Alphabet Earnings Beckon for These ETFs

Core Viewpoint - Alphabet is set to report earnings, and its recent achievement of joining the $4 trillion market capitalization club presents opportunities for traders, particularly through single-stock ETFs like GGLL and GGLS [1] Group 1: Earnings and Market Performance - Alphabet's earnings report is anticipated on February 4, with expectations of strong performance driven by its cloud computing business and AI spending plans [1] - The company has a history of exceeding earnings estimates, which may favor bullish positions in GGLL, while bearish positions in GGLS should not be overlooked [1] Group 2: Growth Metrics and Future Projections - Analysts expect growth in Google Cloud to be a critical metric, with strong performance potentially enhancing overall results and demonstrating monetization of generative AI [1] - Forecasts indicate Alphabet's revenue will grow at a compound annual growth rate of 13% over the next five years, with a long-term fair value estimate of $340 per share [1]