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Alphabet beats earnings expectations, raises spending forecast - TL;DR CNBC

Alphabet beats earnings expectations, raises spending forecast

Publishing timestamp: 2025-07-23 16:00:01


Summary

Alphabet reported second-quarter results that beat on revenue and earnings, leading to a 3% increase in shares in after-hours trading. The company plans to increase its capital expenditures for 2025 to $85 billion due to strong demand for its Cloud products and services. Revenue grew 14% year over year, higher than expected, and the company's net income increased nearly 20%. Despite increased spending on AI talent and legal expenses, Alphabet remains optimistic about future revenue growth.


Sentiment: POSITIVE

Tickers: GOOGL

Keywords: internetgooglebreaking news: technologyshopify inctechnologyalphabet incearningsbusiness news

Source: https://www.cnbc.com/2025/07/23/alphabet-google-q2-earnings.html


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