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Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom
Associated Press24d agobullish
Google's Q2 earnings of $112.11B beat Wall Street's 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. Google did not disclose an adjusted earnings figure that's comparable to analysts' expectations, which was $2.88 per share. Google saw a net gain of $98 billion, mainly as a result of gains on its equity investments — mostly in SpaceX, which went public in June.

Google quarterly cloud revenue growth beats expectations
Reuters24d agobullish
Google quarterly cloud revenue growth beats expectations

Alphabet topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, as the Google parent benefited from strong demand for its cloud computing services from ‌enterprises worldwide thanks to the AI boom. Revenue at Google Cloud rose 82% to $24.8 billion ‌during the quarter ended June, accelerating from the 63% jump reported in the preceding three months. The third-largest cloud services provider behind Amazon Web Services and Microsoft, Google has seen demand surge as companies race to secure the cloud capacity needed to develop, train and run AI models, helping it land ‌major deals with firms, including Anthropic.

Teledyne Technologies shares climb after strong second-quarter earnings beat and raised outlook (NYSE:TDY)
InvestorsHub25d agobullish
Teledyne Technologies shares climb after strong second-quarter earnings beat and raised outlook (NYSE:TDY)

Record quarterly performance drives earnings beatTeledyne Technologies Incorporated (NYSE:TDY) reported better-than-expected second-quarter 2026 results on Wednesday, as record orders, revenue and operating profit helped the company surpass Wall Street forecasts and lift its full-year guidance. The aerospace and defence technology company posted adjusted earnings per share of $6.

AT&T (T) Beats Q2 Earnings Estimates
Zacks25d agobullish
AT&T (T) Beats Q2 Earnings Estimates

AT&T (T) delivered earnings and revenue surprises of +10.17% and -1.49%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?