Google Stock Hit by Russian Malware News: Support Zone Holds Key
📉 Google's stock fell after news of a Russian malware detection, named 'Lost Case,' capable of stealing files and sending information to attackers' systems.
🛡️ Despite the significant drop, the stock price found footing in a crucial technical support zone, which is being closely watched for future direction.
⏳ While the long-term outlook for Google is considered positive, there is currently no clear technical entry pattern, suggesting a cautious approach for new investments until more signals emerge.
Google’s Solid Earnings Spark Rebound, Can It Hold?
✅ Alphabet (Google) presented a positive balance sheet, meeting market expectations.
📈 The stock showed strength on the weekly chart, rebounding effectively from the key $150 support level after earnings.
⏳ While a technical pattern appears nearly complete on the daily chart, the overall assessment suggests the stock can be maintained for now.
Google’s Money Machine: How Does the Tech Giant Actually Profit?
💰 Google's primary revenue stream remains digital advertising, driven significantly by its dominant search engine and the rapidly growing YouTube platform.
📈 Despite its massive scale, Google continues to exhibit double-digit revenue growth (12% YoY in the last quarter), fueled by search (10%), YouTube ads (10%), and especially Google Cloud (28%).
☁️ Google Cloud is a key growth engine, rapidly gaining market share in the competitive cloud computing space against giants like Amazon and Microsoft, contributing significantly to overall revenue.
Google’s Chrome Faces Antitrust Scrutiny
🏛️ Google is facing an antitrust case from the Department of Justice concerning its Chrome browser and its market dominance.
얽 Google argues that Chrome's features, like Safe Browsing, are deeply integrated with Google's shared infrastructure and cannot be easily separated or replicated by another company.
⚠️ A potential forced divestiture of Chrome could significantly diminish its functionality and value, potentially leading to its decline, according to the testimony and analysis presented.
Google Defies Slowdown Fears With Strong Growth
📈 Despite economic headwinds, Google reported strong Q1 results, with constant currency revenue growth of 14% and expanding operating margins from 32% to 34%.
☁️ Google Cloud was a standout performer, growing 28% and significantly increasing profitability, indicating market share gains against competitors like AWS.
💰 Trading at approximately 15-16 times forward earnings (ex-cash), the valuation appears attractive compared to historical levels and growth prospects, reminiscent of its 2015-2016 valuation before significant appreciation.
Google Shines With Strong Earnings and Technical Recovery
✅ Google is showing positive technical signs, reclaiming its key moving average this week on increased volume.
📊 The company recently reported strong earnings results, contributing positively during a crucial earnings season and alleviating some market uncertainty.
📈 While individual performance is strong, confirmation of a broader market recovery through reclaiming moving averages across indices is still needed.
