Alphabet is trading at a significant discount to peers despite superior profitability and growth outlook. Click here to see why GOOGL stock is a Buy.

Google Cloud revenue reached US$13.62bn in the quarter, a 32 percent year-over-year increase, according to CNBC. The surge in demand, driven in part by artificial intelligence adoption, prompted Alphabet to accelerate data centre construction and server purchases.

Tech giant Alphabet (GOOGL) is accelerating its AI investments by adding another $10 billion to its spending this year, bringing the total to $85 billion. This decision comes after a strong quarter, during which the company’s advertising and cloud businesses performed well.

Alphabet's Q2 results showed strong revenue growth across segments, with Search maintaining double-digit growth despite concerns. Learn more on GOOGL stock here.

YouTube ad revenue increased by double digits once again in the second quarter, helping parent Alphabet beat Wall Street estimates.

Tesla shares were down about 6% in pretrading on Thursday after reporting a 12% decline in revenue year-on-year. Alphabet jumped 3%.

July 24 - Alphabet (NASDAQ:GOOGL) shares climbed about 3% in pre-market trading on Thursday, following a second?quarter report that topped analyst forecasts. The Google parent reported revenue of $96.

Alphabet stock trades nearly flat year-to-date in 2025. A strong Q2 report could see shares trade higher and closer to all-time highs.

Alphabet Inc.'s Q2 saw 12% revenue growth, fueled by Google Cloud's 20.7% margins and AI adoption. Click for my updated look at GOOGL stock post earnings.