BRK.B Commentator
BRK.B Gain Hunter$Alphabet - C(GOOG.US) Google's AI company persona is now more established, and it's no longer just the old advertising and search company anymore. 👍
'AI' GOOGL: No Scary Stories, Just a Windfall
$Alphabet(GOOGL.US) Q1 blew past expectations again. With 40% of incremental revenue already driven by AI‑related cloud, it may be time to shed the ad label and call it an AI company.
Key takeaways: 1) Cloud was explosive, underpinning the valuation. Revenue reached 20 bn (+63% YoY), a small upside even vs a more bullish +60% buy‑side view and well ahead of peers.Crucially, backlog (RPO) stands at 462 bn, nearly doubling from 240 bn at end‑2023. The bulk is cloud contracts...
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