search Archives

My Thoughts on Google (GOOGL) and Their Market Share and Investment Opportunity

A lot of people have been giving Google a really hard time of late over their troubled entry into AI – with their chat interface Gemini. Additionally, there are investors out there that think OpenAI, Perplexity and others will start to disrupt their search business which is their main revenue stream via ads.

I don’t think this is going to happen and here is my take:

Google has 93% market share in search and 50% in total digital marketing. These are not going anywhere.
Cloud is growing 30% YoY with margin expansion.
Forward PE of 19 is reasonable compared to industry average and to its historical median.

I think I will be buying more for my own investment portfolio.

When Can I Access Google Search Engine (GSE) for Google Search in the UK

Google Search Engine (GSE) is currently not available in the UK. However, Google is working to make it available in the UK in the near future. The specific date of availability has not yet been announced.

Uber and Yandex Spin Out Russian self-driving car subsidiary into its own entity

Uber and Yandex will be spinning off their self-driving car subsidiary into its own entity – MLU BV.

MLU BV will have $150 million in new capital from Yandex, including $100 million in equity and $50 million as a convertible loan.

In connection with the deal, Yandex will hold 61.7% of MLU and Uber will own 33.5%. Bloomberg reported in June that Yandex had been looking to buy all of Uber’s initial 38% stake as an alternative to taking the taxi business public. Uber merged its Russian operations with Moscow-based Yandex in 2017.