[Platinum] 3 stocks to watch for AI revolution #2

3 Stocks for the AI Revolution to Keep an Eye on!   

#2 Alphabet Inc (Ticker: GOOG) 

Alphabet’s three main businesses are 

 – Google Services (advertising, Google Maps, Chrome, YouTube, search, Google Play, etc.)

 – Google Cloud (infrastructure, data analytics, collaboration tools and other services for enterprise clients)  

– Other Bets (internet and TV services, licensing, research and development services)  

Google Analytics is controlling the world. Our news media promotes stories trending on Google Analytics, and all smart advertisers utilize Google Analytics to determine consumers’ interests. Kids even turn to Google rather than their parents, asking Google questions more than 20 times per day! Any addiction is hard to break, but the Google addiction is now permanently wired into most people’s brains — and that has certainly boosted its top and bottom lines. 

NUMBERS 

Q4 2021

– Increased 35.5% year-over-year to $20.64 billion, or $30.69 per share, up from $15.23 billion, or $22.30 per share, in the same quarter a year ago 

– Revenue rose 32% year-over-year to $75.33 billion (Analysts were expecting fourth-quarter earnings of $27.48 per share on $72.13 billion in revenue)  

Fiscal year 2021

– achieved total revenue of $257.64 billion and earnings of $76.03 billion, or $112.20 per share, which represented 41% annual revenue growth and 91.4% annual earnings growth – That also topped expectations for earnings of $108.76 per share on $254.38 billion in revenue.  

Company management noted that the strong results were driven by growth in its advertising business, online activity and revenue from the Google Cloud