Alphabet reported second-quarter revenue and earnings that beat analyst expectations, according to CNBC. Revenue reached $96.43 billion, with earnings per share at $2.31. YouTube advertising revenue and Google Cloud outperformed estimates, and total revenue rose 14% year over year. Alphabet announced a $10 billion increase in capital expenditures for 2025, raising the total to $85 billion to meet rising demand for AI and Cloud services. AI Overviews reached two billion monthly users, and the Gemini app hit 450 million monthly active users. Alphabet also acquired Windsurf in a $2.4 billion deal to boost its AI talent.
