The biggest reason why shares of Alphabet trade at a discount to its peers is that the market is worried about its base ...

Even Waymo, Alphabet's autonomous driving unit, is expanding operations across more than 10 U.S. cities, pointing to long-term optionality beyond search and ads.

Alphabet has made some modestly sized acquisitions in recent years, including its $2.1 billion purchase of smartwatch maker Fitbit in 2021 and its $5.4 billion acquisition of cybersecurity company ...