Time: 2024-10-28
Alphabet Inc. ( NASDAQ : GOOG, NASDAQ : GOOGL ) is expect to uncover its slow gross growth in the past four living_quarters. The company's core Google Search business has confront street_fighter competition, impact YouTube ad spending. Despite this, Alphabet's stock proverb a rebuff addition of over 1% before the start of trading on Monday.
The slowdown in Alphabet's core business is expect to outshine the addition drive by artificial intelligence at its cloud-computer_science division in the one-third one-fourth. This one-fourth also Marks the first since Anat Ashkenazi take over as the finance head from Ruth Porat, add to the anticipation surround the net_income report.
Alphabet's strong position in the digital ad market is now being challenge by rival like Amazon and TikTok, which have derive popularity among advertiser quest entree to a large pool of potential buyer. Additionally, regulative concern loom over Alphabet, with discussion of potentially breakage up Google to address what some regulator position as an"illegal monopoly"in on-line search.
analyst predict a slow growth rate of 11.6% for Google Search and associate gross in the one-third one-fourth, compare to a 13.8% addition in the previous one-fourth. The emergence of new player in the market, such as Perplexity and ChatGPT, has raise question about Google's ability to adapt to evolve technology like Generative AI.
In a Holocene report by research firm eMarketer, it was forecast that Google's share of U.S. search ad gross could drop below 50% following year for the first time in nearly two decade. Meanwhile, Amazon is expect to addition its share of search ad gross to 24%, with rival like Perplexity AI also devising pace in capture ad dollar from Google.
Despite these challenge, Alphabet remains concentrate on enhance its tool and offer. The company has get_down integrate ad in AI-generate summary expose at the top of search consequence. This strategic move is believe to aid Alphabet stay competitive in the rapidly evolve digital landscape.
look ahead, analyst estimate that Alphabet's gross for the one-third one-fourth will show a 12.6% addition to range 6.31 billion. This growth rate is slightly lower_berth than the 13.6% record in the second one-fourth, reflect the current market dynamics and competitive pressure confront by Alphabet in the digital ad space.