Google ($GOOGL) is becoming a major AI and cloud story. 👀
Alphabet reported Q2 revenue of $119.8B, up 24%, while Google Cloud revenue surged 82% to $24.8B, driven by AI infrastructure and enterprise demand.
The main thing to watch is AI spending. Alphabet is investing heavily in infrastructure, so future growth needs to justify the rising costs.
Strong AI momentum, but spending and execution remain key.
#GOOGL #Google #AI #Stocks #Investing
$GOOGLB
Alphabet reported Q2 revenue of $119.8B, up 24%, while Google Cloud revenue surged 82% to $24.8B, driven by AI infrastructure and enterprise demand.
The main thing to watch is AI spending. Alphabet is investing heavily in infrastructure, so future growth needs to justify the rising costs.
Strong AI momentum, but spending and execution remain key.
#GOOGL #Google #AI #Stocks #Investing
$GOOGLB