Overview

• Alphabet reported second-quarter revenue of $96.43 billion and diluted EPS of $2.31, topping Wall Street estimates.
• YouTube advertising revenue climbed 13% year over year to $9.8 billion, extending its monetization momentum.
• Google Cloud sales surged 32% to $13.6 billion as enterprise customers adopted AI and data services.
• The company raised its full-year capital expenditure target to $85 billion to scale AI capabilities and data-center capacity.
• A remedies decision in the U.S. search monopoly case is expected next month, keeping regulatory pressure high.