Google Launches Gemini 3.1 Flash-Lite as GOOGL Climbs 4.3%
Google's new Gemini 3.1 Flash-Lite offers 2.5x faster processing at $0.25 per million tokens, intensifying AI price wars as GOOGL shares surge.
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Search, YouTube, Google Cloud and the Gemini model family.
Q2 FY2026 · period ended · filed
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.
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Google's new Gemini 3.1 Flash-Lite offers 2.5x faster processing at $0.25 per million tokens, intensifying AI price wars as GOOGL shares surge.
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Alphabet (GOOGL) last closed at $342.48 on September 3, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks GOOGL has traded between $224.79 and $408.61.
Alphabet has a market capitalisation of about $4.19 trillion.
GOOGL trades on NASDAQ, in the Services-Computer Programming, Data Processing, Etc. industry.
Based on trailing twelve-month diluted earnings of $19.93 per share and a $342.48 share price, GOOGL trades on a price-to-earnings ratio of about 17.2.
Alphabet reported revenue of $119.8 billion for Q2 FY2026, with net income of $112.19 billion.
Alphabet pays a dividend of $0.22 per share, paid quarterly, a trailing yield of about 0.31%. The next ex-dividend date is September 4, 2026.
Alphabet last executed a 20-for-1 stock split on July 18, 2022.
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