US Edition
Alphabet beats earnings expectations, raises spending forecast
UNITED STATES, JUL 23 – Alphabet's Q2 revenue rose 14% led by Google Cloud's 32% growth and AI services, prompting a $10 billion increase in 2025 capital spending to $85 billion amid legal challenges.
- Alphabet reported second-quarter 2025 earnings on Wednesday that surpassed Wall Street expectations with total revenue of $96.4 billion and earnings per share of $2.31.
- This strong performance followed earlier year growth driven by Google Cloud, search, and YouTube despite a volatile ad market and ongoing investments in AI products.
- YouTube ad revenue increased 13% to $9.8 billion, Google Cloud revenue rose 32% to $13.6 billion, and search revenue slightly exceeded projections at $54.1 billion.
- CEO Sundar Pichai praised the division's strong results, discussed new AI features like agentic experiences and XR glasses, and pledged, "We're going to work hard to make sure AGI is beneficial for everyone."
- Alphabet plans to increase capital spending to $85 billion to support AI growth, despite challenges including a looming antitrust ruling and recent after-hours stock volatility.
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107 Articles
107 Articles
Alphabet boosts AI efforts as revenue soars
Alphabet reported above-expected revenue, while also pumping ever more money into its artificial intelligence efforts. Google’s parent company said its search and cloud computing arms drove 14% revenue growth in Q2 this year, allaying fears that its AI Overview summaries in search results would reduce the value of ads. The tech giant will use the money to further its dash for more data centers and AI-related infrastructure. Its capital expenditu…
·New York, United States
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Leaning Left13Leaning Right13Center22Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
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