Alphabet (GOOGL) Q2 Earnings: Estimated Revenue $116.9 Billion
Published on · Source: cnbc.com

AI Summary
Summarized by AI from the source belowAlphabet (GOOGL) is set to report fiscal second-quarter results with an estimated earnings per share of $2.89 and revenue of $116.9 billion. Google Cloud is expected to grow by 64% year-over-year to $22.24 billion. The search business revenue is projected to reach $63.4 billion, up from $54.19 billion last year. Investors will also look for updates on Alphabet’s AI pipeline and capital expenditures, anticipated to total $187.1 billion this year, as competition in AI grows. These earnings will influence investor sentiment on technology sector investments.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Alphabet Inc. (Class A) (GOOGL)
Alphabet is the parent of Google, generating most of its revenue from search and advertising while expanding in cloud computing, YouTube, and AI. Class A shares (GOOGL) carry voting rights.
The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.
Earlier GOOGL news
- Alphabet's (GOOGL) Q1 Revenue Grows 22%, Operating Margin at 36.1%
- Amazon (AMZN) AWS Grows 28% on $150B Run Rate with $364B Backlog
- Dow Jones Futures Fall as Oil Prices Jump; Tesla Earnings Due
- Berkshire Invests in Alphabet, Warren Buffett's Decision Revealed
- Broadcom (AVGO) and 3 AI Stocks with Strong Growth Potential
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