Alphabet's Cloud Business Doubled, but the Stock Plunged. Here's What a $5,000 Investment Could Be Worth by 2030.
Alphabet's stock fell over 10% following Q3 earnings despite Google Cloud revenue doubling to $30.7 billion (103% YoY growth). The analyst argues the market's focus on spending is short-sighted, as Google Cloud is becoming the company's growth engine. With projected 20% companywide growth through 2030, Alphabet could reach $1 trillion in revenue, potentially valuing the stock at $7.7 trillion and turning a $5,000 investment into $11,000.
