"Alphabet's stock has climbed roughly 30% over the last six months, beating out Amazon, up 15%, and Microsoft, which is off about 20%. Much of that is thanks to the success of Google's cloud platform and Gemini artificial intelligence models."
"Google Cloud revenue is projected to be $18.4 billion, which would amount to a 50% year-over-year increase. For the first quarter, Alphabet is expected to report earnings per share of $2.62 on revenue of $107 billion."
"Capital expenditures are also expected to balloon in the quarter, with Wall Street expecting $36.39 billion in spending for the period, a dramatic 111% year-over-year jump."
"Alphabet's earnings come after the company announced a number of major AI moves during its Google Cloud Next 2026 conference last week, including two new AI chips: the TPU 8t and TPU 8i."
Alphabet will report its first quarter results, highlighting updates on its Gemini model and Google Cloud revenue. The company’s stock has risen 30% in six months, outperforming Amazon and Microsoft. Google Cloud revenue is projected to reach $18.4 billion, a 50% increase year-over-year. Earnings per share are expected to be $2.62 on $107 billion revenue. Advertising revenue is anticipated at $76.2 billion. Capital expenditures are expected to rise dramatically to $36.39 billion, reflecting significant investments in AI and cloud technology.
Read at Yahoo Finance
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