Alphabet’s stock took a hit despite strong Q4 results due to higher AI spending. However, the investments are already paying off, with Google Cloud revenue soaring. Google Search is also thriving, with revenue up 16.7% YoY. Alphabet’s financials are robust, with a cash position of $126.8 billion. Two growth opportunities to watch: Apple partnership and Waymo’s potential in the robotaxi market.
Read more at Nasdaq: 5 Reasons to Buy Google Parent Alphabet Stock on the Dip
