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Alphabet's Q2 results showed strong revenue growth across segments, with Search maintaining double-digit growth despite concerns. Learn more on GOOGL stock here.
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YouTube Ad Revenue Posts Double-Digit Gain, Lifting Alphabet Q2 Results Above Wall Street Estimates
YouTube ad revenue increased by double digits once again in the second quarter, helping parent Alphabet beat Wall Street estimates.
Google Cloud revenue reached US$13.62bn in the quarter, a 32 percent year-over-year increase, according to CNBC. The surge in demand, driven in part by artificial intelligence adoption, prompted Alphabet to accelerate data centre construction and server purchases.
Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.
Alphabet reported a net profit of $28.2 billion, or $2.31 per share, during the April-June quarter, registering a growth of 19% from the same time last year. The company’s revenue rose 14% from a year ago to $96.
Tesla shares were down about 6% in pretrading on Thursday after reporting a 12% decline in revenue year-on-year. Alphabet jumped 3%.
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TipRanks on MSNAlphabet (GOOGL) Ups Its AI Spending after Strong Q2
Tech giant Alphabet (GOOGL) is accelerating its AI investments by adding another $10 billion to its spending this year, bringing the total to $85 billion. This decision comes after a strong quarter, during which the company’s advertising and cloud businesses performed well.
Alphabet CEO Sundar Pichai praises a standout Q2 driven by AI-powered growth across divisions, with Google Search and Cloud showing strong momentum and boosting revenue.
July 24 - Alphabet (NASDAQ:GOOGL) shares climbed about 3% in pre-market trading on Thursday, following a second?quarter report that topped analyst forecasts. The Google parent reported revenue of $96.
Alphabet stock trades nearly flat year-to-date in 2025. A strong Q2 report could see shares trade higher and closer to all-time highs.
Alphabet is set to report its second-quarter earnings after the bell Wednesday. Wall Street expects the company to post double-digit revenue growth, according to LSEG estimates. Google made several AI announcements and talent plays during the quarter. Alphabet is set to report its second-quarter earnings after the bell Wednesday.
Alphabet's latest results reinforce core ad resilience amid looming macro uncertainties ahead of upcoming tariff implementation. Click to read why GOOGL is a Buy.