Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus

Posted under: Tech Move
Date: 2024-07-23
Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus

Alphabet is expected to report a 14% revenue rise, driven by AI-powered cloud computing and an ad market uptick. Investors will look for continued success in Search and AI integration's impact on Google Cloud. Alphabet's operating expenses likely rose over 32%. AI investments and potential acquisition of cybersecurity startup Wiz will be closely watched.

Read more at: www.reuters.com