Alphabet's Most Import Earnings Metric Today -- And It's Not About AI

Alphabet (NASDAQ: GOOG) reports earnings after the market closes today and the most important business to watch will be the old-school search business. A year ago, AI was supposed to disrupt search but that hasn't happened and the business is growing again. If that continues, the stock could march higher. Travis Hoium goes through what to watch for in this video.

*Stock prices used were end-of-day prices of July 22, 2024. The video was published on July 23, 2024.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy . Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.