Alphabet Stock Plummets Amid Tariffs
This is a Alphabet news story, published by Yahoo Finance, that relates primarily to Google Cloud news.
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Technology
Waymo Is Taking Off Fast in Austin, Texas. Here's Why That's Great News for Alphabet -- and Even Better News for Uber.
76% Informative
Alphabet (NASDAQ: GOOG) has fallen off in recent months because of tariff-related economic uncertainty.
Today , it's actually the cheapest of the Magnificent Seven stocks by far, with a P/E ratio below 20 .
The overriding concern with Alphabet is that generative AI could eat into its main cash cow, Google Search .
What's exciting for Alphabet shareholders is that the company may also be on the verge of another huge business: Waymo.
The take-up of Waymo in Austin is more good news for Alphabet .
Waymo may be on the verge of adding a fourth major leg to its business, along with Search , YouTube , and Google Cloud .
Uber's stock is cheaper than Uber's at the moment on a valuation basis, this investor thinks it's the clear pick of these two heavyweights today .
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