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Alphabet's $112 Billion Quarterly Profit Looked Like an AI and Search Victory, but SpaceX and Anthropic Actually Powered the Historic Windfall

Jul 23, 2026 · 04:52 AM ET· updated 2h ago
Alphabet's $112 Billion Quarterly Profit Looked Like an AI and Search Victory, but SpaceX and Anthropic Actually Powered the Historic Windfall

Alphabet's record profit driven by investments in SpaceX and Anthropic, but rising AI spending concerns investors.

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Why It Matters

Alphabet made a huge profit, but most of it came from bets on other companies like SpaceX and Anthropic, not from their own AI business. This is important because it shows where their real money is coming from, even as they spend heavily on AI tools.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.