CHOLTICHA KRANJUMNONG/iStock via Getty Images Alphabet ( GOOGL ) has returned almost 10x the S&P 500 ( VOO ) since we last recommended investing . We recommended caution even at that point, given the company's run-up. Despite that, as we'll see in this article, Alphabet's incredibly strong core business, along with incredibly exciting AI businesses, positions it well to drive strong shareholder re...
CHOLTICHA KRANJUMNONG/iStock via Getty Images Alphabet ( GOOGL ) has returned almost 10x the S&P 500 ( VOO ) since we last recommended investing . We recommended caution even at that point, given the company's run-up. Despite that, as we'll see in this article, Alphabet's incredibly strong core business, along with incredibly exciting AI businesses, positions it well to drive strong shareholder returns. Alphabet's Portfolio Alphabet has an incredibly strong portfolio that continues to dominate in every facet. Alphabet Investor Presentation The company's core search portfolio dominates global search usage but still saw 17% YoY revenue growth. YouTube, another long-term dominant web property, has crossed $60+ billion in annual revenue, making it a powerhouse by itself. Google One, etc., has crossed 325+ million paid consumer subscriptions, evidence of the company's global strength. At the same time, Alphabet is positioning itself well for a changing world. Google Cloud saw 48% YoY revenue growth to hit a $70+ billion annualized revenue growth rate. That makes the property larger than YouTube in a short time. Gemini has crossed 750+ million active monthly users and 10+ billion tokens per minute. Gemini has become the model of choice for Apple, the largest consumer device company in the world. This shows the incredible strength of Alphabet's portfolio. Alphabet Financial Results Financially, Alphabet remains an incredible powerhouse, with 18% YoY revenue growth for the quarter despite its enormous size. Alphabet Investor Presentation Alphabet crossed $400 billion in FY'25 revenue, 15% YoY growth. The company accelerated going into the end of the year, with $113 billion in revenue in the last quarter. Cost of revenue growth of 13% was less than 18% in expanding margins, although R&D expenditures went up dramatically, resulting in 19% in total cost growth. At the end of the day, Alphabet saw more than $132 billion in net income for FY'25, 32% net income growth off of 15% ...
STMicroelectronics (STM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
STMicroelectronics (STM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
BHP Group and Mitsubishi Development Pty Ltd. have launched a review process to rank the financial health of their coal mines and assets in Queensland after raising concerns about the Australian state’s royalty regime. The 50:50 stakeholders in the BHP Mitsubishi Alliance are reviewing each underground and open-cut mine and ranking their costs and financial health against each other, according to ...
BHP Group and Mitsubishi Development Pty Ltd. have launched a review process to rank the financial health of their coal mines and assets in Queensland after raising concerns about the Australian state’s royalty regime. The 50:50 stakeholders in the BHP Mitsubishi Alliance are reviewing each underground and open-cut mine and ranking their costs and financial health against each other, according to people within the joint venture who asked not to be named because the process is not public. The Queensland mines returned no profit to BHP in the six months to Dec. 31, according to the company’s half-year report. The company’s share of the JV’s coal production in the period was 9.2 million tons. A spokesperson for BHP referred Bloomberg to previous statements made by management and could not comment on the current process. Mining companies regularly review their assets, however BHP last month warned staff in an internal email seen by Bloomberg that the Queensland mines were unprofitable. While it’s unclear what the review means for the mines, BHP Chairman Ross McEwen declared there would be “zero” new capital investment across the coal business in the state at a conference in Sydney last month. BHP has long claimed that Queensland’s royalty regime has crippled its coal business, which includes some of the biggest and highest-quality metallurgical coal mines in the world. The miner moved to close its Saraji South mine and slashed about 750 jobs last September, citing high royalties and weak market conditions that have made low-margin operations unsustainable. The then-Labor state government hiked royalties in 2022 to a tiered system based on revenue, not profit. The state takes 30% of revenue on each ton of coal sold when prices are above A$225 ($161) a ton and up to 40% when prices exceed A$300. Seaborne metallurgical coal produced in Queensland was trading at over $230 a ton on Friday. The change was aimed at capturing more revenue for the government but has been critici...
Fermi ( FRMI ) on Monday said lead independent Board Director Marius Haas has stepped into the role of chairman effective immediately, according to a statement. Fermi co-founder Toby Neugebauer has departed from his role as CEO, but he remains a member of the Board. The company is in negotiations with a candidate to serve as interim CFO after Miles Everson has resigned as CFO. To ensure continuity...
Fermi ( FRMI ) on Monday said lead independent Board Director Marius Haas has stepped into the role of chairman effective immediately, according to a statement. Fermi co-founder Toby Neugebauer has departed from his role as CEO, but he remains a member of the Board. The company is in negotiations with a candidate to serve as interim CFO after Miles Everson has resigned as CFO. To ensure continuity and operational momentum during the CEO transition, Fermi's Board has established a new office of the CEO that will act as the company's interim operational leadership team. This office will be composed of Jacobo Ortiz Blanes, previously COO, and Anna Bofa, previously a Board advisor, each of whom has been appointed as a co-president of the company and share in the responsibilities previously held by Toby Neugebauer. In this capacity, Ortiz Blanes and Bofa will report to Board Chair Haas and collectively oversee day-to-day operations and execution of Fermi 2.0, while a search for a new CEO is underway. More on Fermi Inc. Fermi: Lack Of Tenant Progress Is Deeply Concerning Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript Fermi: Pre-Revenue REIT Needs More Capital Quant ratings uncover top & bottom mid-cap REIT stocks ahead of Q1 earnings Fermi stock plunges after reporting 2025 loss, no progress in securing tenant