By Vuk Zdinjak
Publication Date: 2026-04-24 18:33:00
Alphabet (GOOGL) has grown over time from a search engine into a hyperscaler. The company classifies its two revenue streams as Google Cloud and Google Services.
The stock has gained about 8% year to date as of Friday morning, April 24, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up close to 4% in the same period.
The company reported its Q4 fiscal year 2025 earnings report on February 4. The reactions were mixed after the company announced a huge capital-expenditure guidance, just like other hyperscalers.
The company will report its Q1 fiscal year 2026 earnings on Wednesday, April 29. Google has made a few significant moves recently to improve its AI and quantum computing strategy.
On March 11, Google completed its acquisition of Wiz, a cloud and AI security platform headquartered in New York. The company said Wiz will join Google Cloud and maintain its brand and commitment to securing customers across all cloud environments.
On March…
