Alphabet to report Q2 earnings after the bell

Alphabet On Wednesday, the second quarter will declare their earnings.

Here are the analysts who participated in the survey by LSEG:

• Revenues: 94 billion dollars
• Earning per share: $ 2.18

Wall Street also follows these numbers in the report:

• Youtube ad revenue: 9.56 billion dollars according to Streetaccount
• Google cloud income: According to Streetaccount 13.11 billion dollars
• Traffic Purchase Costs (TAC): 14.18 billion dollars according to Streetaccount

The Alphabet is between Megacaps, which is expected to be an important driving force of earnings growth in the second quarter earning season. Wall Street expects the search giant to increase a 10.9% increase in income and 15% growth per share.

Alphabet’s shares did not move much this year, it did not delay seven other magnificent stocks and S&P 500. Investors are primarily concerned about the rise of artificial intelligence chatbots that may affect Google’s ability to stay competitive during search.

In the second quarter, the search giant released a series of new AI products.

At the annual Google I/O conference in May, Google announced a new layer of subscription called “Google AI Ultra”, which offers access to the company’s “latest” AI features for $ 249.99 per month. Google also introduced its return to Smart Glasses market with a $ 150 million partnership with Warby Parker – the two companies said that they plan to start a series of smart glasses as soon as possible next year.

Google announced an initiative fund to invest in AI initiatives in May. As part “AI Futures Fund“Appropriate initiatives will take Google Investment, early access to AI models and applied Support Google researchers, engineers and released experts. They also receive loans to be used on Google Cloud.

In addition, in May, Google began to test the placement of the “AI mode” product directly on the home page under Google search.

At the beginning of this month, Openai added Google to the supplier list and said he expects to use the cloud infrastructure of the search company for popular chatgpt service. The announcement was a gain for Google, younger and smaller than the cloud unit Amazon and Microsoft.

Google made a leap at AI Talent Wars and announced that Windsurf CEO Varun Mohan and other senior researchers will bring artificial intelligence attempt as part of a $ 2.4 billion agreement, including licensing the company’s technology.

Internally, Google also changed a series of personnel in a quarter.

The company added the new role of the chef AI architect when Google Deepmind raised Koray Kavukcuoglu from his position as the chief technology officer of Google Deepmind.

Google also made more labor reduction by offering purchases to US -based employees in most of its sections, including search, ads and trade.

The alphabet took a few steps with Waymo, a self -driving car unit in the quarter.

Waymo reached Last week, 100 million “real world, completely autonomous miles” was directed on public roads. Waymo also emerged in new markets.

In June, Waymo announced the first step to potentially break the largest US city of USA and announced its plans to use vehicles in New York. In July, the company said it would perform a limited test at Philadelphia and started to offer accounts for young people aged 14 to 17 and starting from Phoenix.

The company also folded less optics less for a quarter.

In June, Google’s cloud had significant global deductions that overthrew or disrupted dozens of large internet services, including Openai and Openai. Do shoppingAmong others.

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