3DSculptor
Investment Thesis
The last time I wrote about Alphabet (GOOG) (NASDAQ:GOOGL), in July 2024, I analyzed the company's Q2 earnings report and dissected some of the major developments announced by the company, especially with respect to the
Alphabet: Growth In Google Cloud Vindicates The AI Spend
Summary
- Alphabet had a strong third quarter, beating on both the top and bottom lines.
- Google Cloud's growth shows that the company's investments in AI are paying off.
- The growth slowdown in Search and YouTube is a cause for concern.
An independent investor in the Indian and US equity markets with a CFA Charter and a PhD in Finance from University of Durham, U.K. I hold an Honorary Associate Professor in Finance and Corporate Governance title at Brunel University London. I have a YouTube and a Podcast channel, titled The Stock Doctor,' where I discuss my views on the US and Indian markets every week. In addition, I actively undertake quantitative research in the areas of US equities, Behavioural Finance, Corporate Governance, Activist Hedge Funds, Cryptocurrencies and M&A , and have published in top-ranked peer-reviewed journals.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GOOGL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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