Business & Economy · 202 views
Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
This is CNBC's live coverage of Google parent Alphabet's 2026 second-quarter earnings. Google parent Alphabet reported better-than-expected revenue for the second quarter on Wednesday, driven by growth of 82% in its cloud business.
Summary
This is CNBC's live coverage of Google parent Alphabet's 2026 second-quarter earnings. Google parent Alphabet reported better-than-expected revenue for the second quarter on Wednesday, driven by growth of 82% in its cloud business. But the stock sank in extended trading as the company lifted its forecast for capital expenditures.
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