The Google-parent Alphabet (GOOG) has just unveiled their Q4 revenue sales report showing $63.1 billion, just shy of analysts expectations of $63.2 billion. Advertisement revenue fell by 4% and YouTube revenue fell 8%. CEO of Alphabet and Google, Sundar Pichai, made a statement in the earnings release regarding the companies AI stating, “Our long-term investments in deep compute science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about unveil in Search and beyond.,”
The five ETFs with the highest exposure to Alphabet (GOOG) are:
XLC — Communication Services Select Sector SPDR Fund (10.61%)
IXP — iShares Global Comm Services ETF (9.87%)
VOX — Vanguard Communication Services ETF (9.71%)
FCOM — Fidelity MSCI Communication Services Index ETF (9.66%)
JEPQ — J.P. Morgan Nasdaq Equity Premium Income ETF (8.15%)
