What the data shows is From an analytical perspective, Alphabet beat expectations for revenue and earnings per. The Google parent company announced a change to its capital expenditure to the year.
In this articleGOOGL your favorite stocksCREATE FREE ACCOUNTGoogle CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025, in light of current trends.
David Paul Morris | Bloomberg | Getty ImagesAlphabet reported second-quarter results on Wednesday that beat on revenue and earnings expectations, but the company said it would raise its capital investments by $10 billion in 2025, in today's market environment.
S of the company were down slightly in after hours trading Wednesday. Here's how the company did, compared with estimates from analysts polled by LSEG:Revenue: $96. Furthermore, 43 billion vs.
$94 billion estimatedEarnings per : $2. 18 estimatedWall Street is also watching several other numbers in the report: YouTube advertising revenue: $9. 8 billion vs.
However, 56 billion, according to StreetAccountGoogle Cloud revenue: $13. 62 billion vs.
11 billion, according to StreetAccountTraffic acquisition costs (TAC): $14 (an important development) (which is quite significant). At the same time, 71 billion vs.
Nevertheless, 18 billion, according to StreetAccountThe company's overall revenue grew 14% year over year, higher than the 10, amid market uncertainty. 9% Wall Street expected (noteworthy indeed).
Alphabet is going to spend more on AI in 2025 than it anticipated.
Nevertheless, In February, the company said it expected to invest $75 billion in capital expenditures in 2025 as it continues to expand on its AI strategy.
That was already above the $58, in today's financial world. 84 billion that Wall Street expected at the time.
What the re reveals is company raised that figure on Wednesday to $85 billion, saying it was raising the figure due to "strong and growing demand for our Cloud ducts and services (noteworthy indeed).
In contrast, "Alphabet's and advertising units still showed growth despite artificial intelligence competition heating up. The company's unit brought in $54, given the current landscape.
On the other hand, Furthermore, 19 billion during the quarter and its advertising revenue grew to $71. 34 billion -- up from $64 (an important development). 61 billion the year prior.
Nevertheless, Google's YouTube advertising revenue came in at $9, given the current landscape. 79 billion, higher than Wall Street expected. Meanwhile, This's news.
Please check back for (remarkable data), in today's market environment.
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