"Investing in the stock market is an excellent way to build lasting wealth over the long term. By leveraging the power of compounding returns, you can grow your nest egg into a significant amount of money for retirement or other financial goals in mind. There are many approaches to investing, but one popular option is investing in growth stocks. These stocks tend to be fast-growing companies that are disrupting industries, leveraging technology, or tapping into previously underserved markets."
"Advertising revenue continues to make up the lion's share of Alphabet's revenue. Last year, online advertising made up 75% of its total revenue. Some concerns emerged this year that Google could lose its strong position in search due to the rise in large language models (LLMs). To address this, Google integrated its own Gemini LLM model into its search engine through AI Overviews."
"Another positive for Google is its full-stack approach to artificial intelligence (AI). As mentioned, the company has its own Gemini LLM that it integrates into its suite of Google products. However, perhaps most importantly, it has its own custom-made application-specific integrated circuits, called Tensor Processing Units (TPUs), specifically designed for neural network machine learning. In November, Meta Platforms announced it would spend billions to buy these chips, the first time Alphabet has made them available"
Investing in the stock market can build lasting wealth over the long term through compounding returns to grow a nest egg for retirement or other financial goals. Growth stocks are fast-growing companies disrupting industries, leveraging technology, or serving underserved markets. Alphabet operates Google Search, digital advertising, YouTube, Android, Google Cloud, Waymo, and DeepMind. Online advertising made up about 75% of Alphabet's revenue last year. Google integrated its Gemini LLM into search via AI Overviews, driving higher query volumes and supporting over 2 billion users. Google Search and other advertising revenue rose 15% to $56.6 billion in the third quarter. Alphabet’s full-stack AI approach includes custom Tensor Processing Units (TPUs), which Meta Platforms committed to buy.
Read at The Motley Fool
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