Alphabet Inc. experienced
the first oversold territory in the past five months, resulting in
Jim Cramer beginning to sell his shares. This closely followed management's promising words to investors. As AI investment picks up, Alphabet has started implementing layoffs in HR and Cloud departments, with some speculating this could potentially challenge Alphabet’s Google Search Dominance. Meanwhile, the
Waymo's valuation is said to be much higher than many realize. While
Amazon and Alphabet shares are compared for their viability, allegations of
patent infringement from Chegg resulted due to Google's AI capabilities. Alphabet’s Google also faces layoffs in the Cloud division and restructuring. Due to restructuring,
Google Cloud made substantial revenue, soaring to
$97 Billion. Despite recent success, Alphabet stocks suffered a setback as shares fell due to concerns over Cloud performance and heavy AI investments. Alphabet saw a decline in Cloud Growth in its Q4, but investors remain optimistic over its advertising power and AI projects.
Alphabet GOOG News Analytics from Wed, 11 Dec 2024 08:00:00 GMT to Sat, 01 Mar 2025 21:41:01 GMT -
Rating -3
- Innovation 6
- Information 8
- Rumor -5
