DOJ aims to break up Alphabet, but Google Cloud and AI businesses booming.
From Nasdaq: 2024-12-15 18:45:00
Alphabet faces a red flag as the DOJ aims to break it up due to an illegal monopoly. This could take years to resolve, but Alphabet still has options for appeal. Despite this, Alphabet’s Google Cloud and AI businesses are booming, driving revenue growth and making it a solid investment at a reasonable price. Comparatively, Alphabet is cheaper than many tech giants, making it an attractive opportunity for investors.
Investors shouldn’t be deterred by the DOJ investigation, as Alphabet’s strong financial results and promising future in AI indicate a bullish case for the stock. With appealing valuation metrics and growth potential, Alphabet presents a second chance for investors to capitalize on a potentially lucrative opportunity. Consider the long-term success of companies like Nvidia, Apple, and Netflix after “Double Down” recommendations to gauge the potential returns from investing in Alphabet now. 1. The stock market reached new highs today, with the S&P 500 closing at a record 3,000 points. This surge comes as investors remain optimistic about trade talks between the U.S. and China.
2. A new study released by the CDC shows that the number of reported cases of the flu has decreased by 20% compared to last year. Health experts attribute this decline to widespread vaccination efforts.
3. The latest unemployment report reveals that the job market remains strong, with the unemployment rate dropping to 3.5%, the lowest in 50 years. This positive trend is expected to continue as the economy continues to grow.
Read more at Nasdaq: 1 Red Flag and 1 Green Flag for Alphabet in 2025
