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Alphabet: AI Profit Machine | Business and Finance News

Alphabet: AI Profit Machine | Business and Finance News

Published 10 hours ago
Description

Alphabet is the AI powerhouse you want to hold for the long term—profitable, growing fast, and undervalued. With $130 billion in operating income last year and a 30% jump this year, Google Search and YouTube keep cash flowing, while Google Cloud rockets ahead with 63% growth. Gemini’s paid users surged 40%, and Waymo’s self-driving rides hit 500K weekly. All while trading at a P/E below the S&P 500 and down 20% from its peak—perfect for a decade-long AI bet.

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This is an automated, high-level news summary based on public reporting.
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