Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.

Alphabet Inc.’s Google inked a deal worth more than $1 billion to provide cloud-computing services to software firm ServiceNow Inc., a win for Google Cloud’s efforts to get major enterprises onto its platform.

We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed. Alphabet Inc. (NASDAQ:GOOGL)’s shares,

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.

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.

Alphabet Inc.'s $85B AI capex is backed by a $106B cloud backlog, showcasing tangible ROI. Click for my updated look at GOOGL stock post Q2 earnings.

The addition of AI Overviews to Google Search may be one reason why that business continues to show strength. It brought in more than $54.19 billion in revenue during the quarter, representing a good chunk of its overall $71.34 billion in advertising revenue. That was up 10.5% from $64.61 billion in ad sales in the same period last year.

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,

While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.

Child advocates say holding tech companies responsible for verifying the ages of their users is key to creating a safer online experience for minors.

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.