Alphabet Beats Q2 Estimates as Google Cloud Grows 82%: 'Our AI Investments Are Redefining What's Possible'
Alphabet reports financial results for the second quarter after the market close on Wednesday. Here's a look at the key details.
Alphabet (Google's parent company) did better than expected this quarter, and their cloud business—where companies store data online—is growing really fast. This shows their bets on artificial intelligence are working, which tells us the company is staying strong and competitive.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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