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Alphabet: Sustained Growth Amid Market Leadership and AI Advancements
AlphabetAlphabet(US:GOOG) GuruFocusยท2024-07-22 13:00

Alphabet Inc. (GOOG, Financial) (GOOGL, Financial), which is more commonly referred to as Google, recognized as one of the largest tech companies by revenue. It reported trailing revenue of $318.15 billion and holds the position of fourth most valuable company globally with a market cap of $2.17 trillion. As we head into the second-quarter earnings season, the bull market continues to rise, driven largely by the Magnificent Seven. The S&P 500 has appreciated by around 17% year to date, while Alphabet has ou ...