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Alphabet's Comeback: The Hidden Engines Powering Google
MarketBeat· 2025-06-23 13:06
Alphabet TodayGOOGLAlphabet$166.64 -6.68 (-3.85%) 52-Week Range$140.53▼$207.05Dividend Yield0.50%P/E Ratio18.58Price Target$199.75Add to WatchlistAlphabet NASDAQ: GOOGL has staged an impressive recovery in recent months, bouncing more than 23% from its 52-week low in April and now down just 8% year-to-date. While the tech giant still trails many of its Magnificent Seven peers, the tide is slowly turning in its favor. Although Alphabet has faced its share of scrutiny this year, whether from regulatory press ...
Is OpenAI's Deal With Alphabet a Game Changer?
The Motley Fool· 2025-06-21 22:05
Core Insights - OpenAI has formed a significant partnership with Alphabet's Google Cloud Platform, marking a strategic move to diversify its cloud computing resources beyond Microsoft Azure [2][5] - The collaboration is seen as a potential game changer for both OpenAI and Alphabet, as it allows OpenAI to access necessary compute power while providing Alphabet with a new revenue stream [8][12] Group 1: OpenAI's Strategic Moves - OpenAI aims to avoid vendor lock-in with Microsoft by expanding its cloud infrastructure partnerships, which is crucial for its growth and operational flexibility [3][5] - The partnership with Alphabet is aligned with OpenAI's broader strategy to manage increasing data workloads and the costs associated with training AI models [5] Group 2: Implications for Alphabet - Alphabet's Google Cloud is smaller compared to competitors like Microsoft Azure and Amazon Web Services, but the partnership with OpenAI could enhance its market position [8] - The collaboration may serve as a hedge against potential declines in Alphabet's search advertising revenue due to competition from AI-driven platforms like ChatGPT [10][12] - By gaining insights into OpenAI's workloads, Alphabet could potentially enhance its own AI capabilities, although the extent of data access remains uncertain [13] Group 3: Market Perception and Valuation - Alphabet's stock is currently trading at a discount compared to its cloud hyperscaler peers, which may reflect an overly pessimistic view of its competitive position in the cloud market [14][16] - The partnership with OpenAI could provide Alphabet with a pathway to sustain growth even as its core search business faces challenges, making the stock an attractive investment opportunity [17]
Atos and IGM Financial successfully complete public cloud transformation
Globenewswire· 2025-06-19 14:00
Press Release Atos and IGM Financial successfully complete public cloud transformation Paris, France – June 19, 2025 – Atos, a global leader in digital transformation, today announces the completed data center migration project of Canada’s leading diversified wealth and asset management company IGM Financial Inc., transforming assets to a modern, agile and secure solution built on Microsoft Azure and Google Cloud Platform (GCP). The new, cloud-native model will help IGM drive efficiencies and business outc ...
Tenable Research Finds Pervasive Cloud Misconfigurations Exposing Critical Data and Secrets
Globenewswire· 2025-06-18 13:00
Insecure cloud configurations create widespread risk, highlighting the urgent need for unified cloud exposure managementCOLUMBIA, Md., June 18, 2025 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today released its 2025 Cloud Security Risk Report. The research revealed that 9% of publicly accessible cloud storage contains sensitive data, 97% of which is classified as restricted or confidential. These exposures increase the risk of exploitation, particularly when paired with misconfigurations ...