1. Alphabet's dominance in the ad segment is threatened by AI chatbots like ChatGPT; 2. Current customer sentiment indicates a rise in the use of AI-based search engines; 3. Despite considering the worst-case scenario for Alphabet, the current sell-off is exaggerated and unjustified.

1. Alphabet's diverse assets, including Google Search and Cloud, YouTube, Waymo, and Willow, position it as a unique growth-oriented Big Tech giant. 2. Waymo's autonomous driving technology is showing significant safety improvements over human drivers, with a potential valuation approaching $1 trillion over the next 5-7 years. 3. The revolutionary Willow quantum chip could make Alphabet one of the most important high-end semiconductor patent owners on the planet. 4. Shares may be a bargain pick in the Big Tech sector on Wall Street, based on fundamental financial ratio analysis.

1. Alphabet reported a record Q4 with revenue reaching $96.47 billion, driven by strong growth in Google Search, YouTube, and Google Cloud. 2. Despite Google Cloud missing consensus estimates, the 30.1% growth indicates supply constraints rather than weak demand, signaling a positive long-term outlook. 3. Margins improved significantly, with operating margin expanding by 4.7% to 32.1% due to Cloud's increasing profitability and portion of total revenue. 4. The projection for Google Cloud revenue growth is a CAGR of approximately 29.7% through FY28, with improving operational efficiency expected to boost margins and EPS. 5. The price target has been upgraded to reflect the thesis that improving AI integrations, expanding market opportunities, and unmet Google Cloud demand will be key drivers of earnings growth.

1. Alphabet Inc., also known as Google, reported a strong Q3 double beat with compelling business growth and margin expansion; 2. Alphabet's mid-teens revenue growth rate is highly attractive, especially compared to peers like Apple; 3. Google Cloud's revenue grew by 35%, significantly boosting Alphabet's overall operating profits and margins.

➀ Alphabet and outside investors have invested another $5.6 billion into Waymo, bringing its total funding to $10.85 billion. Waymo operates Robotaxi services in San Francisco, Phoenix, and LA. ➁ Waymo's self-driving car crash rate is the lowest among competitors, while Tesla and GM Cruise face scrutiny. ➂ Autonomous vehicle crashes in California have been increasing, with a rate of 96.65 crashes per 1,000 vehicles in 2022.