, a trend that began in mid-2023 and is expected to decrease in Q2; (2) the strong revenue growth in Q1 also reflects a comparison to a period of slower growth in the previous year’s Q1.</p><h2 id=\"id_3594379812\" style=\"text-align: start;\">GOOGL Stock’s Momentum</h2><p style=\"text-align: start;\">The 49% increase in value over the last 12 months, with 33% of that growth occurring in this year alone, underscores the strong trading momentum behind Alphabet stock. Google’s dominance in the advertising sector, coupled with significant growth prospects in Google Cloud driven by AI technologies, explains much of this surge.</p><p style=\"text-align: start;\">While past performance doesn’t guarantee future outcomes, historically, July—when Q2 earnings are released—has been the strongest month in terms of average returns, averaging 8.2% over the last 16 years. This highlights heightened expectations surrounding Q2 results. In contrast, August tends to show flat returns, indicating the market’s anticipation of a strong Q2 without significant surprises later on.</p><p style=\"text-align: start;\">However, since the AI boom took off, GOOGL’s post-earnings day reaction has been quite volatile over the past four quarters. As the table below shows, the stock has either sharply risen or fallen, without much of a middle ground in the aftermath.</p><p style=\"text-align: start;\">Another notable point is that despite the recent strong price gains, Alphabet shares are currently trading at a forward P/E multiple of 24.5x, which is slightly below their average over the past five years. This suggests that either Alphabet was previously trading at historically high multiples, or there is potential for growth driven by advertising trends and AI in cloud computing that may still be undervalued. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173880164","content_text":"Alphabet's Q2 revenue is expected to be $70.645 billion, with an net income of $24.517 billion and an adjusted EPS of $1.898, according to Bloomberg's consensus expectation.Alphabet (GOOGL) is expected to report its fiscal second-quarter earnings after market closes on Tuesday, July 23.Ongoing tailwinds are from robust advertising spending and margin growth in Google Cloud, fueled by advancements in AI. Despite facing mildly tough comps in revenue growth, updates on AI innovations will be what investors focus on the most.Alphabet's ads segment could again exceed consensus expectations of 11% sales growth in 2Q on increased time spent on the site, driven by its rollouts of AI Overviews and Search Generative Experience. The company's addition of new customers for its Vertex AI offering is likely to drive sequential growth of at least 300-500 bps in Google Cloud revenue, while AI integration in ad tools might aid YouTube ad sales. In addition, the bundling of Gemini Advanced subscription to its Google One offering may help surpass consensus for midteens growth in subscription sales.While increased capex expectations and losses in its Other Bets could mute free-cash-flow growth, we believe an upside to search ad sales and faster gains in generative-AI workloads and subscription sales should help the company beat consensus' top-line forecasts. What to Look for in Alphabet’s Q2 EarningsAlphabet’s upcoming Q2 results are eagerly anticipated, with market expectations running high. Over the past three months, 43 out of 49 analysts have raised their forecasts for Q2, showing unwavering confidence in the company’s performance.Last quarter, Alphabet highlighted several key points, such as consolidating its AI models like Gemini 1.5 Pro and building a strong infrastructure with efficient data centers to support advanced AI development. It also integrated AI into Search to improve user experience and engagement, which helps clear monetization paths through ads, cloud services, and subscriptions.Alphabet’s recent strong performance, driven by robust ad spending trends and advancements in AI capabilities, has solidified its position as a two trillion-dollar company with double-digit growth. In Q1 alone, Alphabet saw its revenues climb 15.4% year-over-year, a significant increase of over $10.75 billion compared to Q1 2023, highlighting its growth story.Google Cloud should continue to show double-digit revenue growth. Alphabet’s Cloud segment reported operating margins of 9% last quarter, still much lower than Amazon’s (AMZN) AWS, which was 37%. Progress in this area will be key to maintaining bullish momentum.Alphabet has set ambitious targets, aiming for Google Cloud and YouTube to achieve a combined annual run rate exceeding $100 billion by this year. This commitment is underscored by significant investments in infrastructure, including nearly doubling capital expenditures (CapEx) to $12 billion in Q1 2024 compared to the previous year, despite Google Cloud operating at a loss until 2022 due to reinvestment for growth.However, management said it expects CapEx for the coming quarters to come in roughly at or above Q1 levels. This suggests that Alphabet should continue at least to prioritize substantial investments in infrastructure to support its growth targets.Anticipating Tough Comps in Q2Since Alphabet doesn’t provide guidance, expectations can sometimes be misaligned. Last quarter, Google’s management hinted at tougher comparisons for Q2.Alphabet’s revenue growth might be slightly lower because of the Q1 leap year benefit and the anticipation of a stronger impact from foreign exchange rates in Q2.Regarding YouTube Ads revenue, the over 20% yearly growth in Q1 was accelerated by increased spending on both brand and direct response advertising. Looking ahead, Alphabet’s management highlights two important trends: (1) in Q1, a significant portion of advertising spend came from retailers in Asia-Pacific, a trend that began in mid-2023 and is expected to decrease in Q2; (2) the strong revenue growth in Q1 also reflects a comparison to a period of slower growth in the previous year’s Q1.GOOGL Stock’s MomentumThe 49% increase in value over the last 12 months, with 33% of that growth occurring in this year alone, underscores the strong trading momentum behind Alphabet stock. Google’s dominance in the advertising sector, coupled with significant growth prospects in Google Cloud driven by AI technologies, explains much of this surge.While past performance doesn’t guarantee future outcomes, historically, July—when Q2 earnings are released—has been the strongest month in terms of average returns, averaging 8.2% over the last 16 years. This highlights heightened expectations surrounding Q2 results. In contrast, August tends to show flat returns, indicating the market’s anticipation of a strong Q2 without significant surprises later on.However, since the AI boom took off, GOOGL’s post-earnings day reaction has been quite volatile over the past four quarters. As the table below shows, the stock has either sharply risen or fallen, without much of a middle ground in the aftermath.Another notable point is that despite the recent strong price gains, Alphabet shares are currently trading at a forward P/E multiple of 24.5x, which is slightly below their average over the past five years. This suggests that either Alphabet was previously trading at historically high multiples, or there is potential for growth driven by advertising trends and AI in cloud computing that may still be undervalued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}