Alphabet Inc (GOOG) in BlackRock ESG Capital Allocation Term Trust Q2 2024

Leading the Digital Transformation with AI and Cloud

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Apr 15, 2025
Summary
  • Dominant position in digital advertising and AI technology.
  • Strong growth in cloud services and digital platforms.
  • Facing regulatory scrutiny and competitive pressures.
  • Continued strong financial performance and market leadership.
  • Future growth driven by AI integration and strategic investments.

Alphabet Inc (GOOG, Financial) was a significant holding in the BlackRock ESG Capital Allocation Term Trust Q2 2024, reflecting its leadership in digital advertising and AI technology. The trust, guided by the BlackRock Global Allocation Team, values Alphabet's innovative capabilities and its alignment with ESG principles, particularly in its efforts to enhance digital infrastructure and sustainability.

"Alphabet's continued investment in AI and its dominant position in digital advertising make it a cornerstone of our portfolio." — BlackRock Global Allocation Team, BlackRock ESG Capital Allocation Term Trust Q2 2024 Fund Letter

Read full letter at gurufocus blackrock esg capital allocation term trust q2 2024 commentary 2024 Q2 page.