Reported about 17 hours ago
Google's parent company, Alphabet, will release its second quarter earnings this Wednesday, amidst growing expectations for revenue gains driven by artificial intelligence (AI). Analysts predict that the company will report an adjusted earnings per share of $2.17 on $79.6 billion in revenue, up from $71.3 billion a year ago. Notably, AI features in Google's products are attracting significant user engagement, with advertising revenue expected to rise, despite potential challenges from ongoing antitrust issues.
Source: YAHOO