Alphabet Beats Q2 Estimates as Google Cloud Grows 82%: 'Our AI Investments Are Redefining What's Possible

Alphabet stock is trending. Where are GOOG shares going?

Alphabet Q2 Earnings HighlightsAlphabet posted second-quarter revenue of approximately $119.80 billion, beating analyst estimates of $116.82 billion, according to Benzinga Pro. The Google parent company reported second-quarter earnings of $9.11 per share, which may not compare to estimates. Alphabet said earnings were up 294% year-over-year.Total revenue was up 24% on a year-over-year basis, driven by strong performance across the business. Here’s a breakdown of revenue by category.

Google Search: $63.27 billion, up from $54.19 billion year-over-year

YouTube Advertising: $11.06 billion, up from $9.80 billion year-over-year

Google Cloud: $24.77 billion, up from $13.62 billion year-over-year