Key takeaways from Alphabet’s Q2 results: AI takes centre stage

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Alphabet, the parent company of Google, reported better-than-expected second-quarter earnings on Wednesday, with revenue rising 14% to $96.4 billion and earnings per share increasing 22% to $2.31.

Alphabet’s chief executive, Sundar Pichai, took to X, sharing the post-earnings highlights, stating, “For the last 10 years, we’ve deliberately and meticulously built every layer of the AI stack, which has positioned us so well today.”

Here are the key takeaways from Alphabet’s Q2 results:

AI: The bedrock of Alphabet’s success

Earlier this month,…



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Key takeaways from Alphabet’s Q2 results: AI takes centre stage



Alphabet, the parent company of Google, reported better-than-expected second-quarter earnings on Wednesday, with revenue rising 14% to $96.4 billion and earnings per share increasing 22% to $2.31.

Alphabet’s chief executive, Sundar Pichai, took to X, sharing the post-earnings highlights, stating, “For the last 10 years, we’ve deliberately and meticulously built every layer of the AI stack, which has positioned us so well today.”

Here are the key takeaways from Alphabet’s Q2 results:

AI: The bedrock of Alphabet’s success

Earlier this month,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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