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home / news releases / GOOGL - Google's Key Segments Are Doing Well


GOOGL - Google's Key Segments Are Doing Well

2024-05-02 11:54:22 ET

Summary

  • Google's key segments, including Search, YouTube Ads, and Cloud, are performing well.
  • Google Search continues to grow despite the popularity of ChatGPT.
  • YouTube ad revenue has increased significantly, and AI advancements play a new role in the platform's success.

Introduction

In my February article , I said Alphabet Inc. ( GOOG ) ( GOOGL ) looks good through a long-term lens and the latest quarter is another step in the right direction as the revenue from the 1Q24 results was well above 1Q23:

Revenue by segment (Author's spreadsheet)

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For further details see:

Google's Key Segments Are Doing Well
Stock Information

Company Name: Alphabet Inc.
Stock Symbol: GOOGL
Market: NASDAQ
Website: abc.xyz

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