{"slug": "google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom", "title": "Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom", "summary": "Alphabet Inc. reported Q2 earnings of $112.11 billion, or $9.11 per share, beating Wall Street expectations on revenue of $119.8 billion, driven by strong advertising revenue and AI investments. CEO Sundar Pichai said the company's AI spending is paying off, with shares rising 2.71% in after-hours trading.", "body_md": "Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it's massive artificial intelligence spending spree is paying off so far and advertising revenue is coming in strong.\n\nThe Mountain View, California-based company said Wednesday it earned $112.11 billion, or $9.11 per share, in the April-June period. That's up from $28.2 billion, or $2.31 per share, in the same period a year earlier.\n\nRevenue grew 24% to $119.8 billion from $96.43 billion.\n\nAnalysts, on average, were expecting revenue of $117.06 billion, according to a poll by FactSet. Google did not disclose an adjusted earnings figure that's comparable to analysts' expectations, which was $2.88 per share.\n\n\"Our AI investments are redefining what's possible across every part of our business,\" said CEO Sundar Pichai in a statement.\n\nAlphabet's shares climbed $2.71 to $344.62 in after-hours trading.\n\nBarbara Ortutay, The Associated Press", "url": "https://wpnews.pro/news/google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom", "canonical_source": "https://ca.finance.yahoo.com/news/googles-q2-earnings-112-11b-203828724.html", "published_at": "2026-07-22 20:38:28+00:00", "updated_at": "2026-07-22 20:53:12.811152+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products"], "entities": ["Alphabet Inc.", "Google", "Sundar Pichai", "FactSet"], "alternates": {"html": "https://wpnews.pro/news/google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom", "markdown": "https://wpnews.pro/news/google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom.md", "text": "https://wpnews.pro/news/google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom.txt", "jsonld": "https://wpnews.pro/news/google-s-q2-earnings-of-112-11b-beat-wall-street-s-expectations-on-ai-boom.jsonld"}}