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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 increased by double digits once again in the second quarter, helping parent Alphabet beat Wall Street estimates.
Tesla shares were down about 6% in pretrading on Thursday after reporting a 12% decline in revenue year-on-year. Alphabet jumped 3%.
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.
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.
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.
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TipRanks on MSNAlphabet (GOOGL) Ups Its AI Spending after Strong Q2Tech 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.
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Google CEO Sundar Pichai emphasised Google's “full-stack” approach to AI, from custom TPUs and data centre infrastructure to world-class models like Gemini 2.5 and user-facing tools like the Gemini App,
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's latest results reinforce core ad resilience amid looming macro uncertainties ahead of upcoming tariff implementation. Click to read why GOOGL is a Buy.