The search giant currently trades at a price-to-earnings ratio ( P/E) of just 18.5, which is close to a 30% discount from the S&P 500 's P/E of 25.9. That discount comes as Alphabet's growth remains solid. In its first-quarter earnings report, revenue rose 12% to $90.2 billion, with operating income jumping 20% to $30.6 billion.

Looking at Google Services in more detail, it was especially Google subscriptions, platforms, and devices, which increased with 18.8% year-over-year to $10,379 million. YouTube ads also increased 10.3% year-over-year to $8,927 million in Q1/25.

Alphabet stock was sliding Tuesday afternoon as the Google I/O keynote announcements initially seemed to underwhelm investors. Alphabet shares dropped as the company shared AI news, with several of the AI updates announced scheduled to come in the weeks and months ahead.

Alphabet's stock rarely gets this cheap, and right now could be a once-in-a-decade opportunity to scoop up shares at a historically low valuation.

An East Bay Democrat in the state Legislature announced the details Wednesday of a hard-fought partnership between California and Google to kick financial assistance toward the state’s news media, an industry that shrunk dramatically in the digital age.

Investors seem unimpressed by Google’s announcements during I/O 2025. Alphabet’s stock was down 1.2% during the keynote. However, other tech stocks, including Meta and Nvidia, were also down on Tuesday morning.

Alphabet Inc.’s Google has entered the glasses race by partnering with Xreal Inc. on the first spectacles to run an augmented-reality version of its operating system.

An exchange-traded fund that focuses on Big Tech stocks was advancing Wednesday, propelled by a big gain in shares of Google parent Alphabet Inc. The Roundhill Magnificent Seven ETF, which holds Alphabet,

Google co-founder Sergey Brin, tapping a personal fortune that exceeds US$140bil (RM596.05bil), gave nearly US$700mil (RM2.98bil) in Alphabet Inc shares away as a gift.

Shares of Google parent Alphabet surged Wednesday amid growing optimism about the tech giant's AI search capabilities in the wake of Google’s I/O conference keynote and rollout of its “AI mode” offering in the U.