TL;DR — Past the daily headline noise, Alphabet’s AI advantage comes down to unit economics. Custom TPUs push its inference cost curve below what GPU buyers can match, long-term power deals secure the input that limits everyone, and Genie and glasses are options...
TL;DR — Ahead of Alphabet’s February 4 earnings, three operating facts define the AI build-out: power contracts now gate data center capacity, Project Genie moves generative AI into production work, and AI glasses target the screen after the phone. This piece...
TL;DR — Generative AI was supposed to break Google Search. Through January 2026 the numbers said otherwise: Search revenue kept growing double digits while Gemini moved into AI Mode. The real contest is cost, and Alphabet’s distribution, custom TPUs and a...
TL;DR — The gap between Alphabet’s voting GOOGL and non-voting GOOG shares narrowed to about 0.1% by late January 2026, near parity. Capital allocation drove it: Alphabet’s buyback, which leaned heavily on Class C, was shrinking. At parity the vote cost nothing. Later...
TL;DR — Alphabet reported Q4 2025 on February 4, 2026. This preview asked whether revenue would hold above $100 billion and whether Google Cloud’s margin could approach 30%. Both happened: revenue reached $113.8 billion and Cloud earned a 30.1% margin, but 2026 capex...
