28/05/2025 09:35

Alphabet (GOOGL US) $US172.90

The concern around Google is how newer generative AI companies will impact their share of search, and the lucrative revenue that comes with it. In last week’s annual developers conference (I/O), they did a very good job of convincing MM (and hopefully others) that they are at the forefront of this revolution, by integrating generative AI and large language models (LLMs) into its search products.

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25/03/2025 09:50

Alphabet Inc (GOOGL US) $US167.68

Alphabet has corrected ~24% from the $US200 area, in line with a weaker performance across the AI space, which has led to the correction in Big Tech. The Google parent company posted a cloud revenue miss in February as it ramps up spending on artificial intelligence (AI), worrying investors that the mega-cap technology company may fall short of its aspirations in the AI space.

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06/02/2025 09:41

Alphabet (GOOGL US) $US191.33

GOOGL traded down over 7% on Wednesday night following its softer result with the ~1.5% miss on revenue weighing on the tech giant which was testing fresh highs just 24-hours earlier.

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05/02/2025 09:50

Alphabet (GOOGL US) $US206.38

Softer result after market close this morning see’s GOOGL US shares trading down 5% after hours;

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11/12/2024 09:34

Alphabet (GOOGL US) $US185.17

Google's parent company, Alphabet (GOOGL US), was a standout winner overnight, surging more than +5% after the company unveiled “Willow,” its latest quantum computing chip. When quantum computing matures, it is expected to be useful for large-scale simulations and code-breaking, but that may not be possible for years or decades.

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30/10/2024 09:23

Alphabet (GOOGL US) $US169.68

3Q results were released after the market this morning, beating expectations plus CEO Sundar Pichai's commentary was very positive. Shares were trading up ~8% after hours.

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12/09/2024 11:44

International Equities Portfolio – Amendments

We are making several changes to the International Equities Portfolio.

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29/08/2024 09:31

Alphabet Inc (GOOGL US) $US162.85

We have covered GOOGL a few times this year, having added the tech giant to our Hitlist earlier in the month. GOOGL has just said it will soon allow users to create images of people using its Gemini artificial intelligence tool after pulling the AI image generation option in February, a sign they remain full steam ahead with AI. In July, GOOGL delivered largely better-than-expected earnings results that showed the search and cloud giant is finally on a better footing in the fast-growing AI space.

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07/08/2024 09:26

Alphabet (GOOGL US) $US158.29

We covered Alphabet here, writing in July that if we agree that AI is a fundamental change in the world and we’re only in the initial stages of its evolution, then we must think about GOOGL as a play on this theme. We concluded that; It will not take a significant pullback in GOOGL for the risk/reward profile to stack up, noting that we’ve been too conservative in our approach to the stock over the past year. MM likes GOOGL into a 10% pullback.

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10/07/2024 09:10

Alphabet (GOOGL US) US$188.98

If we agree that AI is a fundamental change in the world and we’re only in the initial stages of its evolution, then we must think about GOOGL as a play on this theme.

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