Alphabet Inc Class C
GOOG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$355.00 | Pby | Zpyqvcvcp |
Alphabet Earnings: Google Search, YouTube, and Cloud Impress, but Network Revenue Declines Further
The network effect continued to drive growth at Google search and YouTube during Alphabet's fourth quarter. In addition, as we expected, increasing demand for artificial intelligence accelerated cloud revenue growth. However, continuing weakness in Google’s advertising technology business, or Google network, pressured total advertising growth a bit.