Alphabet is rated a Buy with an expected 15-25% upside, driven by its strong advertising business and potential backlog revenue. Concerns about high capital expenditures (CapEx) for AI data centers are considered exaggerated, as the company is positioned for steady growth after AI investments stabilize. The target price is $449.92, supported by an 18.2% implied upside using a 16x EV/EBITDA multiple and a 9.67% WACC. CapEx is expected to normalize after the current data center buildout, with EBITDA margins expanding and sales growth moderating to 3.5% by 2034.
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
