GOOG News

mikeiow

Musk now talking about putting data centres in space! That would be a game changer.

He is obsessed with space.
TBH, more DCs in Iceland would be good enough: low energy cost, simple cooling. Much easier to get the h/w built

Adam Kay

It's mostly science fiction due to the costs today but it's good to push the boundaries of what is possible-after all, it's how we get there, you have to start somewhere. The next big thing will likely be deployment of humanoid robots at scale within the next 24 months and in terms of usable AI 'autonomous execution' where you set a task and it completes it without additional prompts.

Coopersale

Sorry meant to post this with my comment above.
https://x.com/elonmusk/status/2000603814249079165?s=61&t=iHaQYNHaXHYa5fzY9gX_Vw

2BToo

@Coopersale said in GOOG News:

Sorry meant to post this with my comment above.
https://x.com/elonmusk/status/2000603814249079165?s=61&t=iHaQYNHaXHYa5fzY9gX_Vw

I can see the logic in that. It'll also end the moaning from the MMGW types as it won't release any gases on earth.

Adam Kay

You have to hand it to Musk-he's a master marketer- it won't be long and he'll set up a real estate agency selling plots for sale on Mars-

2BToo

There's a reason why he's worth half a trillion quid, and that could be it.

Ronski

Just don't put any trust in his timelines, that 4 to 5 years is probably way off going by his usual standards.

Adam Kay

Interesting analyst comments on Google. You will recall we have been big supporters of the company despite it being unloved for over 2 years prior to Q2 of 2025-the market got it completely wrong by assuming that GOOG was just a search engine at risk of being crushed by anti trust laws(and OpenAI). The reality is, they will likely 'win' the AI race-their decades of investment in moon shots and employing the brightest minds is paying off in spades. They are the most profitable company in the world for now and their valuation is unstretched imo.

Alphabet (GOOG) has become the world’s second most valuable company, overtaking Apple (AAPL) for the first time since 2019, as Google’s parent company strengthens its position at the sharp end of the artificial intelligence race.

Alphabet shares climbed more than 2% on Wednesday, pushing its market capitalisation to USD 3.89 trillion. Apple’s valuation slipped to USD 3.86 trillion after its shares fell 0.8% on the day.
Wall Street analysts say Alphabet’s Gemini model is rapidly narrowing the gap with OpenAI’s ChatGPT, which remains the leading AI platform.
“Looking ahead to 2026, we expect AI to deliver further gains across the consumer business, with Gemini app downloads surpassing ChatGPT and AI Mode and Overviews driving longer user engagement,” Jefferies said.

Alphabet stock has surged 64% over the past 12 months. “Supported by robust core businesses, improving cloud momentum and a stronger AI product cycle, we believe GOOGL is well placed to extend its performance,” Jefferies added.

Adam Kay

Alphabet shares have surged as investor confidence snaps back, driven by clear evidence that Google’s AI strategy is not only defensible, but increasingly lucrative. After months of concern that generative AI would undermine search economics, recent performance suggests the opposite is unfolding.

According to market commentators including Deepwater Asset Management, Google’s core search business has exceeded expectations as AI-driven results prompt users to ask more follow-up questions rather than fewer. That behaviour matters. More queries translate into more advertising opportunities, and Google has moved quickly to place ads both below and within AI-generated responses. Independent testing cited by Deepwater indicates monetisation has improved materially over the past three months, strengthening the outlook for 2026 and beyond.

The company is also pushing aggressively into what it calls agentic commerce. New features allow users to complete checkout directly inside AI Mode, supported by fresh ad formats such as Direct Offers. A partnership with Walmart signals that Google is serious about capturing transaction-level value, not just referral traffic, a shift that could meaningfully lift revenue per user over time.

On the competitive front, Google’s Gemini models have gained traction at speed. Some analysts argue Gemini 3 now rivals, and in certain tasks surpasses, OpenAI’s GPT, a view that has reshaped perceptions of the AI landscape. Momentum was further boosted by reports that Apple has selected Gemini to power upcoming Siri upgrades, displacing rival models.

Alphabet shares are now up roughly 80% over six months, placing the stock among the top performers in the Nasdaq 100. The rally reflects a simple recalibration: Google is no longer seen as an AI casualty, but as a credible AI winner that knows how to monetise at scale.

GOOG are expected to report their Q4 and biggest ever earnings on 4 Feb, exceeding $111B revenue (Q) and over $400B annually. A formidable operator with very deep expertise and competence across all things 'tech'. It's quite incredible to think, a company of this scale still growing at high double digit rates.

Adam Kay

Alphabet report their Q4 earnings tonight after the close. I expect a very strong showing. Close to $115B revenue and around $2.70 eps. All eyes on GCP (Google cloud platform) and YouTube , ad dollars etc. It will be interesting to see if they MTM their Space X holding. I also expect Sundar to talk about how constrained they are and give updates on their TPU/custom Asics solutions plus RPO backlog.

Space X ran a funding round which closed mid Dec, valuing the company at $800B. GOOG last revalued their holding in July at a $420B valuation. We don't know how much they will recognised but it's between $1 and $2 EPS. If you see a headline of $3.50+ you know they revalued their holding.

GOOG purchased 7% of space X for $1B and if the IPO numbers are true, today that holding is worth $105B although they won't recognise that yet(IPO hasnt happened). Nice investment all the same.

Waymo is now worth $120B but as it's a wholly owned subsidiary, there is no MTM as it's operations are simply consolidated the same way every other operation is.

exIM

I knew they got in early, but thats a staggering valuation to have in your pocket !

Slow Horses

@Adam-Kay said in GOOG News:

Waymo is now worth $120B but as it's a wholly owned subsidiary, there is no MTM as it's operations are simply consolidated the same way every other operation is.

MTM?

Adam Kay

Mark to Market (revalue)

Adam Kay

GOOG surpass my earnings 2.83. They didn’t revalue space x. 35 billion net income . Will spend 180b on capex. That’s big. But what we all need to understand, they sold the capacity. Just like msft. It’s an iron clad contractual ‘binding UN resolution’ tropic thunder’ type deal. Good news to reverse the red. Cloud up 48%. More tomorrow but a great result.