Alphabet's stock gains over 12% following the release of its quarterly results ðŸ–Ĩïļ

19:26 26 āđ€āļĄāļĐāļēāļĒāļ™ 2024

The results of Alphabet have turned out better than market expectations, and the company's prospects in terms of AI and cloud segment growth, as well as the advertising segment future, are positively perceived by investors. Another warmly received factor by the market is the return to growing revenue dynamics from the cloud segment. Alphabet has also announced its first-ever dividend and a $70 billion share buyback program.

Results well above expectations

āđ€āļĢāļīāđˆāļĄāđ€āļ—āļĢāļ”āļ—āļąāļ™āļ—āļĩāļ§āļąāļ™āļ™āļĩāđ‰ āļŦāļĢāļ·āļ­ āļĨāļ­āļ‡āđƒāļŠāđ‰āļšāļąāļāļŠāļĩāļ—āļ”āļĨāļ­āļ‡āđāļšāļšāđ„āļĢāđ‰āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡

āđ€āļ›āļīāļ”āļšāļąāļāļŠāļĩ āļĨāļ­āļ‡āļšāļąāļāļŠāļĩāđ€āļ”āđ‚āļĄāđˆ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­

In 1Q24, the company achieved revenues of $80.54 billion (+15.41% y/y), surpassing consensus by 1.9%. Among the segments, the most positively received information is the maintenance of revenue growth dynamics from Google Cloud. Although Alphabet still cannot boast figures as high as Microsoft (Azure segment increased by 31% YoY in 1Q24), despite having a smaller market share than its competitor, the difference in dynamics is not as huge as in previous quarters.

Alphabet 1Q24 results. Source: XTB Research, Company's financial statement

A very good signal is also the strong dynamics in the advertising segment, which continuously remains the main driver of the company's revenue growth. Revenues in this segment increased to $61.66 billion and accounted for 87% of the company's total sales. The most dynamic segment was YouTube advertising, which increased by 20.87% y/y (compared to the predicted growth of 15.46%).

Revenues by segments. Source: XTB Research, Bloomberg 

The company is also improving profitability. The operating results of each segment (except for Other Bets) grew faster than revenues. The most significant increase in operating income was in the Google Cloud segment (+371.2%). This sets a positive tone for the potential of the company's segment to achieve a positive operating result for the entire year 2024.

Operating income segment results. Source: XTB Research, Bloomberg 

Compared to the competition, the cloud segment used to be Alphabet's weakness. At the end of 2023, the company was responsible for a 7% market share, placing it far behind Microsoft (20%) and Amazon (+31%). Furthermore, despite its smaller size, this segment is growing slower than Microsoft's Azure. However, the results for 1Q24 make the prospect of accelerating growth dynamics in this segment increasingly more probable. Alphabet has the opportunity to benefit, among other sectors, in retail sales, where large companies may prefer to use its services instead of Amazon, which remains their competitor.

Dividend and buy-back

The decision to issue the first dividend in history also sends a strong signal to investors. Alphabet currently has a strong balance sheet and sees no reason not to use its strong cash reserves (cash, cash equivalents, and short-term investments / liabilities = 0.94) to share them with investors. The company announced that it will start shares buy-back program worth 70 bln $, and the planned dividend is $0.2 per share. The company plans to continue paying quarterly dividends in the future.

In pre-session trading, Google's results were very positively received by investors, with the price jumping by 12% to around $174.5. Such an opening not only means a complete offset of losses from the previous day but also sets a new ATH level.

Source: xStation

āļŦāļļāđ‰āļ™:
āļāļĨāļąāļšāđ„āļ›

āļ‚āđˆāļēāļ§āđƒāļ™āļ•āļĨāļēāļ”āļāļēāļĢāđ€āļ‡āļīāļ™

30.07.2025
17:09

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™:āļˆāļĩāļ”āļĩāļžāļĩāļĒāļđāđ‚āļĢāđ‚āļ‹āļ™āđ„āļ•āļĢāļĄāļēāļŠ 2: āļ­āļ­āļāļĄāļēāļ—āļĩāđˆ 0.1% QoQ āļŠāļđāļ‡āļāļ§āđˆāļēāļ„āļēāļ”āļ—āļĩāđˆ 0.0% ðŸŸĒ

10:00 AM BST, āļĒāļđāđ‚āļĢāđ‚āļ‹āļ™ – āļ‚āđ‰āļ­āļĄāļđāļĨ GDP: GDP āđ„āļ•āļĢāļĄāļēāļŠ 2 (QoQ): āļ­āļ­āļāļĄāļēāļ—āļĩāđˆ 0.1% āļŠāļđāļ‡āļāļ§āđˆāļēāļ„āļēāļ”āļ—āļĩāđˆ 0.0%; āļāđˆāļ­āļ™āļŦāļ™āđ‰āļēāļ­āļĒāļđāđˆāļ—āļĩāđˆ 0.6% GDP āđ„āļ•āļĢāļĄāļēāļŠ 2 (YoY):...

14:11

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™: āļ­āļąāļ•āļĢāļēāđ€āļ‡āļīāļ™āđ€āļŸāđ‰āļ­āļ‚āļ­āļ‡āļŠāđ€āļ›āļ™āđƒāļ™āđ€āļ”āļ·āļ­āļ™āļāļĢāļāļŽāļēāļ„āļĄāļŠāļđāļ‡āļāļ§āđˆāļēāļ„āļēāļ”āđ€āļĨāđ‡āļāļ™āđ‰āļ­āļĒ ðŸ“Œ

08:00 AM BST, āļŠāđ€āļ›āļ™ - āļ‚āđ‰āļ­āļĄāļđāļĨāđ€āļ‡āļīāļ™āđ€āļŸāđ‰āļ­āđ€āļ”āļ·āļ­āļ™āļāļĢāļāļŽāļēāļ„āļĄ CPI āļ‚āļ­āļ‡āļŠāđ€āļ›āļ™ (YoY): āļ­āļ­āļāļĄāļēāļ—āļĩāđˆ 2.7% āļŠāļđāļ‡āļāļ§āđˆāļēāļ„āļēāļ”āļāļēāļĢāļ“āđŒāļ—āļĩāđˆ 2.6% āđāļĨāļ°āļŠāļđāļ‡āļāļ§āđˆāļēāļ„āļĢāļąāđ‰āļ‡āļāđˆāļ­āļ™āļ—āļĩāđˆ 2.3% HICP...

14:06

āļ•āļĨāļēāļ”āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰ - Ethereum

āđ€āļĄāļ·āđˆāļ­āļ§āļēāļ™āļ™āļĩāđ‰ āļ„āļ“āļ°āļāļĢāļĢāļĄāļāļēāļĢāļāļģāļāļąāļšāļŦāļĨāļąāļāļ—āļĢāļąāļžāļĒāđŒāđāļĨāļ°āļ•āļĨāļēāļ”āļŦāļĨāļąāļāļ—āļĢāļąāļžāļĒāđŒāļŠāļŦāļĢāļąāļāļŊ (SEC) āđ„āļ”āđ‰āļ­āļ™āļļāļĄāļąāļ•āļīāđƒāļŦāđ‰āļāļ­āļ‡āļ—āļļāļ™ Bitcoin āđāļĨāļ° Ethereum ETF āļŠāļēāļĄāļēāļĢāļ–āļŠāļĢāđ‰āļēāļ‡āđāļĨāļ°āđ„āļ–āđˆāļ–āļ­āļ™āļŦāļ™āđˆāļ§āļĒāļĨāļ‡āļ—āļļāļ™āđƒāļ™āļĢāļđāļ›āđāļšāļš...

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 600 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ