Google parent Alphabet surprises with capital spending boost
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Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) reported second-quarter earnings on Wednesday after the bell that beat expectations easily, with another double-digit gain for revenues—and featured a sharp increase to its spending forecast.
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Zacks.com on MSNGOOGL Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares RiseAlphabet’s GOOGL second-quarter 2025 earnings of $2.31 per share beat the Zacks Consensus Estimate by 7.44% and grew 22.2% year over year. GOOGL shares were up roughly 3.3% in pre-market trading on Thursday,
Waymo was last valued at just $45 billion, while autonomous technology drives most of Tesla’s $1 trillion value.