Alphabet Inc. (Class C)

Alphabet Inc. Class C shares (GOOG) represent non-voting equity ownership in the American multinational technology conglomerate holding company headquartered in Mountain View, California. As the parent company of Google and several former Google subsidiaries, Alphabet has become the world's third-largest technology company by revenue and one of the most valuable companies globally, reaching a market capitalization exceeding $3 trillion in 2025. Class C shares were created through a stock split in 2014 and carry no voting rights, unlike Class A shares (GOOGL) which have one vote per share. Both share classes offer identical economic exposure to Alphabet's performance, including dividends which began in June 2024 at $0.20 per share quarterly. The company operates through three primary segments: Google Services (including Search, YouTube, Android, Chrome, and Gmail), Google Cloud (cloud computing and enterprise solutions), and Other Bets (experimental ventures like Waymo, Verily, and DeepMind). With 183,323 employees worldwide and annual revenue of $350 billion in 2024, Alphabet dominates multiple technology sectors and continues to push the boundaries of innovation in artificial intelligence, autonomous vehicles, healthcare technology, and quantum computing.

Google Services remains Alphabet's core business and profit engine, generating the majority of revenue through advertising on Google Search, YouTube, and the Google Network. The company's search engine processes billions of queries daily, making it the world's most popular search platform, while YouTube has become the leading video-sharing platform globally. Google Cloud has emerged as one of the fastest-growing segments, competing with Amazon Web Services and Microsoft Azure, and contributed $43.23 billion in revenue in 2024. Android, the world's most popular mobile operating system, powers over 70% of mobile devices worldwide, creating an expansive ecosystem that reinforces Google's dominant position in digital services. The company's products and platforms—including Gmail, Google Maps, Google Drive, Google Photos, and Chrome—have become essential digital tools for billions of users across the globe.

Alphabet's "Other Bets" portfolio represents the company's long-term vision and willingness to invest in transformative technologies beyond traditional internet services. Waymo, the autonomous driving subsidiary, has achieved significant milestones with over 200,000 autonomous rides weekly in 2024 and expansion into new markets. DeepMind continues to advance artificial intelligence research, contributing to breakthroughs in protein folding, game-playing AI, and large language models. Verily focuses on healthcare technology and precision medicine, developing innovative solutions like smart contact lenses for diabetes monitoring. Under the leadership of CEO Sundar Pichai, who leads both Alphabet and Google, the company has positioned itself at the forefront of the AI revolution with the Gemini family of models, competing directly with OpenAI's GPT and other next-generation AI systems. Despite facing regulatory challenges including antitrust cases over search monopoly and advertising practices, Alphabet remains financially robust with $100.12 billion in net income for 2024 and continues to invest heavily in research and development. The Class C share structure allows founders Larry Page and Sergey Brin, who control Class B shares with 10 votes each, to maintain over 60% voting control while raising capital without diluting their decision-making power.