USSTOCK.TODAY
Weekend. Closed
Log in Sign up

Alphabet's enterprise value could double by 2030 driven by AI growth

The Motley Fool +1 ·

GOOG Alphabet Inc
$336.91 -2.32%
View chart & analysis →
GOOGL -2.47%
  1. 1Google Cloud revenue growth reached 82% year-over-year in the second quarter.
  2. 2The Gemini app reached 950,000,000 monthly active users.
  3. 3Waymo is already conducting autonomous driving in several cities.

So what's the key point?

Google's cloud revenue grew by 82%, and AI users and autonomous driving services are performing well. Driven by AI growth, Alphabet's value could double by 2030.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

CoreWeave Stock and Bonds Plunge Amid Growing AI Infrastructure Debt Concerns Reuters +2 · 2d agoAlphabet projects long-term growth driven by AI competitiveness and reasonable valuation The Motley Fool +1 · 3d agoGE Aerospace Share Price Decline, CPP Acquisition, and Earnings Outlook TIKR +1 · 1h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news