Alphabet's latest earnings report reveals a strong performance in its Google Cloud business, with revenue jumping 82% year-over-year to $24.8 billion, surpassing Wall Street expectations. This growth is largely fueled by increased enterprise adoption of AI solutions and infrastructure. The company's overall profit surged to $112.1 billion, up from $28.1 billion last year, while total revenue grew 24% to $119.8 billion. Despite heavy investments in AI and infrastructure, CEO Sundar Pichai expressed confidence in continued demand and long-term deals, signaling positive prospects for Alphabet's AI-driven growth.
Alphabet posted a 24% revenue increase to $119.8 billion in Q2 2026, beating Wall Street estimates. Earnings per share soared nearly 295% to $9.11, driven by an 82% surge in Google Cloud revenue to $24.8 billion, fueled by strong AI product demand. T...
A social media addiction lawsuit against major platforms was dropped after Snap, TikTok, and YouTube settled with the plaintiff. Meta, the last remaining defendant, was cleared after the plaintiff voluntarily dropped the case without receiving any pa...
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...
Reddit, USA Today, Politico, Reuters, and The Economist are reconsidering their partnerships with Google due to its AI-generated search summaries that reduce traffic to their sites. These summaries provide overviews at the top of search results, draw...
Google has introduced a new feature in Android 17 that allows users to wirelessly transfer more types of data from an iPhone without needing a separate app. This update supports transferring photos, videos, contacts, messages, calendars, Google Accou...
