Alphabet's Q2 Earnings Highlight AI Investments and Mixed Results

Google's parent company reports strong revenue growth but faces scrutiny over AI spending and YouTube performance.

Alphabet's Q2 revenue reached $84.7 billion, a 14% year-over-year increase.
Google Cloud revenue surpassed $10 billion for the first time, with strong growth in AI-related services.
YouTube ad revenue grew 13% but fell short of Wall Street expectations.
Investors are concerned about the high capital expenditures on AI, totaling $13.2 billion this quarter.
Despite mixed results, analysts remain optimistic about Alphabet's long-term AI strategy.