Alphabet reported Q2 revenue of $119.8 billion, surpassing estimates by $3 billion, driven by strong growth in Google Cloud, which rose 82% to $24.8 billion. The company also saw 15% growth in Google Services, including YouTube advertising and search. Earnings per share were $9.11, well above expectations, boosted by significant unrealized gains on equity investments. CEO Sundar Pichai highlighted AI as a key growth driver, with wide adoption of AI products like Gemini Enterprise and strong demand for AI infrastructure and security solutions. This marks Alphabet's 12th consecutive quarter of double-digit revenue growth, signaling robust momentum ahead.
Alphabet Inc. reported fiscal Q2 earnings that exceeded analyst expectations in both revenue and earnings per share, driven notably by an 81% year-over-year revenue increase in its cloud segment. However, the company revealed a significant rise in ca...
In 2026, Big Tech companies have underperformed compared to AI buildout suppliers, despite showing early AI monetization gains in Q1. Growth rates for several Big Tech names hit multi-year highs, but their share prices have lagged behind suppliers dr...
YouTube's ad revenue grew 13% year-over-year in Q2, reaching $11.055 billion and contributing to Alphabet's total revenue increase of 24% to $119.8 billion. Earnings per share nearly quadrupled to $9.11, surpassing Wall Street forecasts. YouTube's gr...
Alphabet is set to report its Q2 earnings with Wall Street watching closely to see if its heavy AI investments pay off or raise concerns about spending. Bank of America is optimistic, expecting revenue of $102.1 billion and EPS of $8.38, boosted by a...
Alphabet is set to report its earnings after the market closes, with expectations of positive results. Investors are evaluating whether they hold the right shares—GOOG (Class C, no voting rights) or GOOGL (Class A, with voting rights)—as their return...
