The stock market recently went down a bit, like a rollercoaster! This dip gives people a chance to buy some great companies at lower prices. One of these companies is Alphabet, the parent company of Google and YouTube.
- Alphabet's stock price dropped, making it cheaper to buy.
- Alphabet is a big player in online ads and now it's using Artificial Intelligence (AI) to make its search better.
- Alphabet also has a growing cloud computing business (like a digital storage space for companies).
| Fact | Number |
|---|---|
| Alphabet's stock price drop | about 20% |
| Alphabet's forward P/E ratio | 18.5 |
| Google Cloud revenue growth (last quarter) | 30% |
Some people think Alphabet is a good company to invest in for the long term because of its many businesses and its use of AI. Remember: this isn't financial advice!
