Alphabet's Q2 revenue rose 24% due to Google Cloud and AI growth. Alphabet as second-largest company by market cap on July 31 at 5.6% YES.

Alphabet increases AI infrastructure spending to $190B for 2026. Alphabet as second-largest company by market cap on July 31 at 4.5% YES.

The Google parent reported its 12th-straight quarter of double-digit revenue growth.