Alphabet Shares Rise After Big Upward Revision To CapEx Outlook; Search Revenues Soar Investors were anxious hoping for reassurance that Alphabet’s ability to compete and defend its search empire during the artificial intelligence boom (despite being bought for 10 days straight going into tonight’s earnings). In a word, the answer was ‘yes’ – they can be reassured as the giant tech company beat on top- and bottom-lines… *ALPHABET 2Q REV. $96.43B, EST. $93.97B *ALPHABET 2Q EPS $2.31, EST. $2.18 That is a 14% YoY increase in revenues with all segments better than expected, including ‘Search’ and Cloud: Google Services revenue… — Continue at ZeroHedge News : Read More
