Joining us now with more, Michael Nathansson, founding partner, senior research analyst at Moffett Nathansson. Michael, thank you very much for joining us. You have argued, I believe, on this very program and in your research, that Alphabet should be the most valuable company in the world.Why. >> Thanks for having me. It's an AI winner, right.I think what people are starting to wake up to is that their infrastructure advantage lets them invest in AI more efficiently than almost any other company. Right, Bri ...

Key Takeaways Meta Platforms posted Q3 earnings of $7.25 per share, topping estimates by 9.68%.Revenues rose 26.2% year over year to $51.24B, driven by ad growth and user engagement.AI recommendations boosted Facebook time by 5% and Instagram video viewing by over 30% Meta Platforms (META) reported third-quarter 2025 non-GAAP earnings of $7.25 per share, beating the Zacks Consensus Estimate by 9.68%. GAAP earnings of $1.05 per share fell 82.6% year over year.Revenues of $51.24 billion beat the Zacks Consens ...

Alphabet's latest quarterly earnings delivered the goods, beating Wall Street analysts' expectations on both the top and bottom lines. The consensus among analysts covering Alphabet stock was for revenue of about $100 billion. Strong advertising sales at Google and YouTube, and robust demand for artificial intelligence compute power at Google Cloud, resulted in revenue of $102.4 billion, up 16% year over year. We delivered our first-ever $100 billion quarter. Google services, including Search, Android, ...

Key Takeaways Alphabet's Q3 EPS rose 35% year over year to $2.87, beating consensus estimates by nearly 27%. Revenues climbed 16% to $102.35B, fueled by strong gains in Search, YouTube and Cloud segments. Google Cloud backlog jumped 46% sequentially, with AI products seeing 200% annual revenue growth. Alphabet’s (GOOGL) third-quarter 2025 earnings of $2.87 per share beat the Zacks Consensus Estimate by 26.99% and jumped 35.4% year over year. Revenues of $102.35 billion increased 16% year over year (15% at c ...

Key Points Alphabet crushed on earnings last night, and Google Cloud revenue grew 34%. Total sales growth was 16% for Alphabet, but capital expenditure is growing much faster. Alphabet's AI investments are creating revenue growth, but at a high cost. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock surged 5% through 11:45 a.m. ET Thursday after beating earnings forecasts last night. Before its Q3 report, analysts forecast the Google parent company would earn ...

Mark Zuckerberg may have just dropped the biggest hint yet that Meta Platforms Inc's (NASDAQ:META) future might not run on ad dollars, but on AI power. Speaking to analysts on Wednesday at their third quarter earnings call, the Meta CEO said, "people keep asking if we can share compute — we haven't done that yet, but it's an option." That single line was enough to set Silicon Valley abuzz.Track META stock here.If Meta ever flips the switch and opens up its AI infrastructure to outsiders, it wouldn't just be ...

Alphabet (GOOGL) delivered stronger-than-expected third-quarter financials, sending GOOGL stock soaring more than 7% in pre-market trading. Notably, Alphabet delivered its first-ever $100 billion revenue quarter, as artificial intelligence (AI) has become the engine driving growth across nearly every part of the company’s business. From search and advertising to cloud computing, YouTube, and subscriptions, the company’s deep integration of AI technologies is paying off in a big way. Alphabet’s search busi ...

财务业绩 - 公司实现首个季度收入超1000亿美元，各项主要业务均表现强劲 [1] - 搜索业务收入同比增长14%，YouTube广告收入增长15%，谷歌云业务收入同比大幅增长34%，超出市场预期 [2] - 公司股票在第三季度上涨38%，为20年来最大涨幅，年初至今累计上涨52%，公司市值接近3.5万亿美元 [8][9] 人工智能战略与产品 - 首席执行官将业绩超预期归因于公司的全栈人工智能战略，新产品如"概览"和"AI模式"有效驱动了查询量增长 [2] - AI模式在美国拥有7500万日活跃用户，其使用量在本季度内翻倍 [3] - 面向消费者的聊天机器人Gemini月活跃用户已达6.5亿，正在缩小与OpenAI的差距 [3] - 公司正在AI模式中测试广告，并致力于制定Gemini等产品的货币化策略 [3][7][8] 云计算业务 - 云计算业务未履约合同金额激增至1550亿美元，较一年前增长近80% [3][4] - 本年度已达成的十亿美元级云交易数量已超过过去两年总和，且不包括新宣布的与Anthropic价值数百亿美元的合同 [4] - 公司与Meta、OpenAI等达成的重大合作持续验证其定制芯片方案 [5] 资本支出与行业趋势 - 公司将2025年全年资本支出指引上调至高达930亿美元，以应对激增的人工智能需求并缩小与微软和亚马逊的差距 [5] - 首席财务官提示2026年资本支出将有更大幅度提升 [5] - 行业层面，微软、字母控股和Meta均表示将大幅增加资本支出，微软年化资本支出已达1400亿美元，行业投入未见放缓迹象 [6][7] - 投资者对公司增加资本支出持积极态度，因其展示了清晰的人工智能货币化路径，这与面临市场压力的Meta和微软形成对比 [7][8] 市场预期与影响 - 搜索业务表现超出市场预期，缓解了此前市场对人工智能可能侵蚀其核心搜索收入引擎的担忧 [9]

公司业绩表现 - 第三季度总营收同比增长16%至1024亿美元 创下公司单季营收首次突破1000亿美元的纪录 [1][2] - 第三季度净利润同比大幅增长33%至近350亿美元 每股收益跃升35%至287美元 [2] - 谷歌云业务收入同比增长34%至1516亿美元 搜索业务收入增长145%至5657亿美元 YouTube广告收入增长15%至1026亿美元 [2] 分析师评级与目标价 - Canaccord Genuity维持买入评级 将目标价从270美元上调至330美元 [4] - Wedbush Securities重申跑赢大盘评级 将目标价从245美元上调至320美元 [6] - Needham维持买入评级 将目标价从260美元上调至330美元 [8] - KeyBanc Capital Markets重申增持评级 将目标价从300美元上调至330美元 [10] - Rosenblatt Securities维持中性评级 将目标价从224美元上调至279美元 [12] 人工智能驱动因素 - 公司在搜索 YouTube和云业务中通过Gemini和AI Overviews等创新推动产品和货币化增长 [4] - 全栈生成式AI战略带来定价能力和利润率扩张 AI模式推动搜索查询量和货币化提升 [8] - Gemini和AI模式的快速扩展以及核心搜索和云业务的强劲表现凸显公司在AI领域的优势 [11] 资本支出计划 - 2025年资本支出预测上调至910亿至930亿美元 较此前850亿美元有所增加 2026年计划进一步大幅增长以巩固AI领导地位 [5] - 第三季度资本支出同比猛增83%至240亿美元 修订后的2025年资本支出预测为920亿美元 2026年预测将跃升至1150亿美元 [9] - 资本支出增加主要针对AI基础设施和扩大云容量 反映云和AI相关投资的激增 [7][9] 市场反应与竞争态势 - 公司股价在财报发布后上涨473%至28825美元 [12] - 有分析师肯定AI模式的7500万日活跃用户和Gemini的强劲采用率 但对未来搜索领域来自其他AI领导者的竞争保持谨慎 [12]

Source: TradingView.com Key Takeaways Alphabet reported earnings that topped Wall Street estimates, as quarterly revenue surpassed $100 billion for the first time. Alphabet shares broke out from a flag pattern earlier this month, indicating a continuation of the stock’s strong uptrend. However, the relative strength index sits in overbought territory, increasing the likelihood of near-term profit-taking or consolidation. The measuring principle forecasts a potential upside target of $360. Investors s ...