That balancing act helped Google parent Alphabet Inc. earn $28.2 billion, or $2.31 per share, during the second quarter, a 19% increase from the same time last year. Revenue climbed 14% from a year ago to $96.4 billion. Both figures easily eclipsed analysts’ projections.

Live Updates Live Coverage Updates appear automatically as they are published. Revenue By Segment Heading Into Q2 1:16 pm Cloud returned to high-20s % growth, while Search and YouTube showed strength across both brand and performance formats Segment Revenue YoY Growth Google Search $46.

Alphabet Inc. reported strong second-quarter earnings, exceeding Wall Street's expectations with a 14 percent revenue increase to $96.4 billion. Driven by growth in advertising and cloud businesses, the company is investing heavily in AI infrastructure.

AI is a main theme of second-quarter earnings as Alphabet reports this week. Tesla, Mattel, Hasbro and Coca-Cola also report, as Trump policies remain top of mind.

The tech company reported total revenue of US$96.43-billion for the second quarter ended June, compared with analysts’ average estimate of about US$94-billion, according to data compiled by LSEG.

Google parent Alphabet is scheduled to report second-quarter results after the closing bell Wednesday, with analysts largely bullish but cautiously eyeing a key antitrust ruling expected next month.

While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.

Google is seeking to recruit news organizations for a new licensing project related to artificial intelligence, according to people familiar with the matter, a sign the company wants to strengthen