The addition of AI Overviews to Google Search may be one reason why that business continues to show strength. It brought in more than $54.19 billion in revenue during the quarter, representing a good chunk of its overall $71.34 billion in advertising revenue. That was up 10.5% from $64.61 billion in ad sales in the same period last year.

Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks in the Spotlight Right Now. On July 22, Stifel analyst Mark Kelley raised the price target on the stock to $218.00 (from $200.00) while maintaining a “Buy” rating.

Google remains in third place in the cloud market, after Microsoft and Amazon.com Inc., but the company’s prowess in AI has helped it score client wins. The unit is widely viewed as Alphabet’s strongest source of growth as the main search business matures.

Alphabet Inc.'s strong second quarter showcases cash flow, cloud growth, and strategic AI investments. Click to see why GOOG stock is a top value pick.

Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.

Live Updates Live Coverage Updates appear automatically as they are published. Revenue By Segment Heading Into Q2 1:16 pm Cloud returned to high-20s % growth, while Search and YouTube showed strength across both brand and performance formats Segment Revenue YoY Growth Google Search $46.

Alphabet Inc. (NASDAQ: GOOGL) is one of the AI Stocks on Analysts’ Radar Right Now . On July 21, Wolfe Research analyst Shweta Khajuria reiterated an “Outperform” rating on the stock with a $190.00 price target. The rating affirmation comes ahead of Alphabet’s second-quarter earnings report scheduled for Tuesday, July 22 nd.

Google’s parent company, which is facing aggressive competition in its core search business from A.I. chatbots, also posted a double-digit profit increase.

Alphabet Inc. is set to release its second-quarter earnings on Tuesday. Analysts anticipate robust results, despite concerns over the impact of AI on the company's core search business.

As the AI talent wars escalate, Google’s new arrangement with startup Windsurf shows tech companies see a lot of value in coding assistants.

Alphabet , faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the technology is helping it dig a deeper moat around its search and advertising businesses.