Google Cloud revenue surged 82% to $24.8 billion in Q2 2026, driven by enterprise demand for artificial intelligence solutions. This follows a 63% increase in the previous quarter. Alphabet acknowledged that capacity constraints limited even higher revenue potential, and raised its capital expenditure forecast to address them. Market participants are concerned about potential impacts on Alphabet’s stock, as it remains the world’s second-largest company by market capitalization.
Source: Read the original article
