π¨ Alphabet (Google) Beats Q2 Expectations
π Q2 Highlights:
β’ Revenue: $119.8B (Beat expectations)
β’ EPS: $9.11
β’ Google Cloud revenue surged 82% YoY to $24.77B, fueled by strong AI demand.
β’ Advertising revenue also came in above estimates.
π° Why did the stock fall?
Despite the strong results, Alphabet increased its AI infrastructure spending guidance to $195Bβ$205B for 2026. Investors remain cautious about the massive cost of the AI race, sending shares down over 2% after earnings.
π€ Google also pushed back against reports of delays to its upcoming Gemini 3.5 Pro model, saying development continues at a rapid pace.
Bottom line: AI is driving incredible growth for Google, but Wall Street is watching closely to see if the company's huge investments will deliver long-term returns.
What are your thoughts on Google's AI strategy? π
#Alphabet #Google #GOOG #AI #GoogleCloud #StockMarket #TechNews #Investing
π Q2 Highlights:
β’ Revenue: $119.8B (Beat expectations)
β’ EPS: $9.11
β’ Google Cloud revenue surged 82% YoY to $24.77B, fueled by strong AI demand.
β’ Advertising revenue also came in above estimates.
π° Why did the stock fall?
Despite the strong results, Alphabet increased its AI infrastructure spending guidance to $195Bβ$205B for 2026. Investors remain cautious about the massive cost of the AI race, sending shares down over 2% after earnings.
π€ Google also pushed back against reports of delays to its upcoming Gemini 3.5 Pro model, saying development continues at a rapid pace.
Bottom line: AI is driving incredible growth for Google, but Wall Street is watching closely to see if the company's huge investments will deliver long-term returns.
What are your thoughts on Google's AI strategy? π
#Alphabet #Google #GOOG #AI #GoogleCloud #StockMarket #TechNews #Investing
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