Key Points
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Alphabet is a vertically integrated AI company, incorporating its own hardware, research, and cloud services.
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As of September 22, 2023, Alphabet has a market cap of $1.5 trillion and the lowest P/E ratio among the “Magnificent Seven” stocks.
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Google Cloud exhibited year-over-year revenue growth of 82% in Q2 2026, compared to 37% for AWS and 43% for Azure.
The “Magnificent Seven” stocks include Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla, which collectively drive much of the market’s growth. Alphabet, while popular, is noted for its lower valuation relative to its peers.
Google Cloud continues to grow rapidly, with a backlog of $515 billion expected to significantly contribute to revenue over the next two years. This positions Alphabet favorably in the rapidly expanding AI and cloud markets.
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