Alphabet Beats Estimates, Signals Bigger AI Push With Increased Investment

Benzinga

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.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Alphabet reported second quarter revenue and earnings to beat analysts' expectations,

00:06according to CNBC. Revenue reached $96.43 billion with earnings per share at $2.31.

00:13YouTube advertising revenue and Google Cloud outperformed estimates,

00:16and total revenue rose 14% year over year. Alphabet announced a $10 billion increase

00:21in capital expenditures for 2025, raising the total to $85 billion to meet rising demand for

00:26AI and cloud services. AI overviews reached 2 billion monthly users, and the Gemini app had

00:32450 million monthly active users. Alphabet also acquired Winsurf in a $2.4 billion deal

00:38to boost its AI talent. For all things money, visit Benzinga.com.

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