Alphabet, Wall Street
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Wednesday’s report follows Alphabet’s better-than-expected Q1 release earlier this year, in which the company reported year-over-year growth of 12% and 49% for its top and bottom lines, respectively, after Google’s search unit generated more in sales than analysts projected.
Alphabet on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion and predicted a further increase next year. The sea
Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.
AI upstarts were supposed to lay siege to Google’s search-engine dominance. So far, the defense is winning, writes Asa Fitch, following second-quarter results from parent company Alphabet. A: Google’s
Alphabet beat Wall Street estimates for its second quarter on Wednesday, and cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion.
Google's parent company reports earnings after the close. Here's a look at Q2 2025 earnings for Alphabet- google's parent company.
Alphabet sees increase in net profit, says recently launched AI Mode on Google 'going well' in India
The company’s revenue grew 14 per cent year-over-year to $96.4 billion, largely fueled by strong Google Cloud sales. The cloud division proved to be a major driver of growth, with revenue increasing 32 per cent from the previous year to $13.
Alphabet Inc.'s $85B AI capex is backed by a $106B cloud backlog, showcasing tangible ROI. Click for my updated look at GOOGL stock post Q2 earnings.
Alphabet shares rose more than 3% in early trading on Thursday as the Google parent's earnings underscored a key message to investors: AI spending is climbing, but so are the returns.
Many of Pichai's recent sales were made under a regulatory filing which allows stock sales to be set up in advance by officers of publicly-listed companies to avoid any accusations of inside trading.
Alphabet Inc.'s Q2 earnings exceed expectations, fueled by AI-driven growth in Cloud and Search. Click for my updated look at GOOGL and why I'm still bullish.
Alphabet was targeted with an EU antitrust complaint from six human and digital rights groups on Thursday which urged EU regulators to investigate whether the tech giant complies with legislation requiring it to make it easier for users to uninstall software apps.