SocialNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Q2 Earnings Preview: A Focus on Profit Margins and AI Integration
As Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) approaches its second-quarter earnings release on July 23, the focus intensifies on its profit margins amid expectations of decelerating revenue growth. Alphabet, a global leader in digital advertising and cloud computing, has witnessed a 47% surge in its stock over the past year, fueled by the growing interest in generative artificial intelligence (AI) and its dominance in the advertising sector. Despite these gains, Alphabet's shares are trading at a forward price-to-earnings (P/E) multiple of 23.6x, slightly below their five-year average, suggesting a potential undervaluation considering the promising growth avenues in advertising and AI…