Google parent Alphabet surprises with capital spending boost
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Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.
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.
Google parent Alphabet (GOOG, GOOGL) is finally starting to cash in on the billions of dollars it’s spending on its rapid AI buildout. The company reported better-than-anticipated earnings after the bell on Wednesday,
We’ll continue investing in the people, talent and compute needed to make sure that we are set up for the opportunity ahead,” said CEO Sundar Pichai.
Alphabet Inc. remains undervalued despite AI competition. Click to explore GOOGL growth in search, YouTube, cloud, & Waymo’s potential in autonomous vehicles.
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.
Google-parent Alphabet beat expectations for its second quarter earnings results Wednesday afternoon. The stock initially fell in after-hours trading before climbing as the company held its post-earnings call with investors.
Evercore ISI analyst Mark Mahaney cheered a "standout quarter" for Alphabet, as Google Cloud "absolutely crushed it" and advertising trends looked strong as well. All that said, he sees Alphabet as a "discounted high-quality" stock,