Alphabet Inc. (GOOGL) Stock Forecasts
Alphabet: The Tech Giant Behind Google
Alphabet, formerly known as Google, is a tech powerhouse that boasts the largest online index of websites accessible through automated search technology. Founded in 1998 by Sergey Brin and Larry Page, the company went public in 2004 and has since become a dominant force in the digital world. Google is now just one of the many operating segments under the Alphabet umbrella.
One of Alphabet’s main revenue streams comes from online advertising, with its AdWords program allowing businesses to display ads alongside specific search results. The company also operates AdSense, which enables websites in its network to serve targeted ads based on search terms or web content. Revenue generated through AdSense is shared with network partners, making it a lucrative opportunity for many websites.
In addition to its advertising services, Alphabet owns YouTube.com, the popular web-based video site. The company has also expanded into mobile telephony with its Android smartphone operating system and offers public cloud services. With 52% of its revenue generated outside the U.S., Alphabet has a global reach that continues to grow.
On April 3, 2014, Alphabet introduced a new class of nonvoting shares, known as class C shares, which began trading on the market. This move signaled the company’s ongoing evolution and commitment to innovation in the tech industry.
