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Alphabet's Cloud Business Revenue Outperforms, While Search Ad Revenue Falls Marginally Below Projections
18 hour ago /
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Author：小编
Alphabet Inc. has released its financial report for the second fiscal quarter of 2026, revealing that its cloud revenue soared to $24.77 billion, marking an impressive 82% increase year-over-year and exceeding Wall Street's forecasts. In contrast, revenue from its search advertising segment amounted to $63.27 billion, slightly underperforming market expectations. Consequently, the company's stock price experienced a dip of approximately 0.5% in after-hours trading on Wednesday, ultimately settling at $342.09 per share in New York.
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