Googles Q2 earnings of $112.11B beat Wall Streets expectations on AI boom
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. The 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. Revenue grew 24% to $119. 8 billion from $96. 43...
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