Alphabet updates AI spending forecast
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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.
Sundar Pichai's fortune could have increased by a billion dollars had he chosen to hold onto Google shares sold over the past decade.
Stocks were mixed Thursday. The Dow Jones Industrial Average fell more than 300 points after Honeywell and International Business Machines slumped on quarterly earnings updates, and as UnitedHealth Group traded lower after saying it was “complying with formal criminal and civil requests” from the U.
Alphabet Inc. said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.
Google's parent company, Alphabet, recently reported its quarterly results that exceeded expectations. Elon Musk acknowledged the impressive results, sparking a brief exchange.
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Google parent Alphabet plans to spend $10 billion more in capital expenditures this year than previously anticipated as the company works to meet surging demand for Google Cloud.
Alphabet Inc. (NASDAQ:GOOGL) ranks among the best magic formula stocks to invest in. Robby Stein, VP of Product at Google Search, announced that Alphabet Inc.
Shares of Alphabet Inc. GOOGL +3.03% Get Free Report GOOG +2.86% Get Free Report rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results. The company increased its investment i n capital expenditures in 2025.
While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.
Alphabet Inc has reported strong second-quarter revenue growth but says this year's capital expenditures will be US$10bil greater than an earlier forecast, intensifying pressure on the company to justify investments it's making to keep up in the artificial intelligence (AI) race.
Alphabet reported strong second-quarter results, exceeding expectations with a 19% increase in earnings per share and a 14% rise in revenue. CEO Sundar Pichai highlighted the significant growth of new businesses like Cloud and YouTube,
We came across a bullish thesis on Alphabet Inc. on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on GOOG. Alphabet Inc.’s share was trading at $191.15 as of July 21st.