Alphabet reported impressive Q2 2025 earnings, achieving $96.4 billion in revenue with a 14% increase year-over-year. Its net income rose by 19%, and earnings per share increased by 22% to $2.31. Google Cloud showcased significant growth, with revenue up 32% to $13.6 billion for its sixth profitable quarter. Despite this success and the rise of generative AI, Alphabet remains cautious with crypto, not listing any digital assets on its balance sheet and avoiding mention of crypto during earnings discussions, despite blockchain support through Google Cloud.
"We are leading at the frontier of AI and shipping at an incredible pace. AI is positively impacting every part of the business, driving strong momentum. Search delivered double-digit revenue growth, and our new features, like AI Overviews and AI Mode, are performing well."
"Google Cloud remained a standout performer, with revenue surging 32% to $13.6 billion, marking its sixth consecutive profitable quarter."
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