Alphabet Quadruples Profit to Nearly $120 Billion, Fueled by A.I. Investments

Google’s parent company, which has spent heavily on artificial intelligence, also showed growth across its businesses, particularly in cloud computing.

By Kate Conger

Google revenue surges on AI-driven boom in Cloud unit

Alphabet reports 82% growth in cloud computing division

Google buried a $98 billion windfall in one sentence

Google CEO Sundar Pichai. Bloomberg/Getty Images Google's parent, Alphabet, said it earned an additional $98 billion this quarter from its equity investments. The tech giant didn't disclose which investments, but it's most likely from SpaceX and Anthropic. Alphabet's stock is still down slightly as investors fret about its huge AI spend and AI struggles. Imagine making nearly $100 billion extra and dedicating exactly one vague sentence to it. That's just what Google parent Alphabet did in i...

Google makes history with quarterly profit more than 459 of Fortune 500 firms’ revenue

Alphabet achieved a historic quarterly profit exceeding one hundred billion dollars. This record profit was significantly boosted by investment gains from Anthropic and SpaceX. Google Cloud revenue also saw a substantial increase, contributing to overall growth. Despite these strong results, Alphabet's stock experienced a slight decline in trading. Investors remain watchful of rising expenses and competition in the AI sector.

By TOI TECH DESK

YouTube Ad Sales Keep Growing at Healthy Clip, Rising 13% to $11 Billion in Q2

Video giant YouTube, one of the world’s biggest entertainment businesses, continues to turn in double-digit increases in ad revenue. YouTube posted ad sales of $11.06 billion for the second quarter of 2026, up 12.6% year over year. The results exceeded Wall Street analysts expectations for ad revenue of $10.8 billion, per StreetAccount. That doesn’t include […]

By Todd Spangler

Sundar Pichai reveals strong Q2 results as Google pushes back against AI race concerns: ‘Exciting moment’

Sundar Pichai says AI investments are driving growth across Search, Cloud, YouTube and Gemini, while responding to criticism about Google falling behind rivals.

YouTube’s Ad Revenue Crossed $11 Billion in the Second Quarter of 2026

The World Cup alone accounted for 1.7 billion views on the platform, Google/Alphabet CEO Sundar Pichai said.

By Anthony Maglio

ElvalHalcor says new investments to drive faster profit growth

The positive impact of ElvalHalcor’s new 850-million-euro investment programme is expected to materialize sooner than expected compared to other international projects, the company’s Chairman Konstantinos Katsaros said. ElvalHalcor says new investments to drive faster profit growth - Η ΝΑΥΤΕΜΠΟΡΙΚΗ

By Γιάννα Βαρδαλαχάκη

Chip boom lifts Korea's income growth to 38-year high

South Korea's economy extended its growth in the second quarter, weathering oil price volatility sparked by conflict in the Middle East, as robust chip exports fueled the expansion. According to preliminary data released by the Bank of Korea on Thursday, the country's real gross domestic product — a key gauge of economic growth — expanded 0.6 percent in the April-June period from the previous quarter, following a revised growth of 1.8 percent in the first months of this year. "Although (gross d

By The Korea Herald

YouTube Ad Revenue Rises 13% In Q2 To Surpass $11 Billion, Boosting Parent Alphabet’s Performance

YouTube ad revenue increased 13% in the second quarter compared with the same period a year ago, helping to pace parent Alphabet’s financial performance. Total revenue rose 24% in the quarter to hit $119.8 billion, while earnings per share nearly quadrupled to $9.11. Both metrics were ahead of Wall Street expectations. YouTube pulled in $11.055 […]

By Dade Hayes

Alphabet in charts: Cloud revenue growth accelerates to 82%

Google Dips After Search Revenues Miss; Capex Guidance Awaited

Google Dips After Search Revenues Miss; Capex Guidance Awaited As we wrote in our GOOGL preview, according to UBS and JPM analysts, the market would be watching two things above all else when Alphabet became the first hyperscaler to report earnings after the close today: capex guidance and monetization language, as "the debate has shifted from "how big is capex" to "who proves monetization and returns." And yet, in light of the massive expectations for capex growth, the company ...

By Tyler Durden

Alphabet Earnings Need to Show Cloud Growth as AI Spending Soars

With AI spending skyrocketing, investors are looking for Alphabet Inc.’s earnings to show strong growth in its cloud-computing business, which would demonstrate a clear return on the company’s investments.

By Ryan Vlastelica

Google burning through cash with spiralling AI costs

Google parent Alphabet saw its business continue to grow in recent months, yet growing spending on artificial intelligence (AI) infrastructure put its leftover cash into negative territory.

By Abubakar Ibrahim