TL;DR — Alphabet pays much of its workforce in restricted stock units that settle in non-voting Class C shares. In 2024 it spent $62.0 billion buying back 379 million shares, yet the share count fell only 249 million. Roughly a third of the buyback offset employee...
TL;DR — Pixel is a small player in smartphones, and Alphabet does not disclose its revenue or profit. Its value is strategic: it is the one mobile channel where Google sets every default, at a time when Alphabet pays partners like Apple billions for default placement...
TL;DR — Generative AI gives Google Search something it never had: a real marginal cost per answer. Alphabet’s defense is custom TPUs and aggressive model efficiency. The operating margin held at 32% for 2025 and hit 34% in Q2 2026, but the bill moved to depreciation...