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Alphabet (GOOGL) Stock Gears Up for Monster Breakout

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76% Informative

Waymo's autonomous ride service, Waymo One , is transitioning from pilot projects to an actual business.

Waymo is now safely transporting more than a quarter of a million paid autonomous rides per week.

Google Cloud revenue in FYQ1 surged by 28% to $12.3 billion .

Google has plenty of cash, excellent technical proficiency, and always develops new concepts.

Google Cloud generated an operating income of $2.17 billion this quarter , compared to $1 billion last year .

This kind of financial footing allows Google to continue investing heavily in AI .

Wall Street analysts are overwhelmingly supportive of Alphabet ’s future prospects.

The average GOOGL price target is $ 198.59 , indicating a 24% rise within the next 12 months .