Alphabet delivers big boost to its spending plans
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Investors seem confident that the investment in AI can finally be properly monetized and translate into higher revenue.
Wednesday’s report follows Alphabet’s better-than-expected Q1 release earlier this year, in which the company reported year-over-year growth of 12% and 49% for its top and bottom lines, respectively, after Google’s search unit generated more in sales than analysts projected.
Alphabet beat Wall Street estimates for its second quarter on Wednesday, and cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion.
Alphabet Inc.'s Q2 2025 results spotlight AI-driven growth in Search, YouTube, and Cloud. Click for my updated look at GOOGL stock post earnings.
Google's parent company reports earnings after the close. Here's a look at Q2 2025 earnings for Alphabet- google's parent company.
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Alphabet beat Wall Street estimates for quarterly revenue on Wednesday, as the Google parent's new AI features and a steady digital advertising market boosted growth in its core search business.
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CNBC's MacKenzie Sigalos joins 'Fast Money' to talk the latest out of Alphabet's earnings call and what is driving the stock higher in overtime.