Alphabet AI (GOOG GOOGL Earnings)
Alphabet (GOOG/GOOGL) will be announcing their Q2 earnings after the close today.
Analysts expect to report a revenue of $72.8 billion (a 4% rise from last year) and earnings of $1.34 per share.
In Q3, revenue is expected to rise to $74.7 billion (an 8% increase), and earnings expected to reach $1.36.
In the conference call, investors will want to hear about how well they're doing in the search market and the ad business, as well as their AI projects.
TECHS:
Google's stock has gone up 38% so far this year and is currently 19x predicted earnings for 2024.
The options market is pricing in a 5% change
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