Overview

• The company reported $96.43 billion in Q2 revenue and $2.31 earnings per share, surpassing analyst forecasts of $94 billion and $2.18.
• Google Cloud revenue jumped nearly 32% year-over-year to $13.62 billion, exceeding projections and underscoring strong enterprise demand.
• Advertising sales climbed 10.4% to $71.34 billion, driven by solid performance across search and YouTube.
• Alphabet raised its full-year capital expenditure plan from $75 billion to $85 billion, citing accelerating AI and cloud needs.
• Shares slipped during regular hours on higher spending guidance but gained 2.1% in after-hours trading as investors weighed growth against costs.