Alphabet projects long-term growth driven by AI competitiveness and reasonable valuation
GOOGL Alphabet Inc
$347.64 -1.74%
View chart & analysis → - 1Alphabet stock has recorded a 300% return since early 2023.
- 2Google Cloud's share of recent quarterly revenue increased to 21%.
- 3CEO Sundar Pichai expects Waymo to contribute significantly to revenue as early as 2027.
So what's the key point?
Alphabet's Google Cloud revenue share has grown to 21%. The company shows potential for continued growth by securing competitiveness in artificial intelligence.
Source The Motley Fool +1 · View original ↗
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