Thursday, 23 July 2026 · World
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EUROS The World Financial Report
Nº 12 Thursday, 23 July 2026 · World Edition
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Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investors

Markets-Economic Times · 1h ago · 🇮🇳 India
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investors

Alphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its capital expenditures for artificial intelligence. This massive spending hike comes as Google Cloud revenue saw substantial growth. CEO Sundar Pichai addressed concerns about Google's competitive position in the AI race. Investors and analysts are weighing the potential returns of this significant AI investment.

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