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Evolution Wealth Advisors boosted Alphabet holdings as the company reported strong earnings and a $2.35 trillion market cap.
Evolution Wealth Advisors increased its holdings in Alphabet Inc. by 6.1%, adding 3,568 shares to its portfolio.
Alphabet reported strong earnings per share of $2.31, exceeding analyst estimates by $0.19.
Despite concerns over AI competition, Alphabet's revenue increased by 14% to $96.4 billion.
The company's market cap stands at $2.35 trillion, with a P/E ratio of 20.80.
Giverny Capital highlighted Alphabet's promising Gemini AI model while noting the potential impact of AI models like ChatGPT on its core search engine.
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Evolution Wealth Advisors aumentó las participaciones de Alphabet cuando la compañía reportó fuertes ganancias y una capitalización de mercado de $2.35 billones.