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What is Google stock? Meet Alphabet

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Google stock is really stock in Alphabet Inc., Google's parent company, which trades on Nasdaq under two tickers, GOOGL and GOOG. Alphabet owns Google Search, YouTube, Android and Google Cloud. This guide covers what Alphabet is, how its two tickers differ and what its share price is sensitive to.

What is Alphabet, and how is it related to Google?

Alphabet is the parent company created in 2015 to hold Google and the group's other projects under one roof. Google itself was founded in 1998 by Larry Page and Sergey Brin, and both companies are based in Mountain View, California.

So when someone says Google stock, they mean Alphabet stock; there is no separately listed company called Google.

Where Alphabet's revenue comes from

Most of Alphabet's revenue comes from advertising, but its other businesses are large too:

  • Google Search and advertising: the core of the company's income.
  • YouTube: revenue from ads and subscriptions.
  • Google Cloud: cloud infrastructure and AI tools for businesses.
  • Android, Chrome, Maps and Gmail: products billions of people use every day.
  • Other bets: projects such as Waymo in self-driving cars, still a small part of revenue.

GOOGL vs GOOG: what is the difference?

Alphabet has several share classes, and the difference between them is voting rights. GOOGL and GOOG usually trade at very similar prices, but not always identical ones.

  • GOOGL (Class A): one vote per share, traded on Nasdaq.
  • GOOG (Class C): no voting rights, also traded on Nasdaq.
  • Class B: extra votes per share, mostly held by the founders and insiders, and not publicly traded.

What moves the Google share price

  • The online advertising market, which rises and falls with the economy.
  • Growth at Google Cloud and competition in cloud infrastructure.
  • Competition in AI, and what search will look like in the future.
  • Antitrust cases and regulation in the US and Europe.
  • Quarterly results, interest rates and the mood towards technology stocks.

Risks of Alphabet stock

Heavy reliance on advertising means that when businesses cut their ad budgets, Alphabet feels it. AI tools may also change how people search, which is both an opportunity and a threat for the company.

Legal cases could lead to fines or changes to how the business works. This article is not a recommendation to buy, and no share price can be predicted.

Tokenized Google stock (GOOGL) in Waletifi

The tokenized stock offered in Waletifi tracks GOOGL, Alphabet's Class A share. You buy it with USDT and hold it on Ethereum in your own wallet; the Stocks section is coming soon and will be enabled country by country.

Even though GOOGL is a voting share, the token gives you no voting rights and does not make you a direct shareholder. The issuer can pause transfers or block an address; its terms exclude some countries, including Iran and Afghanistan, and it may restrict addresses it links to them, so weigh this like the other risks before buying.

Questions and answers

What is Alphabet?

Alphabet is Google's parent company, which since 2015 has held Google, YouTube and other projects under one roof. Google stock is Alphabet stock.

Should I look at GOOGL or GOOG?

The main difference is voting rights: GOOGL has them and GOOG does not. The choice is yours; the tokenized stock in Waletifi tracks GOOGL.

Where does Google stock trade?

Both GOOGL and GOOG trade on Nasdaq in the US.

Where does most of Google's revenue come from?

From advertising on Google Search and YouTube. Google Cloud is another important source of revenue.

Does the GOOGL token give voting rights?

No. The token tracks the GOOGL price but is not a real share, so it carries no voting rights or direct ownership.

Follow Alphabet with USDT

Install Waletifi so you can buy tokenized Google stock in your own wallet once the Stocks section opens in your country.

Get it on Google PlayComing soon Download on the App StoreComing soon Direct download (APK)

Android 7.0 or later. Download only from waletifi.com, and check the address bar before you install.