Google parent Alphabet surprises with capital spending boost
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Alphabet stock dipped after a Q2 beat powered by continuing double-digit revenue growth and Google Cloud success, but featuring sharply heavier spending plans
During the Q2 earnings call, Alphabet's management updated some details of its financial guidance. Alphabet now plans to spend around $85 billion on capital expenditures (capex) in 2025. Of note, this is a $10 billion increase over the company's prior guidance.
Tesla shares were down about 6% in pretrading on Thursday after reporting a 12% decline in revenue year-on-year. Alphabet jumped 3%.
The ever-growing demand for artificial intelligence and the robust performance of its cloud services. AI and services, the key to Alphabet’s revenue growth Google Cloud is truly on a roll, with revenues soaring by 32% this quarter ($13.
2don MSN
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.
Alphabet's Q2 FY25 results reinforce my bullish stance, driven by AI-led growth in Search that is leading to strong user engagement and importantly,
In Q2, the search giant reported $96.4 billion in revenue, up 13.8% YoY, and a net profit of $28.2 billion, a 19.4% YoY growth.
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.
AI paying off - Google Cloud is still a relatively small portion of Alphabet's overall business. But it is seeing particularly strong growth, driven by AI,
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.