From The Motley Fool · Adria Cimino · · 50s
Should You Buy Alphabet Before Oct 28?
Alphabet's earnings report on Oct 28 could boost shares before or after the event.
In brief
Alphabet's earnings report on Oct 28 could boost shares before or after the event. Alphabet makes a solid buy before or after its Oct 28 earnings report. Originally reported by The Motley Fool.
Alphabet's revenue
Alphabet's revenue from google search makes up 68% of its $119 billion total revenue.
Google Cloud growth
Google cloud services revenue grew 82% to over $24 billion from enterprise ai solutions.
Gemini app success
Gemini app surpassed one billion monthly users in august, becoming Alphabet's fastest-growing product.
Earnings catalyst
Alphabet reports third-quarter earnings on october 28 with expected revenue of $127 billion.
AI investment
Alphabet increased capital expenditure guidance to $205 billion to meet growing ai demand.
Investor advice
As long-term investors, buying alphabet before or after earnings doesn't affect returns significantly.
What to remember
Alphabet makes a solid buy before or after its Oct 28 earnings report.
