Alphabet is showing absolutely no signs of slowing down as it reported yet another all-around beat with a phenomenal performance of Google Services. With digital advertising expenditure rising, the company generated $57 billion from Google Service, a staggering 63.1% growth. YouTube’s performance was the highlight of the quarter as its ad revenues rose 83.7% and also, YouTube shorts surpassed 15 billion daily views. The company has a number of factors driving future growth. Its Cloud platform is ....
06 Aug 2021
Alphabet Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Alphabet Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
06 Aug 2021 -
Author:
Ishan Majumdar -
Pages:
14
Alphabet is showing absolutely no signs of slowing down as it reported yet another all-around beat with a phenomenal performance of Google Services. With digital advertising expenditure rising, the company generated $57 billion from Google Service, a staggering 63.1% growth. YouTube’s performance was the highlight of the quarter as its ad revenues rose 83.7% and also, YouTube shorts surpassed 15 billion daily views. The company has a number of factors driving future growth. Its Cloud platform is ....