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Our monthly Fire Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of growth-focused Fire recommendations, to help Fools build out their portfolios.
- Alphabet posted its first $100 billion quarter in revenue in the third quarter, with Google Cloud accelerating to 34% growth and AI features reinvigorating Search.
- Alphabet is aiming to convert its $155 billion cloud backlog into revenue while scaling its Gemini AI models across Search, Cloud, and enterprise products.
- Investors should pay attention to AI Mode monetization rates, Waymo’s expansion to 20+ cities, including London and Tokyo, and whether the company’s heavy infrastructure spending weighs on profitability.
- Berkshire Hathaway disclosed a multibillion-dollar stake during this period, a vote of confidence that proved well timed given the stock’s 64% gain for the year as of this writing.
- A U.S. federal judge declined to force a divestiture of Chrome in September, instead ordering Google to end exclusive search distribution deals with device makers like Apple. Separately, the European Commission imposed a nearly $3.5 billion fine over advertising practices. While both cases represent ongoing challenges, investors viewed the U.S. ruling as a relative victory since the company avoided a forced breakup, and shares rose on the news.
“Best Buys Now” Pick #2:
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