Waymo Is Taking Off Fast in Austin, Texas. Here's Why That's Great News for Alphabet -- and Even Better News for Uber.

The stock of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) 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. However, Search has still shown double-digit growth over the past year, even with the adoption of generative AI chatbots, and any decline in Search revenue is likely to be slow.Meanwhile, Alphabet has several other high-growth businesses under its corporate umbrella, including YouTube, the leading streaming service in the world, and Google Cloud, which saw accelerating growth last year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool